Essay about Economics of Legalized Marijuana in Amsterdam

He also describes how the United States views as a voice and forceful supports of prohibitionist drug controls in international policymaking. In addition, in the United States the discussion on surrounding drug control policy is one of the most extremely disputed matters of our current eras. The author mentions in the article how the strictly enforced US prohibitionist drug was unable to control the Narcotic drugs which happened to create many negative and harmful consequences for the people in the world. The negative consequences that were created when they failed to control the narcotic drugs happened to increase the violence, government dishonesty, and public seizure; therefore, these consequences to the economy growing are very harmful and dangerous. Narcotic drugs have long preserved, which has impacted many people lives in the world. A main purpose of this article is about the unaffordable drug control normally employed by the United States. The United States has spent way too much money abroad and local just thinking that they will be able to decrease the level of illegal drugs; however, they happened to fail at

That’s an average of 440,000 people per year just for possession. With each possession charge there costs that go into arresting, prosecuting, and imprisoning the individual being charged. Multiply those costs by 440,000, and that is a staggering amount of money spent each year just on minor possession charges. There are arrests that happen for non-possession charges as well. These are typically violent crimes due to drug related disputes that break out during a drug deal. 4 states have legalized marijuana for recreational use, Colorado, Washington, Oregon, and Alaska. If all states legalized marijuana for recreational use they would produce an estimated $2.4 billion annually if marijuana were taxed like normal goods, and $6.2 billion annually if marijuana were taxed at the same rates we tax alcohol and tobacco (Miron). With legalizing marijuana, the government expenditure would decrease, and the overall tax revenue would increase. There are ways to even chip away at the unemployment rate if marijuana were legalized. With the legalization of marijuana, the estimated number of farmers employed to grow marijuana on their farms in a large quantity would be around 15,000 due to the amount of space needed to grow a substantial amount of marijuana (Caulkins). In addition to the 15,000 farmers, there would need to be workers to cultivate the plant, transport the plant

- Poverty, wars and social disorder in the drug-producing countries make farmers agree to grow these plants to make some money;

Another benefit accrued through legalizing marijuana would be a significant reduction in crime rates. Since Marijuana is currently illegal, it is sold on the streets country wide. Thousands purchase the drug from dealers, putting their lives and reputations at risk, simply because it is the only method to attain it. Both drug dealers and gangs fight to sell the drug in the street, causing their deaths and the deaths of innocent people. Legalizing the drug help decrease the street wars and gang violence by taking the “right” to sell out of the hands of dealers, and into the hands of the government. Since the drug will be legalized, it will be available in the same locations as cigarettes and alcohol, decreasing crime

The legalization of marijuana could possibly create annual tax revenue of 2.4 billion if taxed normally, and 6.2 billion if the government used similar tax rates that are currently used for alcohol and tobacco sales. (Miron, 2005)

The nation that we live in today proudly proclaims its perpetuation of freedom and democracy, and with these qualities it conveys supreme justice. The United States government and its constitution are regarded by many as the pinnacle of civil government, as the ultimate projection of civil justice. However, no government is perfect, for man himself is inherently imperfect. For over two centuries since its birth, The U.S. constitution, which many hold in such high esteem, has been continuously molded to fit our ever changing society. Many of these changes have been good and necessary, while others have caused unforeseen problems. Even in light of harm to society, however, the constitution and its

However the idea drug decriminalization or legalization will be beneficial to the United States as it is in the Netherlands, is not supported by evidence. In fact, the benefits of keeping marijuana and other illicit drugs illegal clearly outweigh the negative of legitimizing these substances. Both decriminalization and legalization of illicit drugs would increase their use, along with their associated health and social costs.

