This study investigates whether publicly listed cannabis shares provide enough risk-adjusted returns to warrant their incorporation into diversified portfolios. An equally weighted portfolio of cannabis companies is constructed using monthly data from January 2015 to December 2024. Risk-adjusted...

This article analyses the impact of legalising cannabis production for industrial and pharmaceutical use in Morocco, paying particular attention to reducing illegal cultivation. Using an original dataset compiled from multiple sources and employing an advanced econometric approach based on the...

This miniguide is one of a larger set, which together comprise Health and social responses to drug problems: a European guide. It provides an overview of the most important aspects to consider when planning or delivering health and social responses to cannabis-related problems, and reviews the...

Around 50 years ago, the Netherlands decriminalized cannabis for recreational use. This paper uses retrospective data on the ages at which individuals began and ceased cannabis use to reconstruct its prevalence in Amsterdam during the period surrounding the policy change. This approach enables a...

Cannabis regulatory reform has opened areas for product innovation and entrepreneurship. One dimension that has so far been understudied is the potential for cannabidiol (CBD) and tetrahydrocannabinol (THC) beverages. This study uses double-bounded contingent valuation techniques and parametric...

Die Bundesregierung hat einen Gesetzentwurf zur Legalisierung des "kontrollierten Umgangs mit Cannabis" vorgelegt. Das Gesetz regelt die Zulassung des privaten Konsums mit privatem Eigenanbau und in Form von Anbauvereinigungen. Ein weiterer Gesetzentwurf soll bis Jahresende folgen und einen...

It is a common practice in many cultures to use cannabis as a casual leisure activity, particularly for socialization and entertainment in North America and Europe. This study examines the daily use of cannabis and its connection to entertainment and socialization. The research surveyed young...

Evidence on cannabis legalization's effects on mental health remains scarce, despite both rapid increases in cannabis use and an ongoing mental health crisis in the United States. We use granular geographic data to estimate medical cannabis dispensary availability's effects on self-reported...

This study investigates the effect of individual health conditions on individual innovation output, utilizing the staggered passage of recreational marijuana policies as an exogenous shock. Employing a large and current sample of U.S. inventors from 2010 to 2018, our study identifies a...

Recent studies have concluded that state laws legalizing medical marijuana can reduce deaths from opioid overdoses. Using data from the National Survey on Drug Use and Health, a survey uniquely suited to assessing drug misuse, we examine the relationship between recreational marijuana laws...

The provisions of the federal Cannabis Act came into force on 17 October 2018, opening a new era of cannabis management in Canada. We examine cannabis in Canada through the lens of reconciliation and the rights of First Nations, Métis, and Inuit peoples. There is potential for Indigenous...

This paper studies the impact of legalization on the rate and direction of innovation in the cannabis market. We construct novel data on cannabis-related innovation in clinical trials and patent applications. Using staggered difference-in-differences models utilizing the variation in state...

The aim of this study was to explore Canada's image as a cannabis tourism destination and investigate how tourists' motivations, perceived risks, and travel constraints affect their intentions to visit Canada for leisure cannabis consumption. By examining the image formation process from a...

Federal legislation to legalize, regulate, and tax cannabis could have significant impacts on the federal budget. While the specific details of any potential cannabis legalization legislation are unknown at present, such reforms are likely to affect both tax receipts and federal outlays through...

From its inception, the Federal Reserve has operated payment systems that let banks move money for their customers. Checks, wire transfers, and electronic consumer payments all happen thanks to the Federal Reserve. Congress by statute specified which banks get access to the Fed’s payment...

This article examines the history of a legal-scientific controversy: the challenges to criminal prohibitions on marijuana, which invoked contested scientific views of the taxonomy of the cannabis plant. Facing prosecution in the 1970s, numerous defendants raised the ‘botanical defence’, an...

Cannabis legalization has increased substantially in the past two decades with state-level policies that permit possession this product. A potential concern with cannabis legalization and the corresponding increase in consumption is that - because smoking is the most common consumption mode -...

Suicide rates among older adults have been rising over time in the United States. At the same time, more individuals have been suffering with chronic pain and illness, which are often underlying risk factors for suicide. As self-medication with marijuana has become common, we ask whether access...

"Before we jump into the rules and regulations surrounding cannabis banking, it is important to look at the basics. What is cannabis exactly, how have the political and social relationship with cannabis changed over the years, and where does cannabis currently stand in the eyes of the...

Studies show that U.S. state cannabis legalization has increased adult cannabis use, but the effects on youth use are mixed. This study considers whether omission of enforcement of the minimum legal sales age (MLSA) might help explain prior mixed findings. We combine biennial survey data for...

This study utilises a dataset of 58 state-level marijuana decriminalisation and legalisation bills and referenda in the United States in 2010-2022 to estimate the implications of illicit market use for the value of Bitcoin in an event studies framework. Decriminalisation is associated with a...

Cannabis policy is a story of complexity and dynamism laced with tension and inequity. Policy makers’ views are rapidly changing, reflected by many bills sitting before Congress. This Essay considers three of the major bills that have a more comprehensive approach to cannabis. These bills also...

Cannabis is increasingly accepted by medical organizations for medicinal and research purposes. A traceability system is required for monitoring and controlling the use of cannabis. This work aimed to investigate the relationship between critical success factors (CSFs) for creating the...

Der vorliegende Beitrag fasst die Argumente für eine Legalisierung von Cannabis zusammen und macht Vorschläge zur Ausgestaltung des Regulierungsrahmens. Hauptargument für eine regulierte Cannabisfreigabe sind nicht die zu erwartenden Steuereinnahmen oder die entstehenden legalen...