Green Gold Rush: The Rise of Commercial Marijuana

Date/Time
Date(s) - 11/15/17
5:30 pm - 7:00 pm

Location
Chicago Council on Global Affairs

Hosted by
Chicago Council


 

Green Gold Rush: The Rise of Commercial Marijuana

Chicago Council

John Hudak, Deputy Director, Center for Effective Public Management, Brookings Institute; Dina Rollman, Chief Counsel – Compliance, Green Thumb Industries. Moderated by Michael Tiboris, Fellow, Global Water.

Is marijuana legal or illegal – can it be both? The legal marijuana industry is poised to add more than a quarter of a million jobs to the economy by 2020. Cost savings from legalization could be over $7.7 billion and tax revenue could range from $2.4 to $6 billion annually. Yet, marijuana remains a federally controlled substance, deterring professionals and investors from entering the market. In the last few months, Canada and Mexico have legalized marijuana at the national level for recreational and medical use respectively. What, if anything, is the US losing by not adopting a federal legalization policy? As this new industry grows, how can it do so inclusively?

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John Hudak

Deputy Director, Center for Effective Public Management, Brookings Institute

John Hudak is the deputy director of the Center for Effective Public Management and a senior fellow in Governance Studies at the Brookings Institute. His research examines questions of presidential power in the contexts of administration, personnel, and public policy as well as state and federal marijuana policy. He is the author of Marijuana: A Short History. Prior to joining Brookings, John served as the program director and as a graduate fellow at the Center for the Study of Democratic Institutions. He holds a BA in political science and economics from the University of Connecticut and a MA and PhD in political science from Vanderbilt University.

 

 

 

 

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