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Research paper on the economic impacts of legalized marijuana
Economic benefits of marijuana legalization essay
Economic benefits of legalizing marijuana
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The legalization and cultivation of marijuana will open up new job opportunities for employment in the city of Desert Hot Springs. According to an article by Marijuana Business Daily, “Cannabis-related companies now employ an estimated 100,000 to 150,000 full- and part-time workers” (Robaton 2016). Colorado and Washington were the first two states that permitted the possession, cultivation, and sales of recreational marijuana usage, which they made a huge profit for their communities. Although Desert Hot Springs mayor, Scott Matos, opposed legalization of marijuana; however, he has put aside his moral stance and focus on what economic benefits will transpire due to the cultivation in the community. The more people smoke, the more personnel
Walsh, John. "Q&A: Legal Marijuana in Colorado and Washington." The Brookings Institution. Washington Office on Latin America, 21 May 2013. Web. 26 Feb. 2014.
The controversy of legalizing marijuana has been raging for quite a while in America. From some people pushing it for medical purposes to potheads just wanting to get high legally. Marijuana has been used for years as a popular drug for people who want to get a high. All this time it has been illegal and now it looks as if the drug may become legal. There has been heated debate by many sides giving there opinion in the issue. These people are not only left wing liberals either. Richard Brookhiser, a National Review Senior editor is openly supportive of medical marijuana yet extremely conservative in his writing for National Review (Brookhiser 27). He is for medical marijuana since he used it in his battle with testicular cancer. He says "I turned to [marijuana] when I got cancer because marijuana gives healthy people an appetite, and prevents people who are nauseated from throwing up. "(Brookhiser 27) Cancer patients are not the only benefactors from the appetite enhancer in marijuana, but so are any other nauseous people. Arizona and California have already passed a law allowing marijuana to be used as a medicinal drug. Fifty Six percent of the California voters voted for this law. "We've sent a message to Washington," says Dennis Peron. "They've had 25 years of this drug was, and they've only made things worse." (Simmons 111) The Arizona proposition garnished an even wider margin of separation between the fore's an against in a sixty five percent support tally. Ethan Nadelmann insists that " these propositions are not about legalization or decriminalization. They're about initiating some non radical, commonsense approaches to drug policy." General Barry McCaffery disagrees saying, "I...
There are organizations that think that the legalization of marijuana would help both the economy and the welfare of society. Law Enforcement Against Prohibition (LEAP) is a group of current and former law enforcement personnel who oppose the war on drugs and advocate the legalization and regulation of all drugs including marijuana(Barbour).The positive impact to the local, state, and federal governments should be one of the main concerns to any state that is considering passing the law to legalize marijuana. When it comes to our state, all citizens need to be aware of the positive financial and legal affect for the justice system, cost for our local, state, and federal government. The impact of the legalization of marijuana would have on our society is unknown(Barbour).... ...
The Cannabis Policy Reform Act of 2014 might not be on the ballot in this year’s election. The topic of legalizing Cannabis here in California has been around for over 20 years. After doing research on legalizing Cannabis I have found many reasons why California should legalize it, many of the reasons could benefit our economy. As well as the medical benefits it gives to many people suffering from cancer, AIDS and other illnesses. The pros and the cons both have compelling arguments but I believe that legalizing Cannabis would benefit California.
As a resident of the state of Texas, I’d like to raise awareness an issue that affects our entire country, yet can be resolved by changing many of the regulations in our own state. This issue is the legalization of marijuana; specifically, the legalization of recreational use. In the past you’ve openly supported the rights of the states to control their own laws in regards to things like marijuana use, but opposed to the idea of ever voting for it should it appear on Texas ballots. However, I will explain how it’s in the best interest of your state, and the nation to start thinking otherwise.
in Colorado and Washington as not only medicinal, but recreational use. They have also begun
Jazz musicians, labor workers, and river boatmen were quickly taking to its euphoric effects (Gettman, 1995). Smoking marijuana also became more popular during Prohibition when more people began cultivation of the plant and importing it into the U.S. to replace alcohol (Doweiko, 2002). In 1942, marijuana was removed from the United States Pharacopoeia and the Federal Government began to criminalize non-medicinal marijuana possession and use (Carter et al., 2003). Marijuana became extremely popular in the 1960's and, today, is considered the most widely used illicit drug in the world, Canada, and the United States (Gettman, 1995). Pharmacology and Chemistry of Marijuana Cannabis is known to contain over 400 chemicals in which about 70 are classified as plant cannabinoids.
