Should Marijuana Be Legalized?

Both medicinal and recreational uses of cannabis have been considered for legalisation, however is there a gap within the economy for it? Both recreational and medicinal use of marijuana should be legalised within Australia, as it will boost the economy and generate a new source of revenue. Even though it is frowned upon in modern society, personal bias must be extracted and look at the benefits from a monetary value. According to the Institute for Economic and Research, up to £900m could be raised annually through taxation of regulated cannabis market within the UK. Meanwhile the UK is currently spending £361 million every year on policing and treating users of illegally traded and consumed cannabis. Then, there is the job creation potential. In Colorado, which legalised marijuana at the beginning of 2014, 10,000 new jobs have been created for the marijuana industry: growing and harvesting crops, working in dispensaries, and even making and selling equipment. Crime has also fallen in the state: in the first three months after legalisation in Denver, the city experienced a 14.6 % drop in crime and specifically violent crime is down 2.4 %. Assaults were down by 3.7%. This reduction led to further savings and allowing stretched police forces to concentrate on more serious issues. Additionally, by removing criminal penalties for certain marijuana-related offenses, thousands of individuals will avoid the collateral consequences associated with a criminal record. The state is estimated to potentially save $12-40 million over the span of a year simply by ending arrests for marijuana possession. The government and legal system will benefit from this as the money used to prosecute marijuana offenders will be saved and possibly be invested into; infrastructure, health system or education system

Legalizing marijuana is a concept that can potentially benefit the public as well as the local economies. There has been a nationwide debate on whether marijuana should be legalized or not. The major consensus is that marijuana is not only bad for one’s health, but it is also dangerous to the community. These allegations are not true. Marijuana actually has health benefits that most people overlook. The following essay will address these health benefits in an attempt to present this concept in a way that the audience can better understand how legalizing marijuana can beneficial to an individual health, how it can give an increase to the economy.

This paper will look at the benefits and drawbacks to legalizing marijuana by looking in at Colorado.The state made forty million dollars by taxed marijuana in 2014 alone, also Colorado saved countless millions because of the extremely lower amounts of marijuana arrest and court cases. It is not clear how having new recreational marijuana stores opening will affect the cannabis market, or businesses expanding around them. Gov. John Hickenlooper says that the economy is thriving with record setting numbers of tourists (73.1 million). 49 percent of those tourist said that legal marijuana influenced their decisions to vacation in Colorado. The ER’s in Colorado have also seen a rise in numbers of marijuana related cases and those cases in non-residents have almost doubled. An unexpected situation that arose from legal cannabis was the amount of electricity that is being use to grow the drug. Some cannabusinesses have to go green with solar or wind power. There are many varying views on the effects of legal marijuana have developed in Colorado since marijuana became legal in 2014.

the marijuana accordingly to help stimulate the economy. “If you made it licit, and taxed it, the

In the United States, twenty-one states have no laws on legal marijuana use, even for medicinal marijuana. Another twenty-one have legalized marijuana for medical use only. As for the other eight, those states have legalized the use marijuana for medicinal and recreational. The states that have fully legalized marijuana have seen a boost in the economy due to taxes from marijuana sales. Along with helping the economy, marijuana is proven to provide medical aid for illnesses, such as cancer and Parkinson’s Disease. The legalization of marijuana for medicinal and recreational use will be a benefit to society.

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.

Legalizing and regulation marijuana can bring cash crop under the criminal justice law, bring in jobs, medical use, and overall create economic opportunities to The United States of America.

The legalization of marijuana has been a topic of debate for many years. This may be because of the cultural diversity that the United States of America is known for. Recently, bills were passed in Colorado and Washington to implement the legalization and regulation of recreational marijuana use. These events along with the ever growing popularity of the drug in society, media, and entertainment are proving to be more than anti-marijuana advocates can handle. In this paper, I explore the financial, social, medical, and political benefits of legalizing marijuana.

Need a quick fix to the current economic crisis? How about opening thousands of marijuana dispensaries, supplying tens of thousands of Americans with jobs, and bringing in billions of tax dollars to the government. Is marijuana a threat to our society and our youth? Or is it a plant, capable of easing the pain of the sick, inhibit the growth of cancer cells, rejuvenating the weary, and bringing ease to our stressful lives. The war on drugs has been a failure and it affects us all! The current cost of the war on drugs is 51 billion dollars annually and not only has marijuana use risen but it has become cheaper and easier to get. A recent survey conducted by the Pew Research Center stated that 48% of adults in America have tried marijuana and 40% had done so in the past three years. Legalizing marijuana would benefit the country in many ways.

As of 2012 Canada’s national debt has reached over $1.2 trillion dollars (Lammam et al, 2014). The state of our countries financial situation is as important to one Canadian as it is the next. Whether a person is retiring, applying for a mortgage or a student loan the Canadian economy affects everyone. Legalizing marijuana in Canada opens the door to a boost in taxation dollars that the Canadian economy and country as a whole could utilize. If, for example, marijuana was taxed like tobacco, there would be increased revenue from federal and provincial taxes as well as HST (Latif, 2014). Not only would the legal sale of marijuana boost the economy, but the jobs that would be created in the process would also have a positive effect. Canada currently has an unemployment rate of 8.1% nationally, with rates even higher in some provinces (Sen & Pierard, 2011). The legal sale and distribution of marijuana would create jobs in the transportation, growing and processing sectors but also areas such as marketing, advertising and serving. Marijuana users would contribute economically by purchasing the product and paying taxes. Not only users, but new businesses would also add to the Canadian economy including workers who run these businesses by paying taxes on their pay checks. Legalizing marijuana creates a new supply-demand market that the Canadian government could

This increased government revenue could be seen as a major advantage in legalising marijuana where revenue could be used for increase expenditure in defence, education and health.

Marijuana’s market place not only is becoming considerably bigger every day ,but also it is opening the way to other cannabis business related. For example, the video showed some entrepreneurs who wanted to build a chain of pot called “WeGrow” in California and in other 15 states which adopted the medical marijuana laws in the recent years.

Marijuana is the cause of much commotion and debating, as the question of legalization becomes more of an issue. Drugs are a major influential force in countries all over the world today. Legalization is an option that has not had a chance, but really should be given one. Although many people feel that legalizing marijuana would increase the amount of drug use, legalization would benefit for the following reasons: 1)reduction of money spent on law enforcement 2)increase in the countries revenue 3)lessen crime 4)useful in treating certain medical conditions.

Legalizing marijuana has helped increase the USA income. Since the legalization there has been an "increase in total labor income by at least $3.5 billion," (The Economic Benefits of Legalizing Weed By Mrinalini Krishna). After the drug became legal Colorado collected over $135 million in fees and taxes on marijuana, both medical and recreational. 30% is how much sales grew, $6.7 billion, in 2016. "Sales in [Colorado] totaled over $996 million." (The Economic Benefits of Legalizing Weed By Mrinalini Krishna). Not only has income benefited the USA economy but it has also helped the workforce.

Today, buying and or selling marijuana for common use has become a major problem. This is mainly because marijuana as we know it has completely lost its purpose. It is no longer needed as a crop for making robe, paper or fiber. It is