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Taxing Marijuana and the Road to Reparations: Comparing the Colorado and Illinois Cannabis Markets
by Tommaso Carlo Filippo Babucci Abstract Although still prohibited at the federal level, cannabis can now be found on the shelves of recreational dispensaries across thirty-three U.S states. This thesis examines the development of this legal market from both historical and empirical perspectives. Using a new data set, it estimates the determinants of cannabis sales […]