Recreational Cannabis Study (Part 10)
Contemporary Evolutions: Recreational Cannabis Study Recreational cannabis represents the most progressive market model seen in the industry today – this is due mainly to the fact that larger consumer bases spur the greatest innovation in the business. As such, recreational cannabis markets most closely resemble other mainstream industries in the U.S. and beyond, where pure consumer demand drives business competition as well as success. In the language of economists, this sort of market structure operates under the banner of “laissez-faire economics.” For those who did not know, the term laissez-faire is defined as “a doctrine opposing governmental interference in economic …