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Topic: Can legalisation of Cannabis help US economy? - page 8. (Read 1328 times)

hero member
Activity: 2086
Merit: 603
September 07, 2020, 10:30:15 AM
#6
In my country where a 28 year old girl is under 24*7 surveillance by Narcotic Control Bureau (NCB, India)  who barely traded some 350 gm of cannabis for her bf and brother (also unproven). She is a Bollywood actress and already destroyed her career due to this act!

And here you are plotting complete masterplan to run the $75 billion economy of US by trading cannabis. Dam, thats nuts!  Cheesy

I dont know, may be things are very different in your country. But inhere people has got no chills! It can ruin everything for you.



Despite the general stuff, I believe there are few of the methods which are now used to extract and synthesise the chemicals Viz., delta-9-tetrahydrocannabinol and cannabidiol, potent chemical constituents responsible for the whole hallucination thing.

Well, this pathway is for medicinal purposes though.

But yeah, sure get some ideas here, $75 bn is huge amount to risk it all.  Tongue

The fact that I mentioned the second part is because they are already having scientific pathways to synthesis is and they are swiftly using it in pharmaceutical sector.

So the way you have mentioned everything in OP is for illegal use, may be you need different plan to set 75 bn plan.
legendary
Activity: 2422
Merit: 1232
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September 07, 2020, 10:23:12 AM
#5
Well, it could gradually help the economy of US if the legalization of cannabis would take place for a short run for the price it do could possibly have in the market. But if that would also happen, you would be taking into risk and putting into stake the health and mental issues of people who would manufacture cannabis because you cannot duly assure that once cannabis would be legalized is you can regulate the usage of it for many people would surely patronize it because coming from a categorized illegal doing is you will be allowing it to get legal, surely people using it for a long term are free now to use for they would not have any cases against law once such thing would be passed into congress.

Thinking of saving the economy using legalization of cannabis would just bring a negative impact once it have been done for a long run because you know why, there would be a big probability of income to come but the health of the people would be put into stake for many would surely get addicted whether you say that cannabis have been proven to have health benefits. Yes it do have but that was just a small percentage of the overall composition of cannabis that would be in need to get extracted for medical purposes. Legalizing cannabis would take negative consequences in the future just for wanting to save the economy and make use of legalizing cannabis as an exit point to solve the problem when it comes to finance.
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
September 07, 2020, 10:08:13 AM
#4
The title made me smile:

Quote
One cure for an ailing American economy: Legalize cannabis
Yeah, legalize it, smoke the shit out of it, and dream everything would be fine.

Quote
Incarceration for nonviolent drug crimes is often unjust. It creates long-term consequences throughout that person’s lifetime, namely the obvious challenge of getting a job and an average reduction of wage growth by about 30 percent for those who can find work.Nationally, police dedicate nearly $4 billion annually to enforce cannabis possession laws. Can we honestly say the staggering human and economic costs are worth it?

4 billion compared to a $966 billion deficit, lol, that will solve a lot.
So, incarceration hurts the job market but the author somehow forgets that they have a 10% unemployment, that those 4 billion are also spent on wages, when this money is not spent a lot of people will simply go unemployed and have to look for one, but when you're looking from the start to redact a biased article, of course, you will forget about it.

Quote
Local law enforcement has been transformed into a paramilitary force focused on arresting low-level users, with overwhelming racial disparity in possession arrests skewed toward people of color.

Yeah, elections are near let's throw some bs racial injustice stuff to gain a few voters. After the votes are in, let them solve their problems on their own.

Quote
Former Sen. Tom Daschle is one of the longest-serving Senate Democratic leaders in history and one of only two to serve twice as both majority and minority leader. In 2019, he joined the board of advisers for Clever Leaves, a multinational cannabis operator, to bring his experience in health care policy reform to the company’s expansion in the global medical cannabis market.

What a surprise!
Not against the whole cannabis thing, I don't give a damn if it's legal or not but when you start painting something as the savior of everything it's clear it's bullshit.
legendary
Activity: 3234
Merit: 5637
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September 07, 2020, 09:59:54 AM
#3
For an economy that measures its problems or needs in trillions of dollars, I personally think that $16 billion or even $75 billion would not represent any significant financial benefit. But legalization across the United States would certainly help reduce the crime rate associated with the illegal production and distribution of cannabis.

I don't know what Trump thinks about it, but neither what position does his opponent have - but if 40 states have legalized cannabis use, then the only question is why the rest don't do the same - obviously there are those who are conservative and have the view that legalization of drugs is not in the interest of their state.
copper member
Activity: 2856
Merit: 3071
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September 07, 2020, 09:51:14 AM
#2
It's a weird one based on the article. Also is cbd still legal (with a max of 0.1-0.5% thc)?

I think the police in the US are extremely overmilitarised, they may as well not be separate institutions from what I can tell based on the amount of legal favours the police have there.

Drug prohibition in general is just a way for most governments to prosecute the poor - if you're rich enough you're getting a drug dealer to come near your land: you're not meeting them in an alleyway somewhere. I think weed is much safer than cigsrretes too - and it smells nicer.

The $4bn budget as an argument doesn't sound much though, the US and UK spend about that funding weapons against isil (so they can fight their proxy war with Russia).
hero member
Activity: 2646
Merit: 686
September 07, 2020, 09:15:00 AM
#1
According to former Senator Tom Daschle legalising Cannabis can partially solve US economy’s problems in the short term, and it can even help to stabilise the US economy in the long run.

The Senator has further claimed that Cannabis is an $16 billion dollar industry, and it has the potential to become a $75 billion industry in the long run.

Also he’s acknowledged the fact that Cannabis is approved in 40 states, and if it’s legalised in all the states then it could create much needed jobs, and even the government can benefit from the taxes levied on it’s sale.

Last in my opinion whoever wins the upcoming election will not approve this idea instantly, but what do you’ll think can legalising Cannabis can actually help the US economy in the short term?.

Source:

https://thehill.com/opinion/healthcare/515299-one-cure-for-an-ailing-american-economy-legalize-cannabis
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