A cannabis monopoly asteroid is coming
Op-Ed by Shaleen Title
Tuesday, February 1, 2022
If you think two or three powerful companies owning and controlling the sales of all regulated marijuana sounds like a good thing, you can click away from this article. But if the thought of a market controlled by Marijuamazon, Canna-uber, or Weedbook (excuse me, Weedaverse) is unsettling to you, I want to introduce you to a valuable concept: antitrust laws. As the power grab for control of the multibillion-dollar industry heats up, consumers and patients need antitrust protection. By applying the concepts of antitrust law to all federal cannabis reform now, we can avoid the creation of national monopolies before it’s too late and create a diverse and fair marijuana market instead. (See also: Schumer gives update on federal marijuana legalization and banking in meeting with equity advocates)