Marijuana

3:00pm

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
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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.

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6:25am

Sun November 25, 2012
U.S.

Legal Pot Is Here, But Stash The Wallet For Now

Originally published on Wed November 28, 2012 3:34 pm

Legalized marijuana in Colorado and Washington state may open the door to a new kind of tourism.
Ed Andrieski AP

1:25am

Tue November 20, 2012
Law

Will U.S. Try To Snuff Out State Marijuana Laws?

Originally published on Thu December 13, 2012 2:54 pm

A worker inspects a marijuana plant at a grow house in Denver on Nov. 8.
Ed Andrieski AP

The Justice Department has a big decision to make.

Parts of new laws in Colorado and Washington that legalize small amounts of recreational marijuana will take effect early next month. The Obama administration needs to choose whether it will sue to stop the legislation or let those states go their own way — even though the drug remains illegal under federal law.

Colorado Gov. John Hickenlooper, a Democrat, says the message he got from voters is unambiguous.

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1:36pm

Fri November 16, 2012

1:37am

Fri November 16, 2012
Planet Money

It's Legal To Sell Marijuana In Washington. But Try Telling That To A Bank.

Originally published on Mon November 19, 2012 12:03 pm

David McNew Getty Images

Voters in Washington and Colorado just approved measures legalizing marijuana for recreational use. But businesses that want to sell marijuana in those states will face a problem: No bank wants to do business with them.

I called several banks in Washington. I called a local credit union, a tiny bank in the San Juan islands. Everybody said basically the same thing. Even if selling marijuana is legal under state law, it's still illegal under federal law. And banks and credit unions worry that this could get them in trouble.

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