Washington state on Thursday became the first in the nation to allow adults the legal recreational use of marijuana.
Colorado will soon join the Evergreen state in enacting marijuana legalization laws after voters in both states approved ballot initiatives that defy federal laws deeming pot illegal. Saturday in #nerdland, host Melissa Harris-Perry took a look at Washington’s historic step, as well as the possibility of how regulated marijuana could provide a boost to the recovering American economy.
Doug Fine, author of “Too High To Fail: Cannabis and the New Green Economic Revolution,” spoke to the potential financial boon to cannabis farmers in a multi-billion dollar industry on the wholesale level.
“We’re talking about America’s biggest crop,” Fine said Saturday. “And so we’re looking at a $40 billion industry when the sheer nonsense of the drug war ends, which hopefully will be pretty soon.”
The possibility of the proverbial War on Drugs ending may not come anytime soon since, as the New York Times reported on Friday, the Department of Justice is considering what action it will take against Washington and Colorado.
But as Matt Welch, editor-in-chief of Reason, pointed out, politicians may have to carry out the will of the people as current drug policy may not be sustainable:








