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02 January 2023

The High Cost of Cannabis Legalization (Dr. Fisher on Periodic Effects Podcast PE291)

Join host Wayne Schwind and returning guest Ruth Fisher, PhD, as they discuss what the process of legalization has done to the cannabis industry. A complex problem exists in going from black market-only to a fully legal market. How can government successfully navigate this problem? What are different states doing, what's working, and what's not? What did we do when Prohibition was overturned?


  • 00:00 - Intro, Ruth Fisher, Ph.D
  • 01:00 - Taxing regulations impact on cannabis
  • 05:50 - State-to-state regulated commerce
  • 08:18 - Looking at cannabis tax procedures
  • 16:30 - Why regulators tax this way
  • 25:25 - Taming the black market

Listen or watch below.


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