Cannabis Economy

Steve DeAngelo, cannabis activist and entrepreneur, discusses legalization in California beginning with the secret history of Prop 64. He poses the question: "Is flawed legalization better than no legalization at all?" In that same vein, DeAngelo notes that, because every part of the supply chain is now taxed, adult use has paradoxically driven some people out of the system rather than bringing them in. Correct regulation is certainly of the utmost importance: "[Comprehensive product safety testing is] what we do with every other product that's designed for human consumption in this country. That's what cannabis consumers deserve: the same degree of protection that every other consumer gets. And we've been denied that, and it has impacted our health, and it has killed us, and it's long overdue for it to stop."