There are many political groups and religious group that ague against the legalization of marijuana. They state that there are no benefits in legalizing the drugs but researches and economist disagree with that report. There are many benefits in the legalization. The first one is the enormous affect that it could have on the economy growth of the United States. A Harvard University professor of economic Jeffrey Miron , has crunched the numbers and he’s determined that legalizing marijuana would save $7.7 billion annually in money spent on enforcing dope laws. (www.1st marijuanagrowerspage.com) and if the fed taxed marijuana at the rate comparable to cigarettes and boozes, another 6.2 billion would come rolling in and the states could use that for the improvement of education along with building new highways and other economic development.(Joe Klein)
Let’s address some of the other benefits that can be gained from the legalization of marijuana. Legalizing Marijuana would create a new multi- billion dollar industry in the United States with substances that can be taxed by the government thereby generating more money to fund government programs and create more government jobs.(Joshua Saldevar) The processing of the marijuana could also lead to million in job; you would need people to work in the warehouse where they process the drug also this would lead to other jobs for people in marketing, packing, truck drivers, agriculture, and advertising just to name a few.
Could marijuana be the answer to the economic misery facing California? Democratic state assemblyman Tom Ammiano thinks so. Ammiano introduced legislation last month that would legalize pot and allow the state to regulate and tax its sale- a move that could mean billions of dollars for the cash strapped state. (www.time.com)
Marijuana is California biggest cash crop, responsible for $14 billion a year in sales, dwarfing the state’s second largest