Recreational Cannabis Legalization A Substitute for Alcohol, Not Tobacco

A new study forthcoming in Marketing Science indicates although recreational cannabis legalization (RCL) significantly increases cannabis online search volume, the increase comes from adults only, not the younger demographic. RCL also influences the alcohol and tobacco industries asymmetrically: it reduces…

cannabis in a jar

Potential Legalization of Recreational Marijuana Sales Poses Opportunity in NY

By Syracuse Staff When investors begin testing the waters in the budding and potentially lucrative marijuana market, the dollars flow somewhat tentatively. Marijuana is still illegal at the federal level, and despite the eight states that have legalized it for…