Positives And Negatives Of The Legalization Of Marijuana

1137 Words Oct 1st, 2015 5 Pages
There has been major news forming around the legalization of marijuana in Colorado. Medical marijuana has been effective in Colorado since 2000. Now marijuana is legal for recreational use for people 21 and up. Many rules and regulations follow the legalization of marijuana. Many people of Colorado fear this legalization, where others are totally for it and think it will help boost Colorado’s economy. I have found many positives and negatives regarding the legalization of marijuana.

According to Sherry Robinson, a syndicated columnist with the Daily times, Colorado approved medical marijuana in 2000, and it 's now a $200 million industry that pays more than $5 million a year in state sales taxes. The state and cities are now salivating over potential revenues from recreational marijuana sales but must find the equilibrium between a "good tax" and one that drives cannabis sales underground. Now that Colorado has legalized marijuana for recreational use, it will boost the economy even more. A huge percentage of what is made will be going to the school system in Colorado. This will make a huge difference in the education system. This is a huge benefit that many parents and teachers are looking forward to. The legalization of marijuana will help create many jobs for Colorado residents also. People will be needed to grow and distribute marijuana.

The Colorado Department of Revenue released a report detailing the rules of how recreational marijuana should be licensed, regulated,…
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