There always seems to be debate on whether the decriminalization of drugs would be of great public interest. It is a very important and controversial issue that has many people wondering if legalizing drugs would be a right move or not. In the article, “Decriminalization Would Increase The Use and The Economic and Social Costs of Drugs” by David Mineta, Mineta argues about why drugs should not be decriminalized and how keeping illicit drugs illegal outweigh the possible negative consequences of legalizing these substances. Mineta himself writes that, “Our position is simple and evidence-based: both decriminalization and legalization of illicit drugs would increase their use, along with their associated health and social costs” (Americas Quarterly). According to Mineta the decriminalization of drugs will only allow more people to become addicted causing more health and social costs because seen as they will be more widely used. (Americas Quarterly)

As shops for recreational and medical Marijuana open, more purchases of the product will be made which impacts the tax revenue. An example would be Colorado (a state that legalizes Marijuana) where “In 2015, Colorado collected more than $135 million in taxes and fee on medical and recreational marijuana” (Krishna, 2017). Arcview Market Research also predicts that “Sales in North America grew 30%, to $6.7 billion, in 2016, and is projected to increase to $20.1 billion by 2021”. The legalization of Marijuana will also provide many job opportunities since a variety of different jobs will be needed that relate to Marijuana. Investopedia.Com states “A RCG Economics and Marijuana Policy Group study on Nevada says that legalizing recreational marijuana in the state could support over 41,000 jobs till 2024 and generate over $1.7 billion in labor income. The ICF study estimates at least 81,000 additional direct, indirect, and induced jobs in California as a result of legalized marijuana sales. It also projects an increase in total labor income by at least $3.5 billion”. Another way legalizing Marijuana would impact the economy positively is that the government can save money spent on enforcing the law of Marijuana being illegal. Huffington post states “Inmates incarcerated on marijuana-related charges cost U.S. prisons $1 billion annually, according to a 2007 study, AlterNet reports.” and “The government would save an estimated $13.7 billion on prohibition enforcement costs and tax revenue by legalizing marijuana”.This low risk substance saves the economy a lot of money and support it

After so many years, America still finds itself fighting a well-known and highly demonized "enemy". The enemy is not terrorism. It's an "enemy" that many Americans have dealt with face to face. This enemy is illegal drugs, marijuana in particular. Marijuana is the most widely used and criminalized drug in the United States. This highly sought after resource yields a black market price tag that creates a street economy all its' own. This is Marijuana by itself, it and all the other illegal drugs together combine to form the third largest economy in the world. This is because the demand for illegal drugs is so high. There can be benefits to a legalized drug trade that is certain. The following paper will defend that some uses of

To explore the economic benefits of marijuana legalization we must first look at the amount of marijuana that is purchased by users. The White House Office of National Drug Policy reported that between 1988 and 1995, Americans spent about 7 billion dollars on the illegal substance, averaging about a billion dollars a year (Prislac, 2009). This means that annually there is a billion dollars out there that is subject to no sales tax. The national average for sales tax is 5%, so if you calculate the billion dollars being spent on marijuana, this means there is approximately 50 million dollars in sales tax that our government never gets

Source: Colorado Legislative Council. Tobacco Products Tax. 2016. Colorado Department of Revenue. Colorado Liquor Excise Tax Report. December 2015. Colorado Department of Revenue – Office of Research and Analysis. "The Economic Impact of Marijuana Legalization in Colorado." Marijuana Policy Group.

Marijuana is the familiar name for a raw drug made from the plant cannabis sativa. One of the active chemical in marijuana is tetrahydrocannabinal (THC); a stimulant it give users the pleasure effect of relaxation, known as a “high” or hallucinating when consumed too much either through oral or smoking. It is the mainstream drug and a blistering topic to our nation in this day and age. Legalizing marijuana is an ever-growing political and social battle making its way to the top of American controversial issues list. Marijuana is one of the prime adversaries on the outlook of America’s war on drugs. Numerous people crave this drug to be permissible and readily available similar to tobacco and alcohol. While it is mind-boggling that

There is no feasible way to completely abolish drug use in the United States. As with Prohibition of Alcohol in the earlier part of this century, the fight against drugs has backfired. The United States is spending billions of dollars a year to fight a war, which over the last 60 years, has shown that it cannot be won. So let’s use a little reverse psychology on the subject. What would happen if marijuana or other illegal drugs were legalized?

There are many resources involved in the market of soft drugs. Whether it be human resources or the plants itself. The use of cannabis products has been legalized ; every town has at least one "hash and coffee shop", and the possession of less than 30 grams is not prosecuted by the police. In spite of the liberalization of the use of soft drugs, trafficking in cannabis products is still forbidden. Which has a great rise in the demand of better foreign plants that people desire hence raising the cost of the desired plant. Besides the possession of hash, the possession by addicts of hard drugs (an amount less than ½