University of California, Berkeley
Year: 2020
Amount: $270,269
Status: Completed
Researchers: Butsic (Primary Investigator)
Topics: Academic research: economy
Summary
The study explores a critical gap in understanding the link between cannabis farming and rural land values, especially under the dual influences of legalization and the pre-existing illicit market. Humboldt’s cannabis zoning and the 2016 Commercial Medical Marijuana Land Use Ordinance, which created a permitting system, provided a natural experiment for the researchers.
Publications
Green Acres? Cannabis agriculture, formalization, and rural land values in Northern California