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Weed Legalization Benefits

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One of the main benefits that is obvious from legalization would be an increase in safe legal use of marijuana, instead of buying from sketchy dealers or in shady situations. Having a steady, regulated, and legal supply of weed at dispensaries increases the supply in the market, and by doing so would help increase demand for legal safe weed. This is a simple principle of supply and demand we can attach to the idea of weed legalization (Pic. 1). We saw a huge increase in supply during the first year or so in Colorado due to it becoming a major commodity according to Julie Verhage of Bloomberg (2015). When the market opened up for serious business to jump in on the already high demand the market exploded and prices plummeted on driving demand

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