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Marijuana legalization economic effects
Why should the government legalize marijuana
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The legalizing of marijuana is a controversial subject in the United States. There are a few reasons why I think marijuana should be legalized such as helping the economy, especially with the overcrowding of prisons, freedom for people that use it, if alcohol and cigarettes are legal then why isn’t marijuana? Lastly, I strongly believe marijuana should be legalized for medical purposes. Legalizing marijuana would have great benefits. It costs jobs, time, money, and hassle to keep Cannabis illegal. There would be many benefits on the economy of a state for legalizing marijuana. One benefit would be increasing money for the state’s tax base. Take Colorado for example, it was the first state to legalize marijuana. As a result of that, the state collected millions of dollars in tax revenue in a short period of time after legalizing the …show more content…
Colorado was able to use revenue for its public school systems, which is a good reason why Oklahoma should follow. The state of Washington has also benefited from the legalization of marijuana in the state. Another reason why legalizing marijuana could help the economy is prisons are overcrowded, especially with people doing time for marijuana related crimes such as possession of marijuana. So legalizing it would save money on the taxpayer’s part, because prisoners cost. Locking people up just for possessing marijuana kind of seems likes a waste of money and space, which would be another reason why legalizing the drug would be efficient for the economy. Research shows that the use of cigarettes and alcohol cause far more short and long term health issues than marijuana. Drinking/abusing alcohol can lead to liver disease and can even lead to cancer. Also, drinking too much can kill. It shuts down areas of the brain associated with heartbeat, and breathing. Cigarette smoking also causes major health issues such as lung cancer, heart disease, etc. marijuana on the other hand, has far less consequences
Some argue for decriminalization and some for legalization. Decriminalization simply lowers the chance of getting hauled off to jail for small amounts of cannabis but fine can still be given (Economist). Legalization allows for the cannabis to be purchased, sold, and distributed from a credible source without any of the risk typically involved in the current industry. The benefits of legalization are completely financial. Did you know the US spend more than $51 billion dollars on the war on drugs. That 45% of all drug related violations are for marijuana; 700 thousand people incarcerated (Drug Policy). Billions in taxpayer money that could be used for more meaningful expenses. In Colorado they have legalized marijuana and it’s estimated that the state has earned $996 million in 2015 with $62 million solely in taxes. They use some of this tax revenue to help with local education and school construction. School funding was estimated at $35 million in 2015 (The Cannabist).
Marijuana has a greater beneficial impact on society then many people realize. Marijuana should be legalized for medical as well as recreational purposes. This is a highly controversial issue that is being debated throughout the country. In essence marijuana is evaluated by the effectiveness of the drug. It is defined as the dried flowered clusters and leaves of a hemp plant smoked for the intoxicating effect. Whether it should be legalized or not is the real question.
There are many reasons that marijuana should be legalized. It would help our government, and our people. It could create a ton of jobs and make a lot of money to help the United States get out of our national debt. Marijuana is portrayed as a bad drug but it can help people with all kinds of health problems.
By legalizing it for medical use the economy would be benefitted greatly. Seven million dollars alone is spent annually to keep the federal prohibition on marijuana and would actually make about $45 billion in profits. In twenty states it has already been legalized for medical use and in two for recreational use. In all these states, new jobs have been created in growing and distributing it in dispensaries. (“Marijuana and Medical Marijuana”) Other drugs and alcohol can increase violence and crime rates, marijuana does the opposite. Since it is a suppressant the user will not have any more if not less violent tendencies while using it. There are noticeable changes in society in states where it is legal. For example, crime rates have dropped up to 47% and a 15% decrease in murder in the state of Colorado, although along with Washington most states disagree with these states ' choices to make marijuana legal. (“Consumer’s Responses”) Marijuana has been proven to be up to 114 times safer than the already legal drug alcohol. (“Marijuana and Medical
Recreational marijuana will generate money for states once it is legalized. Taxes put on products generates money for states. This money can be used for many different things in the state like funding schools, health insurance programs, transportation, and other uses. Legalization of recreational marijuana in Colorado has created $135 million in taxes, and $35 million of that is extra revenue being used for schools (Colorado Marijuana Sales). This large amount of tax money will be generated from recreational marijuana sales once it is legal. There are many expenses due to illegal consumption of marijuana to a state such as the arrest, prosecution, and incarceration of criminals who use illegal marijuana (Miron). Legalization will reduce state expenses caused by enforcement of the laws that prohibit recreational marijuana. About $8.7 billion worth expenses will be saved by legalizing
...ket where marijuana or other illegal drugs were to be legal the economy would have a major boost. According to we are the drug policy alliance “Legalizing and regulating marijuana will bring the nation's largest cash crop under the rule of law, creating jobs and economic opportunities in the formal economy instead of the illicit market.” For example if producers are making more (legal) drugs that are good quality that are inspected by professionals of course buyers willingness to pay for good quality legal drug will increase, producers will have money to make more supplies and pay taxes to government. Furthermore the crime rate would decrease since people are not likely to rob other individuals for their drugs, selling drugs would be legal and not a crime, and jails would be less full of drug criminals meaning less of tax payer’s money will go to the prison system
