Join our smart investors - Get the best stock directories in  blockchain, cannabis, crypto, AI, IoT, cleantech. Daily podcasts in cannabis and crpto. Just $99  a year

Marijuana Research Grows Alongside Legal Use of Drug

2017 AAEA Annual Meeting features new numbers on both consumption and production


July 19, 2017 ( Newswire) The use of medical marijuana is now legal in 29 states and the District of Columbia.

Eight states have passed laws allowing for the legal use of marijuana recreationally. Michigan could become the ninth later this year, where the city of Detroit already allows the sale of marijuana in stores with proper licensing.

Marijuana is quickly becoming a legal multi-billion dollar industry in the United States, prompting new research into multiple aspects of the drug, including both use and production.

"This is obviously an ongoing controversy and there is widespread debate over the use medical marijuana when it comes to the spillover effects of a medical marijuana law adoption," says Yajuan Li of Texas A&M University.

Li and Ben Schwab of Kansas State University will both present research on marijuana during the 2017 AAEA Annual Meeting in Chicago, July 30-August 1.

Li's paper, "Investigating the Effects of the Medical Marijuana Law on High School Graduation," looks specifically at the high school graduation rates at the state level from 1993 to 2014, and compares states with and without medical marijuana laws both pre-and-post adoption. The research has a very specific and pointed outcome.

"We wanted to show people in other states the particular impact as they debate whether to pass a medical marijuana law," Li said. "This is something for our policy makers to think about."

There are also various laws about growing cannabis, which has turned into a cash crops in states like California. Schwab looks at the results and impact of two decades of growth in his paper: "Green Acres? Cannabis Agriculture and Rural Land Values in Northern California."

"New policy impacts the production of cannabis when it comes to land value," Schwab said. "If you make a piece of land eligible to grow cannabis or increase the amount of cannabis that you can legally grow on it, it increases the value of that land."

But the financial impact isn't the only thing to consider in California and beyond. For more information on either paper, or to set up an interview, please contact Jay Saunders in the AAEA Business Office.


Established in 1910, the Agricultural & Applied Economics Association (AAEA) is the leading professional association for agricultural and applied economists, with 2,500 members in more than 20 countries. Members of the AAEA work in academic or government institutions as well as in industry and not-for-profit organizations, and engage in a variety of research, teaching, and outreach activities in the areas of agriculture, the environment, food, health, and international development. The AAEA publishes two journals, the American Journal of Agricultural Economics and Applied Economic Perspectives & Policy, as well as the online magazine Choices. To learn more, visit


555 East Wells St., Suite 1100
Milwaukee, WI 53202
Phone: (414) 918-3190

Marijuana / Hemp Stocks

Like Marijuana Stocks? View our Marijuana / Hemp Stocks Directory

Join our Group on Linkedin - Marijuana / Hemp Stocks - News and Trends in Green Investing

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: Learn more about publishing your news release on the newswire

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: Global investors must adhere to regulations of each country.

Please read privacy policy: