Legalization of Marijuana
Early in 1930, marijuana was made illegal by the pulp paper industry in collaboration with the government and renamed it the "Devil's Weed." One thing is for sure, the strangling holds the government struggles and pretends to hold on the war on drugs specifically marijuana is irrational. The government has wasted countless dollars convicting law-abiding citizens just for possessing and using marijuana. The wastage is also related to the withholding of the medical benefits of the plant. Besides, it has missed numerous amounts of money if only they would regulate it like cannabis and tobacco; then they would gain (Van Ours, 2006).
For economic research, the legalization of marijuana seems to be a very unconventional theme, but with the current economic crisis, conventional problems will require unconventional solutions. In most western countries, marijuana usage, trade, and possession are criminal activities, and that is why empirical data on this topic is scarce. Globally, there is a growing support to legalize marijuana by countries like Denmark, Italy, and the United Kingdom. On 25 March 2015, Maine, Rhode Island, Vermont, Massachusetts, and Connecticut are the five states looking to legalize marijuana. In Colorado for example, they became the world's first state to license marijuana...
Legalizing Marijuana It costs significant money for governments to catch buyers and dealers of drugs in the black market, arrest them, file cases against them, and then keep them in jail. Hence, the war on drugs is a long, risky, expensive undertaking. (Boylstein, 2003) This spending is considerably high when talking about the drug marijuana, as it is one amongst largely consumed drugs as it does not cause much harm to
Marijuana users are accustomed to consuming the substance even with the fact that they risk greatly from the act. "Few people claim that they would change the amount they used if marijuana were legalized (Johnston, Bachman, & O'Malley, 1981). A poll of 1,400 adults found that over 80% claimed that they would not try the drug even if it were legal (Dennis, 1990)" (Earleywine 232). Numerous people who have
Legalizing Marijuana in Florida The dividing lines have been drawn once again in the state of Florida with a controversial issue being put forth in the limelight. There is an initiative in the State Legislature to introduce a bill that will decriminalized and legalized the prescription and use of marijuana for medicinal purposes. Led by Florida Rep. Jeff Clemens, D-Lake Worth, who "is introducing a bill that would put legalizing marijuana
Legalize Marijuana Legalizing marijuana In this era of spiraling medical costs, if there is a product that has never caused any deaths, has proven benefits, and is inexpensive, it should not only be legal, but should be aggressively pursued by governmental agencies to aid in the health care crisis. Would you be interested in a substance that could alleviate nausea and vomiting for most cancer and chemotherapy patients? How about a way
Miron (qtd in Lazarus 2006) calculated that the legalization of marijuana could yield around $2.4 billion annually, if the substance is taxed at the level of most goods. The revenues could rise to $6.2 billion annually, if marijuana is taxed on the same level as cigarettes and alcohol. Because of the potential economic windfall that could come as a result of repealing this "bad public policy," more than 500 economists
On the other hand, marijuana is still perceived as an addictive substance under the Controlled Substances Act of 1970. It has been historically linked as a gateway drug to more serious substance abuse such as meth, heroin, or cocaine. The U.S. Drug Enforcement Administration says that marijuana is the most widely used and abused illicit drug in the nation among both youth and adults; in fact 42% of high school
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