“Stop oligopoly” or “Share the wealth”

Annual marijuana license auctions, mentioned here recently, are a dream in Theoryland, I’m afraid.  (At least they would tilt toward sun-grown – no one would build an indoor grow with a one-year license.)  A more realistic way to time-limit economic power – sunsetted quotas – is on the table in New Zealand now.

Is Canada stopping oligopoly, or sharing the wealth?  Uruguay?  

Revenue options seem a side-show to the real business of allocating licenses.  And worrying about their transferability.  I’m afraid of a cannabis version of Carlos Slim.  (And government monopoly – is PEMEX a success story?)

Annual license auctions are a dream in Theoryland, I’m afraid.  (At least they would tilt toward sun-grown – no one would build an indoor grow with a one-year license.)  

But sunsetted quotas are on the table in New Zealand now.   Licenses next?

MUCD panel today heard me rant against preferential licenses.

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