Reasons to Legalize and Regulate CannabisReasons to Legalize and Regulate Cannabis
The reasons for legalization and regulation are legion. First, legalizing marijuana will allow the government to monitor sales and prevent drug abuse. Second, regulating cannabis will help the industry stay out of the shadows. The illicit market is the largest in the country and brings in $50 billion in sales every year. Enforcement efforts related to a $50 billion market are proportional to the size of the illegal market. As such, a relatively small industry can slack off the level of law enforcement required by larger markets.
Fourth, legalizing cannabis will help prevent underage consumption. Many studies have shown that cannabis has lower risk and harms than alcohol and other substances. It is also much safer than many medications and alcohol. Prohibition is a waste of public resources, and legalizing cannabis will generate much needed revenue. According to one study, states will earn as much as $6.8 billion from excise taxes on cannabis. Furthermore, arresting and prosecuting people for using cannabis prevents police officers from focusing on the most dangerous crimes.
Finally, cannabis is much safer than alcohol. It is much less addictive and less toxic to the body. It is also far less likely to cause violent behavior, so it is much better for the community. Taxing cannabis would not only help the environment, but it would also protect the public’s health. It’s not a good idea to punish adult users for choosing a safer product. Nonetheless, these concerns are reasonable.
The current criminalization of marijuana has not only increased drug abuse, but also contributed to massive levels of violence and corruption. As such, marijuana legalization is a necessary step in establishing a legal and legitimate cannabis industry. The legalization of cannabis will help create jobs in the formal economy and curb the illicit market. In addition, the law will also prevent aggressive marketing, limiting commercial advertisements to basic information on the chemical composition and prices of marijuana. This, however, would be difficult due to Supreme Court precedents on commercial speech.
If marijuana is legal, people will be able to access it freely. There will be few restrictions on its use. As long as it is safe, it will remain illegal for most users. In addition to being a felony, cannabis is illegal for those who use it recreationally. Its usage is illegal for those who are not in control. A high level of crime is detrimental to society. The federal government should not impose a prohibition on marijuana.
In addition to the social costs, legalization is a realistic alternative to prohibition. A legal cannabis market would be regulated in order to maintain its integrity. In addition, the laws would restrict marijuana sales and require adult license holders to purchase cannabis. Additionally, it would be subject to state and local sales taxes and a reasonable excise tax. So, it would be a fair and balanced system for the benefit of the public. timbrorganics.com
The price of marijuana products will drop. With legalization, marijuana will become more competitive and its price will likely fall. While this is bad for tax revenue and for marijuana companies seeking to maximize profits, this will be beneficial for medical cannabis consumers. In the end, the legalization of marijuana will be beneficial for both sides. So, the decision to legalize and regulate cannabis is the right thing to do. If legalization is the right choice, it is a win-win situation for everyone.
In the long run, legalizing cannabis will help the economy of states. It employs nearly two million full-time jobs, which is four times more than the coal industry, and is the same number as the number of jobs lost by the 18th Amendment. If legalized, it will reduce crime. But the illegal trade will continue to grow. The government should allow states to legalize cannabis. Unlike alcohol, the market will have no profit incentive. delta8galaxy
There are many positive factors for legalizing cannabis. It will increase public health. The first and most obvious reason is that legalizing marijuana will decrease medical marijuana-related illnesses. After the legalization of marijuana in Colorado, hospitalizations and emergency room visits increased by 30%. This increases the likelihood of a drug-related death. It will also lead to a higher quality of life. Despite the controversies, the fact that recreational marijuana is legal in the United States will benefit the general public.