The cannabis social market

Marco Rossi ()
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Marco Rossi: Università Sapienza di Roma - Dipartimento di Scienze Sociali ed Economiche

No 43, Public Finance Research Papers from Istituto di Economia e Finanza, DSGE, Sapienza University of Rome

Abstract: Here, we define the market where the traders are friends, and the transactions are minimally commercially oriented, as the “cannabis social market†. In order to define the cannabis “social market†, we add the study of the cannabis “social demand†to what has been already defined in the literature as “social supply†(Hough et al. 2003). We think that the study of the demand side is very important because in this market it looks like that trading is demand-driven, more than profit-oriented. Actually, the main (alleged) motivation for selling cannabis to a friend is to satisfy his need (“to help out a friend†), more than to gain a monetary profit. In the cannabis social market, the short side of the market is the demand side, that is the quantity traded is the quantity demanded by consumers. Instead, street dealers supply is profit-oriented, therefore the street dealers’ commercial attitude is more aggressive: they are named “pushers†because they try to motivate potential buyers. Therefore, in the street dealer market, trading is more supply-driven than it is in the cannabis social market. In other terms, cannabis trading in the social market is like having sex with friends, while buying cannabis by street dealers is like having sex with a prostitute.

Keywords: cannabis; social networks; social supply; social capital (search for similar items in EconPapers)
JEL-codes: D40 D61 D62 D91 K42 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2020-04
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Persistent link: https://EconPapers.repec.org/RePEc:gfe:pfrp00:00043

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