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Fed report on cannabis legalization benefits & costs (Newsletter: October 18, 2023)

Jersey City suit on police marijuana use; Colombian president smells cannabis in NYC; CA gov signs marijuana bills; Lubbock, TX decrim

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A new report published by the Federal Reserve Bank of Kansas City details the “broadly distributed” economic benefits of legalizing marijuana—such as increases in state income, housing prices and population—but also the social costs that are “more concentrated among individuals.”

Jersey City, New Jersey officials are suing the state in federal court because

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