In 2012, Colorado took a bold move and declared that Cannabis, also know as Marijuana or weed, is legal to buy for people 21 and over. Washington followed Colorado's footsteps and legalized weed, too. These actions are sparking questions if Colorado and Washington made the right choice. Should all states legalize weed or not? Initially, the United States is split into two sides. Those sides are people that want Marijuana legalized and those that don't. Legalizing marijuana has its pros if it is used to benefit the medical field, but there are cons in overusing and abusing it.
Ever since the federal criminalization of marijuana in the United States in 1937, there has been a large underground drug market (Paul). Much like how the prohibition of alcohol simply forced imbibers underground, those who chose to partake in marijuana are forced to stay away from the prying eye of the law because of present marijuana laws. This means the drug world is concealed from the average citizen, hiding the dangers of drug deals gone wrong, police shootings, and other dangerous occurrences. In a way this allows the government to mask the fact that their well-funded ‘War on Drugs’ is ineffective, a ‘War’ with a budget of roughly twenty billion dollars; which is not profoundly effective in the curbing the use of drugs (Jillette). If the average citizen does not know what is happening, in the eyes of the American zeitgeist, it is not happening. Criminalizing a harmless drug to cut down on its use simply turns its users into criminals, making the crime rate go up and clogging prisons with non-violent criminals. Marijuana is less harmful than alcohol and tobacco and the laws pertaining to it should reflect that.
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.
“Marijuana should be removed from the criminal justice system and regulated in a manner similar to alcohol and tobacco. 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. Scarce law enforcement resources that could be better used to protect public safety would be preserved while reducing corrections and court costs. State and local governments would acquire significant new sources of tax revenue from regulating marijuana sales.” (Drug Policy Alliance)
With an estimated twenty-five million active marijuana smokers in America that consume nearly thirty-one million pounds of marijuana each year, we are missing out on extreme revenue that this country cannot afford to go without for much longer (Krulick). Specialized government funded programs such as Women, Infants, and Children (WIC) cost around $7 billion and are in danger of being defunded to save money (Whitehouse). Marijuana tax revenues exceed $6 billion and would help less fortunate women in need of assistance when they are raising a child. On the state level, Alabama has a projected profit of $8.9 million in tax revenues alone from marijuana sales (Miron). States could increase pay or set up better retirement for police, firefighters, teachers, or any other underpaid public service.
Marijuana is the third most common leisure drug in the United States after alcohol and tobacco. Millions of Americans smoke marijuana despite the strict laws against its use. Marijuana is less dangerous compared to tobacco or alcohol. Smoking marijuana can cause breathing problems and coughing just like cigarettes and some people get addicted after using for a while. Regulating and legalizing marijuana will bring Americas greatest cash crop under law, create economic opportunities and jobs in the formal economy as opposed to the underground market. Adopting a legally controlled market for marijuana will ensure that consumers buy the products from a safe and legal source. Marijuana has been approved in some states for medical uses to ease the effects of different health challenges. Colorado and Washington legalized m...
The legalization of marijuana will have a huge impact on the economics of the United States to the point that I feel that government will assist in the continuation of these companies. If it is passed in the government the selling of marijuana could generate millions of dollars in tax revenue. Colorado is the latest state that has approved the selling of marijuana for recreational use. This topic has been tossed around by the officials for years now. Legislators in Colorado have “consider excise and sales taxes on marijuana of up to 30 percent combined” (Frosch, 2013). With the rapidly growing market and marijuana industry rules and regulations had to be put into place. Even this tax charge needs to be implemented and enforced. “These taxes are set high enough to finance the administration of new laws, but not so high that customers are driven back to the black market” (Frosch, 2013). There are many financial benefits as a state can help pay for the enforcement and other fundamental issues. One bad thing about taxing so high is that you can simply crowd out the regulated market. It is important to find the right balan...
The amount people wanting marijuana to be legal is growing daily in the United States of America. Public affairs research says that 61% of Americans support marijuana legalization in the United States of America. Still, only four states and the District of Columbia have legalized marijuana. Marijuana legalization is moving very slowly. Many people believe it's the DEA to blame for such slow marijuana legalization. Due to the DEA’s constant criticism of marijuana has to lead many people to blame the DEA for such slow legalization.