Marijuana has been proven effective to treat symptoms of many different illnesses. Cannabis is less dangerous than alcohol because alcohol is an intoxicant and cannabis is not (Armentano). Those that want to keep America "drug-free" need to also start a prohibition on alcohol also because that does more harm than good. Countless die from drunk drivers and alcohol poisoning. Alcohol is the cause of multiple types of cancers. Research has shown the cannabis and positive effects on tumors and many different types of cancers, including lung cancer. Not only has this plant has proven medical health benefits; it's less abrasive on the body then alcohol and alcohol is illegal. The mind-altering effects of marijuana seem to be completely reversible with no permanent damage to the memory and overall cognition. It has been used to treat muscle spasms brought on by Crohn's disease and also appetite suppression brought on by chemotherapy. The drug has also been proven less harmful and less addictive than some other commonly prescribed medication
Marijuana legalization boosts the economy. “The marijuana industry (adult-use and medical) in the United States could exceed $24 billion in revenue by 2025” (Borchardt). “Tourism, banking, food, real estate, construction, and transportation are a few of the industries that benefit from legal marijuana” (Borchardt). Legalizing the sale of marijuana increases jobs, which benefit the communities. The tax money that the state would make, would help out that states schools, colleges
We humans have always been taught to fear what we cannot understand, something that has imprinted into or brain that for tens of thousands of years have undoubtedly protected us from the dangers of the unknown. What if I to the unknown is the answer to our deepest questions? Fortunately for us, cannabis is anything but the unknown. The U.S needs to take a step back and realize that this is not the Stone Age and that marijuana has far more benefits than drawbacks. Therefore there needs to be a lift on the absurd ban of it.
Should Marijuana Be Legalized? In society today, many people look for a feeling of freedom. Many people go on vacation and spend money. The most common escape for people is drugs. Our American society is facing a tremendous drug problem. In order to eradicate the drug problem, a public debate is going on to find some solutions to this drug dilemma. It has become a highly controversial issue whether drugs such as marijuana should be legalized or not. Some people advocate this issue and believe that legalization is the only solution left for the nation while others oppose because it will increase the number of drug users and drug related crimes. Marijuana is a drug that is illegal in the United States. This drug as you know is bad and causes severe side effects to your brain and body. Scientist have found that smoking marijuana can cause you to loose your memory. Marijuana has many psychological and physical effects.
In California, Colorado, and Washington marijuana is both medically and recreationally legal. Since it was legalized in Colorado, marijuana has brought over $100 million in tax revenue for the state. Colorado is also ranked as one of the fastest growing economies in the United States. The unemployment rate is at its lowest since 2008, well below national average. Colorado governor, John Hickenlooper, stated in his latest budget proposal that he expects legal marijuana sales in Colorado to exceed $1 billion in the next year. Rather than spending our tax money to keep
The long terms effects of cannabis are unhealthy it can cause the brain to start working slower. This one damages the lungs and heart. In long period of smoking too much pot can cause bronchitis, coughing, and wheezing. Smokers always say weed is not bad at all, but they not concern that the bad effects come when they grow old. Later in life the body won’t be capable to fight a strong disease because all that drug in the body. Scientist have proven that marijuana makes students get low grades and even be capable to steal. Students that smoke pot have the less opportunity to learn in schools. The people who smoke weed are not concerned how many chemicals they put in herb. Approximately 400 chemicals are found in it.
To start off, the legalization of marijuana in Iowa would bring in tax from dispensaries which would help fund schools, hospitals, shelters which in my eyes would be very beneficial to our state and local community. “From small towns that could barely dot the state's largest urban areas, revenue from retail marijuana sales is helping communities address homelessness, send children to college, fill potholes, secure water rights, and fund an array
The legalization of marijuana is becoming a national problem. I think that we need to decide how to move forward with this problem the best we can. We need to look at all the possibilities of the legalization of this drug. We need to decide if the pros out way the cons or if the other way around. We need to figure out if we could possibly make some money on taxing this drug to help pay for other committees. We need to look at all the options. We need to look at all aspects of new ideas. As a nation, maybe it is time to try something new.
Just think what your life would be like if somebody took something that you’ve had since you were born. Maybe it’s a blanket or pillow or even a stuffed animal, but you don’t remember life without it. One day you’re just relaxing at home and somebody says that blankets are illegal. You freak out because they take your blanket, pillow, stuffed animal or whatever you have, because you can’t remember life without it. This is related to the Illegalization of marijuana. Marijuana has been illegal since 1937, make its uses illegal and unsuccessful and not used to its full potential. Thus, it should be legal in all 50 states.