Topic: Is legalized marijuana good for the economy?? US Citizens might talk here.. (Read 599 times)

Well.. if you legalize marijuana, the following things are going to happen:

1. Mexican drug cartels will lose a large part of their revenue
2. Street crime will witness a decline
3. Sales of hard drugs will drop
4. The quality of weed will get higher
5. A large number of people will be legally employed

All these things are good for the economy.

the government banned the trade of marijuana because it certainly has strong reasons, imagine if marijuana was legalized there would be many dependents and many diseases that would arise, it resulted in swelling in health insurance. means that the tax burden will increase, I am more agreeing to the current trade war, because even though there is a negative impact but it can be tolerated, at least not to damage the next generation, because I'm sure marijuana will not only damage the health but also the mentality of its users

This is not a good idea because legalization of marijuana are not good for everyone especially for teenagers who already abused themselves from illegal drugs. There are only few people who needed marijuana because it is a herbal medicine but it doesn't mean it should be literally be legalized even you can make millions with it.

but there is one country that legalizes it, they think rather than spread throughout the city, it is centralized in one city. with supervision and compliance obeying the rules I think that is better

are you crazy? legalization of drugs will only make the younger generation destroyed, imagine when marijuana is legalized, how easy is someone to get that drugs? of course there will be many deviations in use, in a few years the country will be destroyed when drugs are legalized

Well its good point, its good for economy cause its just like make a new sector of industry and seems like the industry will going very well cause i believe so many people are love this type of drug and make them legal just make a new revenue for the goverment.

The US Citizen needs to talk about if they want to legalize marijuana or not, not the economy part. I mean I understand when you legalize there is a given boost to economy and there are weed companies that already made billions of dollars in valuation and a lot of money in sales but in reality the economy is so big that just couple states wouldn't change a thing.

You need to make it all states in order to give a real boost to economy. On top of that people do not vote for these types of decision based on if the economy will benefit from it or not, they vote based on if they want to use it, let people use it, or against others using it. So if a state says "yes legalize it" it doesn't mean "it will be good for economy" it would mean "I want some weed and no problem with cops".

Legalization of a drug that could actually help people is a good thing. Abusing it for recreation is another thing. But legalizing planting, processing, selling and using prescribed cannabis is way better than letting people have alcohol and be dependent on it. I mean i haven't seen a marijuana addict or died directly because of marijuana.

Definitely it will but it must be regulated and should not be available to all individuals who will just use the thing out of curiosity. The herb is actually has a lots of benefits to individual who some health problems but we know also that it could be dangerous when it will be abused.

This is a good decision. I do not think marijuana is more harmful than alcohol; moreover, many scientists have proven that it is useful for people with alzheimer's disease, epiliptic seizures, anorexia and sclerosis in medical doses. So why don't states start making money on this. I do not understand.

Why wouldn't it be? For years in history americans and whole world has been fighting against weed and yet people are still using it everywhere in the whole world. Now governments have two options ahead of them, one option is to keep it illegal and spend tons of money to "protect" people from weed users and sellers and try to capture and prison everyone who distribute it which costs insane amount of money and people still smoke weed and even die because they get some bad stuff.

The second option however is let it be and just legalize it and make sure health and safety checks the products on the legal places, this way you both make money and eliminate the bad products that kill people.

Everything that was illegally traded before and then the government legalizes the goods will give a good economic impact, each person will easily buy these items without having to worry about the risks that will be faced. Yep, marijuana is one of the items that are illegal in some countries, but now there are some countries who have legalized marijuana like the United States. Surely the price of marijuana will rise drastically if one government legalizes the use of marijuana, even more, it cost will rise to 100% before being legalized. And this will provide many benefits to the government and help the income of a country.

Above is an impact on a country's economic sector, but on the other hand there are some negative impacts that will be caused. If the price of marijuana rises drastically, there will be many people who have been addicted and they are very dependent on marijuana, but they don't have the money to buy it, so they will look for alternatives to marijuana, which have very dangerous health effects on users. cheap cost compared to marijuana.

This happened to my country, before the government had legalized bouse and made the price of bouse per bottle rise by 5 times. So as every drinking addict who doesn't have the money to buy it, they look for another alternative to replace it. Then there are some people who make things as an opportunity, they make an alcoholic drink that was very inappropriate to drink by humans like they made the drink from a mixture of gasoline and alcohol and were sold at very low prices and make many drink addicts buy it.

Each thing will have an impact, be it positive impact or negative impact.

I think it doesn't matter, as long as for positive interests and the circulation is limited and monitored, because marijuana can be a positive and negative commodity.

Its very good for the economy, if we are being specific. Medicinal Marijuana can bring in millions if not billions of dollars annually if properly managed and properly produced as a finished product. The medical advantages of this plant are plenty but let just throw in some statistics on the financial aspects and job creation:
Legalizing marijuana on the federal level could result in an additional $105.6 billion between 2017 and 2025, according to a new report from the cannabis analytics firm New Frontier. That figure includes projections for business tax revenues, payroll withholdings, and a 15% sales tax. Meanwhile, fully legalizing cannabis today would add 654,000 jobs and up to 1 million jobs by 2025.

I disagree, I know some types of drugs can be used for certain things, but not for public consumption right?
because in my opinion, legalization means the government allows anyone to use it, I think many people will abuse it...

I completely agree with what The Pharmacist said.


Even without considering whether or not legalising marijuana is really going to benefit the economy, I believe in the freedom of choice that people has when it comes to these substances. It does not cause any harm to the general community, and even if it was illegal, it's simply a futile thing to regulate as people are going to continue to cultivate and smoke the substance regardless of its legality.

Coming back to the economic impacts, there could definitely be tax revenue made from legalising marijuana, with less taxpayer money spent on trying to police the consumption of it (which is absolutely ridiculous imo). Also when you take into account that marijuana is probably less addictive than tobacco and perhaps even alcohol, it's more the reason to do it.

I do not refuse but do not agree that marijuana is legalized.

In my opinion it can damage the order of life that has been running because children from childhood are familiar with the cannabis environment, regardless of consuming or not. They can also be couriers or sellers with big profits making it forget the danger for everyone. Because they are forbidden to remain brave, let alone legalized more crazy

even young children understand if marijuana is harmful to health, then what is the reason to legalize marijuana? except for medical

Only drug addict are favor on this one,not because government will gain taxes on this illegal drug meaning they will accept it,no matter how much they will spend the important thing is they will continue the fight against this,and you didnt mention the damage that may cost when drug addiction becomes rampant because of legalization of this one.marijuana can be use as medicine for thos specific cases and thats the only thing this might possibly allowed by laws

We know what are the positive and negative effects. Marijuana in some countries are legal. We know how marijuana affects our own economy, but there are positive effects also. We know what will be the cause and effect of legalizing drugs.