Wed December 5, 2012
Planet Money

How To Sell Marijuana Legally, In Four Inconvenient Steps

Selling it is the easy part.
Ted S. Warren AP

On our show yesterday, we talked with John Davis, who runs a legal medical marijuana business in Washington state. He described one of the big hurdles of starting a legal marijuana business: It's really hard to get a bank account.

His story reveals not only the gray area the marijuana business still inhabits (it's still illegal under federal law), but also just how hard it is to run a small business without a bank.

Read more


Wed December 5, 2012

Governor Talks About Marijuana, Drought and Child Welfare Issues

Governor John Hickenlooper
State of Colorado

At least two Colorado counties are planning to opt out of some of the provisions allowed for in Amendment 64 that legalized the use of small amounts of recreational marijuana.

Read more


Tue December 4, 2012
Planet Money

Episode 420: The (Legal) Marijuana Business

David McNew Getty Images
  • Listen to the Episode

Last month, two states voted to legalize recreational marijuana. A bunch of others states have already legalized medical marijuana.

Not surprisingly, there are legitimate, legal (at least under state law) marijuana entrepreneurs trying to start businesses around the country.

On today's show, we discover the one big thing that's standing in their way: getting a bank account. And we learn how hard it is to run a business on cash alone.

Read more


Sat December 1, 2012
Intelligence Squared U.S.

Should We Legalize Drugs?

Originally published on Tue November 20, 2012 2:54 pm

Theodore Dalrymple (left) and Asa Hutchinson argue against legalizing drugs in an Intelligence Squared U.S. debate.
Samuel LaHoz
  • Listen To The Full Audio Of The Debate
  • Listen to the Broadcast Version of the Debate

In Colorado and Washington, voters recently approved measures to legalize the recreational use of marijuana. Supporters say legalization will generate tax revenue, move the trade into the open, and free up law enforcement resources.

Read more


Sun November 25, 2012