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The economic impact of marijuana legalization
Legalizing marijuana benefits
Legalizing marijuana benefits
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Marijuana is a drug that has been used recreationally for many years. There has been some controversy on whether or not it should be legalized under federal law for recreational use. Currently, it is illegal by federal law, but some states have legalized it, going against state law. Recreational marijuana must be legalized because it will generate money, regulations that make it safe, and it is less harmful than alcohol and cigarettes, which are legal substances. 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 …show more content…
Marijuana is already being used all across the country in states where it is both legal and illegal. The FDA is responsible for regulating things like foods and pharm. Drugs. Marijuana is not included because it is an illicit substance. The lack of regulations means that it could have any potency, quality, health effects, or labeling of information (Regulating Commercially legalized). With the legalization of recreational marijuana, there will have to be regulations that monitor those things. This means that marijuana use will be
This legalization allowed anyone to smoke and possess up to an ounce of marijuana as long as you are over the age of 21. Colorado is not just making a difference for the people that need it medically but even a difference for the people that do not need it at all. Since they legalized the drug in Colorado, petty arrests have decreased from almost 6,000 yearly to 120 yearly. As an added bonus, Colorado made a profit of almost seventy million dollars in marijuana tax revenue . This money went towards improving schools and the community. The alcohol revenue earned grew and just under forty two million in the same year. 19.6 million will go to the education system for Colorado in comparison to the previous year when there was only 13.9 million going towards the education (Ryan). Not only did it create revenue for the community and school systems, it also created many open jobs for people of the area. It also helps provide information about medical marijuana and where it comes from .
Today’s economy is struggling and it is in dire need of relief. As of 2013, the United State’s debt was $17 trillion, and if marijuana were to be legalized than it would help raise more money. It could be taxed and distributed for consumption sold like alcohol and tobacco. Taxes on cigarettes amounted to more than $43.3 Billion in 2012 (RJReynolds). The legalization of marijuana could possibly one day make that money helping to reduce this nation's debt. But, as the United States continues to prohibit the use of marijuana, it will make the taxpayers pay more money each year on the illegal usage of the drug. The marijuana prohibition costs both state and federal governments more than $20 billion a year (CATO Institute). One drug policy could change how much it wastes on the prohibition but the government has done so. A study by the CATO institute showed that...
In the article “Top Ten Reasons Marijuana Should Be Legal” they state that it is a scientific fact that marijuana is not toxic to humans. It is nearly impossible to overdose on marijuana, unlike other legal and illegal substances that can cause death when being used for the first time with very little amounts. The writer of the article mentions how prohibition has failed to control the use and domestic product of marijuana. The government has tried to use criminal penalties for the past 75 years , yet marijuana is still used by 25 million people annually. Thinking that marijuana is going to be completely eliminated from America is a silly fantasy. Right now, marijuana is the biggest cash crop in the United States. A regulated marijuana market would also reduce the sales of the “drug” to teenagers. Teenagers would also not be exposed to different types of other illegal drugs such as pills or cocaine if they are not exposed to illegal marijuana.
Marijuana or cannabis, according to the Federal Government is considered dangerous and addictive and is, therefore, placed on the controlled substance list as a schedule 1 drug, making its use and possession illegal, as well it is considered one of the worst drugs. Other more harmful drugs such as cocaine are considered schedule II drugs, so according to the U.S Government cocaine is considered less hazardous than marijuana. There have been many studies conducted by scientist proving the benefits of medical marijuana in relieving chronic pain, nausea and a full array of other ailments. The benefits of legalizing marijuana far outweigh the bad. By allowing people to possess and use marijuana for medicinal purposes, we are improving society as a whole and increasing the happiness or utility of individuals who are living with debilitating conditions in turn this would create a happier society all around.
