For many years, the debate of whether marijuana should be made legal or not has been going on. In this piece of information, we will be accessing marijuana pros and cons so that the real truth can come out.
THC, the active ingredient in marijuana, has the ability to reduce nausea and vomiting besides alleviating pre-treatment anxiety. Moreover, marijuana helps in improving appetite of patients afflicted with AIDS-related wasting. The drug is also useful in reducing muscle spasms and relieving depression in pain associated with multiple sclerosis. These are just some of the marijuana pros that are well-supported and documented by some of the world’s most reputed agencies and scientists.
According to Jeffrey A. Miron, senior lecturer on economics at Harvard University and a senior fellow at Cato, and Katherine Waldock, professor of economics at New York University, legalizing drugs like marijuana would save the government approximately $41.3 billion annually on expenditures related to the enforcement of prohibition. It was also revealed that legalization of marijuana would alone help in saving $8.7 billion and these funds could then be used for translating into higher tax revenues generated by the sale of these newly-legalized products in the open commercial marketplace.
“Legalization would reduce state and federal deficits by eliminating expenditure on prohibition enforcement — arrests, prosecutions, and incarceration — and by allowing governments to collect tax revenue on legalized sales,” Miron and Waldock wrote. “First, legalization eliminates arrests for drug trafficking in addition to arrests for simple possession,” Miron and Waldock said. “Second, legalization saves prosecutorial, judicial, and incarceration expenses — these savings are minimal in the case of decriminalization. Third, legalization allows taxation of drug production and sale.”
This is primarily because prohibition of marijuana doesn’t work and can only spawn an enormous black market, erode civil rights, and corrupt the justice system. It is worthwhile to note that while the USA spends approximately $10 billion dollars a year to keep Marijuana off the street, the State of California generates revenue of 14 billion annually with production of legalized medicinal Marijuana.
“By keeping marijuana illegal, we’ve allowed some very dangerous and violent people to make a lot of money,” according to Mike Meno, director of communications, Marijuana Policy Project, a legalization advocacy group in Washington DC. “Mexican drug cartels, which are gaining power, currently generate about 60 percent of their revenue by selling marijuana in the U.S, giving them a virtual monopoly on this very lucrative trade,” he said. He added, “Our group advocates the regulation and taxation of marijuana, the same way we do with alcohol” he said. “The Dutch have largely decriminalized marijuana, but the sale and large-scale production of the drug for the most part remains illegal.”
Cons Of Legalizing Marijuana/ Why marijuana should not be legalized
Some people are reluctant to accept the usefulness of marijuana for reasons best known to them. These reasons, which are not supported by reasonable justifications, have stood firm but more people are starting to be educated on medical marijuana. They believe that legalizing marijuana would be like legalizing something considered to be a death sentence but they have no issues with alcohol and nicotine consumption even though it kills people and is way more addictive than marijuana.