How Does Legalizing Marijuana Affect The Economy

Activists for the legalization of marijuana argue that the legalization for it would help decrease violence on drugs and boost the economy by people shifting from illegal to legal. Legalization would fuel the economy because it would help the United States get out of debt by taxing marijuana, which we can make millions out of. Much of the money is used to enforce anti-drugs laws and imprisoning prisoners. It should be put to much better use, such as educate the youth with better programs which will prevent young adults from taking drugs .According to “Legalizing can reduce. Increase state revenue”, legalizing the recreational use of it will decrease enforcement expenses, increase in tax revenue, and decrease the unemployment rate, because more jobs such as marijuana-related jobs will be available. Drugs can be obtained legally, people will have no need to make deals with the dangerous dealers by reducing crime.

Legalizing marijuana has always been an interesting topic for many people to dispute about. Some people say it is good, while others say it is bad. No matter what topic you speak about, it has its pros and cons. For example, marijuana can be used in great ways if legalized. Through money given from dispensaries to the crime rate lowered because of the ability to acquire marijuana in legal ways. Some bad examples are that it can be a gateway drug and can cause one to want a “better high” to people thinking it affects people's lives. Legalizing marijuana (medical and recreational) will help the United States with money, crime, and other numerous ways.

The United States has, in some states, legalized the use of marijuana. Studies done have shown that it helps the state economies grow, and has given the states millions of dollars in tax revenue. So imagine the money that would be saved if marijuana were legalized in the whole country. The United States would benefit from a stronger economy, increased jobs, reduced prison costs, lower medicinal marijuana prices, and the availability of medical marijuana to the people who need it.

Marijuana, 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. There have been numerous studies as well extensive hours of research done by scientist proving the benefits of medical marijuana; some of these are relief of chronic pain, nausea and a full array of other ailments. Legalizing marijuana will also help to create jobs and stimulate the economy. The benefits of legalizing marijuana far outweigh the disadvantages. By allowing people to possess and use marijuana for medicinal purposes, it will follow that society will improve as a whole because it will increase the happiness or utility of a majority of the population.

The legalization of marijuana is going to be beneficial to all in the U.S. because they will either be affected directly or indirectly from it. One reason why we should legalize marijuana is to help stop the Drug Cartels from illegally importing marijuana to this country and making millions every year from it, all of our currency is being exported out without being counted, which again is illegal. Legalizing marijuana will also benefit people with certain medical problems; in a way you can save lives if you legalize it. Now a day we all know how bad our National Debt is; if you legalize marijuana you can help with the debt by taxing on marijuana. Legalizing marijuana can benefit everyone in America.

Marijuana is a naturally grown plant that has beneficial properties and the ability to create textiles, paper products, and other goods. Marijuana is currently illegal in many states in the United States. The legalization of Marijuana will produce enormous tax revenue, reduce crime, give us a renewable resource, and give sick and suffering patients a new effective medicine. The legalization of Marijuana in the United States would both benefit the well-being of its citizens as well the economy.

The legalization of marijuana will bring in much needed revenue to the US economy through tax revenue, the creation of jobs, decrease in the number of those incarcerated for marijuana possession, and help treat various health conditions that would otherwise cause an enormous amount of pain. Although marijuana is often looked down upon as a Schedule I illegal drug, this medicinal plant has been around for more than a decade and has been used for more than the "get high" purpose. Marijuana is non-toxic compared to multiple types of medications now on the market and it has never caused an over dose. It is also less expensive, if legalized than most of the overly priced medications provided by

In the year 2014 52% of Americans said Marijuana should be legalized, which is the highest it has ever been. Weed is on the incline, so it would make sense if the government legalized it, “Today, a total of 23 states have legalized marijuana for medical purposes and four states, as well as the District of Columbia, have legalized recreational marijuana. By 2020, at least 14 more states are expected to legalize marijuana for recreational purposes,” (Matt Ferner). More and more states are supposed to be legalizing Marijuana for recreational purposes, so there should not be a reason to not legalize it across America. It would not only help the states financially, but it would help the country as a

Marijuana legalization has been a topic of interest for many years in this country. How to regulate it? Tax it? Where it can be used? By whom? How old? Who can sell it? Federally legal or locally legal? The penalties involving it? All of those are questions that have been debated about and fought over in courts of law. Hundreds of thousands of Americans have been jailed for minor crimes involving Marijuana. It has many proven benefits both economically and medically. The times are changing and prohibition against marijuana is starting to fade away. Although still illegal federally, it is now fully legal in eight different states, and medically legal in thirty! This is great progress, but still isn’t enough. Marijuana will soon be legalized. There is plenty of benefits and I am fully for the legalization of marijuana nationwide.

