It is always interesting to see how interest groups are lobbying. It turns out that medical marijuana vendors are lobbying against pot legalization because they prefer to have a special license to sell the stuff and full legalization would result in more competition and lower prices for medical marijuana. The beer lobby is also worried that marijuana will be a substitute and not a compliment for beer. There is academic research that has demonstrated this.
And casino operators have joined the anti-gambling movement to help fund the political battle against a new casino in Maryland because it would increase competition and lower prices.
Hat tip Yglesias.
Tuesday, November 27, 2012
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