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Memories of the 28th Century

Miscellaneous thoughts about miscellaneous matters

  1. Pricing Marijuana

    by , 03-11-2014 at 03:16 PM (Memories of the 28th Century)
    I’m not in Colorado or Washington or Uruguay or any other place where marijuana is legal, but I expect to be in not too long a time, because the legalization movement will be spreading. With that in mind, I looked at process in Colorado, and I was shocked. The prices look like they still have a risk premium in there, even though most of the risk has been removed by legalization. It’s not easy to estimate how large the risk premium is, but we should be able to make a reasonable estimate by comparing ...

    Updated 03-11-2014 at 04:45 PM by PeterL

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