The Cannabis Economics Group, in the Department of Agricultural and Resource Economics at the University of California, Davis, studies the economics of cannabis supply and demand and the impacts of public policies with an emphasis on the California experience. The group was launched in 2021 by UC Davis economists Robin Goldstein and Daniel Sumner, who have been collaborating on cannabis economics research since 2016.
Our research group focuses particularly on the economics of cannabis testing as a requirement of the licensed cannabis market segment. We study the distribution of cannabis retail prices using data sets with millions of price observations. We explore the relationships between the segments of cannabis from unlicensed suppliers and cannabis from licensed suppliers.
We publish our work in peer-reviewed journals, books, monographs, and government reports for the California Department of Cannabis Control and California Department of Public Health.