The dispute over the legalization of cannabis sativa, more commonly known as marijuana, is one of the most controversial issues ever to take place in the United States. Its use as a medicine has existed for thousands of years in many countries across the globe. Legalization should be considered despite efforts made by groups who say marijuana is a harmful drug that will increase crime rates and lead users to other more dangerous substances. The legalization of marijuana can improve our society by helping with our economy, freeing legal resources, and benefiting the overall health of the nation though medical uses.

Legal cannabis can benefit the U.S in many ways but most importantly is the financial support this plant could provide.According to MerryJane.com in 2016 If all states legalized marijuana it would generate an estimated $28 billion dollars in tax revenue. That’s $28 billion that would be reinvested in programs such as medicare,medicaid and social security. Not only will cannabis drive down pharmaceutical premiums for many cancer patients it will also generate money to be put into healthcare and retirement plans creating a stronger more financially sound America. In addition to this, Legalizing Marijuana in all states would create jobs all over the country from legal Growers to front desk “Budtenders”.America can legalize a plant that would create economic growth and jobs but they choose to keep overcharging people for outdated pharmaceutical prescriptions and letting those big companies affect elections and influence politicians.Forbes writer Debra Borchardt states that The legal cannabis market was worth an estimated $7.2 billion in 2016 and is projected to grow at a compound annual rate of

Marijuana has always been a big deal in society, ever since it has become known as a street drug. In the current year of 2016, not only citizens abuse marijuana, Celebrities, professional athletes, and college students all abuse the substance for its benefits. We are becoming more aware how recently this year that marijuana has been legalized in ten countries and twenty five states in the United States of America. That is one half of our country that is able to use this substance. By legalizing marijuana we as in the country can reduce harm, save families, save money, and most importantly save lives.

“Individuals have the right to live their lives in any way they choose as long as they do not violate the equal rights of others” stated by David Boaz on drug use and the constitution(Boaz,). Marijuana along with other illegal drugs are all components which are considered to be victimless crimes and are one of the top investments law enforcements make on fighting. Victimless crimes overall are more potential to hurting the economy and society as a whole by keeping them illegal then if they were legal. The reason for this is due to the fact that there is no unwilling participant and the real reason these acts are illegal is due to an external psychic cost. People in the society do not want to see these acts being committed even though

Marijuana has several medicinal benefits. For example, it assist with problems associated to muscle spasms, chronic pain, nausea, weight loss and much more. With the legalization of marijuana more people would have access to experimenting with it to see if it helps their medical issues. This will also decrease the amount of drug related crimes by 52% allowing a greater focus on other more dangerous drug crimes (American Civil Liberties Union, n.d.) On the other hand, negative consequences include breathing difficulties, increased heart rate, psychological dependency, reduced immune system, and much more. Personally, I feel that it is our responsibly as a society to educated individuals on the

If one were told that the United States had all of the answers to their economic issues growing within their country wouldn’t people take advantage of it? Even if the solution was currently considered as an illegal substance. George Shaw stated, “If history repeats itself, and the unexpected always happens, how incapable must Man be of learning from experience. Mr. Shaw’s wisdom particularly applies to the current debate on the legalization of cannabis, and if it should be legal state or nationwide. The present-day prohibition on marijuana is not any different than the past prohibition on alcohol in the roaring 20’s. The legalization of marijuana, similar to alcohol not only means more money for the government, but also more revenue, jobs, and savings. The debate can be tough to follow with all of the political jargon. Americans must keep in mind that is substantial to find a solution to the lingering question, should marijuana be legalized? It is vital for the United States to end the expensive and uneconomical prohibition. Besides the infinite reasons for legalization such as ending panic over drugs, lowering crime rate and ending drug-related pollution there is one clear motive for legalization, the money.