Hi, everybody. Cheryl Akison here. I hope you enjoy this special from the archives edition of Full Measure After Hours.

Hi, everybody. Cheryl Akison here. Welcome to another edition of Full Measure After Hours. Today, high hopes for legalized recreational

marijuana are going up in smoke for some who were lowered by the promise of a new green rush.

We are in the middle in America of a major drug, business, and legal experiment.

24 states now and Washington, D.C., have legalized recreational marijuana. Even more states, 39 of them altogether plus D.C., allow medical use.

Pot has been legal for recreational use in Oregon, longer than most any place else. And the story of how

it's working out about 10 years in is complicated and depends on who's telling it. That's my cover story

Sunday, May 4th on full measure. I have visited numerous states, including most of the first ones that legalized recreational marijuana.

We've been doing this on full measure for a couple of years to see how legalized pot is working out,

and we are finding out time and again from interviewing pot advocates that there are a lot of

disappointed people out there. There's the fact that the black market

for illegal pot did not dissolve the way many people promised it would and states that legalized

marijuana. Sometimes there have been new problems that have arisen over the fact that there's no

great test for the sort of a DUI for people who are high on pot. And that's created a problem.

These are problems I'm hearing from people who advocated for legalized pot. There's still a lot

of confusion going on because marijuana is technically illegal still. Even in all the states

that say they've legalized it, it's illegal from a

federal standpoint. It's just that the federal government has decided not to enforce the laws.

But because of that, it largely has to be a cash-only business because a lot of banks can't or

won't do business with these pot businesses and states that have legalized marijuana.

There are tax issues and tax repercussions on a federal level.

These deductions for business expenses on these marijuana businesses trying to make it.

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