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World’s Biggest Pot Economy Just Inhaled More Fiscal Stimulus

A worker rolls and packages cannabis joints in California. 

A worker rolls and packages cannabis joints in California. 

Photographer: David Odisho/Bloomberg

Welcome to this week’s look at what’s happening in cannabis and psychedelics. My inbox is full of pitches about how to live your best summer with weed and CBD. More interesting, perhaps, is whether California's legal cannabis industry will finally get a leg up on the state’s thriving black market.

Legalizing marijuana was never a sure-fire economic experiment. But it wasn’t expected to lead to relief packages.