Marijuana has been the center of debate for several years now. There are many opinions on the subject, some believe that marijuana will be a “save all” that can help with medical advances, is less harmful than alcohol along with the taxability, so they push extremely hard for it to be legal. Others believe it will cause the world to collapse starting with it being addicting and moving to the detrition of our mental health, and want to do all they can to keep it illegal. Even though some believe it is bad for your mental health and can be very addictive, marijuana should be legal because it has positive medicinal and recreational uses and is taxable and safer than alcohol.
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 is a drug formed by drying out the shredded flowers, stems, and leaves of the Indian hemp plant. It is also the most common illegal drug used in the United States, and the second most- used drug in the world, behind alcohol. According to one national survey, approximately 6,000 Americans try marijuana for the first time every day. Marijuana has been proven to positively affect some illnesses, and the Medical Legalization Movement has made great progress in the US (randomhistory.com ©2007-2014). However, should the drug be approved for recreational purposes? Several significant reasons lead me to believe it should be.
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.
In the last fiscal year alone, marijuana brought 70 million dollars in tax revenue in the state of Colorado. Colorado was the first state to legalize marijuana recreationally in the fall of 2012, and since then three other states and the District of Columbia have legalized the plant. Based off of sales in states that have legalized marijuana recreationally, if all fifty states legalized marijuana, they would bring in a combined 3 billion dollars in tax revenue yearly. That much money from sales of the plant alone could help to stabilize the suffering economy. Moreover, the American Government would be able to control the plant and distribute it how ever they see fit. The economic growth marijuana legalization could bring to the United States outweighs any argument against
What exactly is marijuana? Marijuana, also known as pot or hemp, is a naturally grown substance that contains THC. THC changes how the brain works and gives the user a high that relieves many different pains and even helps erase bad memories. The hemp plant can be found in just about any place, but has to be kept in heat. Marijuana is from a naturally grown plant so why not be able to use it legally? Well, there are many reasons against the legalization of marijuana and there are also many very good reasons to legalize it for medical and recreational use. So to the government and everyone against legalizing marijuana, too bad! It’s natural and people are going to smoke no matter what the laws are, so why not just make it legal? Making the use of marijuana legal everywhere will more than likely help stop the chaos between the smokers and nonsmokers and reduce the outrageously high total of 858, 408 who are arrested annually for marijuana possession and use.
Let’s begin with US revenue gain that would occur from legalizing marijuana. Marijuana Offers Extreme US revenue boost in several different ways. Shouldn’t we want to collect revenue due to taxation other then criminalization? Marijuana is too expensive for our justice system and should inst...
How many more times are you going to be lied to by the government? The government has made it seem like the marijuana plant is a drug that has no good use and is bad for the people. But that’s not true. They keep it illegal for reasons to benefit them. Marijuana has so many reasons why it should be legal. It should be legalized for 3 main reasons:It is safer than other substances that our legal, it could help with a wide range of different medical conditions,and it could be very beneficial and help the economy and industry.
Cannabis is a natural plant that has been made illegal by the United States, and has been a controversial topic ever since the 1920’s. Marijuana is a substance that has been used hundreds of years ago as an herbal medicine and also can be used for textile products from hemp, which is from the Cannabis Sativa plant. Because of marijuana being categorized as a schedule one substance, it has no medical value and cannot be researched in the United States. Marijuana is said to be a gateway drug and is very unhealthy for adolescents with premature brains. The marijuana prohibition should finally come to a close because there are many benefits from cannabis and it is less harmful than both alcohol and tobacco.
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.
People have been fighting for the legalization of marijuana for a long time. Many people use this drug and find absolutely nothing wrong with it. Others find it disgusting and are opposed to the legalization of it. The earliest use of marijuana was documented in 7000 B.C. The ancient Greeks, Egyptians, and many others used it for medical purposes. Marijuana was first used in the United States during the 1800’s and was banned in 1937 without any reason given by the government except that “it was for our own good” (Block, “Why Marijuana Became Illegal”). Marijuana should be legal everywhere in the world because, although it is highly addictive, marijuana is not as harmful as tobacco and alcohol, having a regulated market for it would reduce the sale and use of it amongst people under the age of eighteen, and the government can save and make money off of it.