Ricky mulvey talks with robin goldstein, an economist at the university of california davis. Goldstein and his co author, daniel sumner, talk about their new book entitled, can legal weed win? They discuss why it's been so difficult for investors to find opportunities in this emerging space.
Price elasticity, supply & demand curves....what better way to learn about economic fundamentals than through weed? (C'mon, isn't it more interesting when there’s an illegal market involved?)
Robin Goldstein and Daniel Sumner are economists at UC Davis and co-authors of “Can Legal Weed Win?”, a book about how the economics of legal, and illegal weed intersect. Ricky Mulvey talks with them about: - How federal legalization could help or hurt weed investors - Economic lessons from pot laws in Oklahoma and California - One surprising way that weed is like bacon
Additional resource: https://www.fool.com/investing/stock-market/market-sectors/healthcare/marijuana-stocks/
Host: Ricky Mulvey Guests: Robin Goldstein, Daniel Sumner Engineer: Dan Boyd
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