Regulating Cannabis: A Detailed Scenario for a Nonprofit Cannabis Market

With the legalization of recreational cannabis markets in Uruguay, Canada, and several U.S. states, a breakthrough in conventional cannabis policy is emerging.

But legalization is not a binary choice between prohibition and some regulated commercial model (like alcohol). A commercial market is just one of many ways to implement legalizationand moving directly from prohibition to commercial legalization leaps from one extreme to the other.

Tom Decorte, a criminologist and anthropologist at...