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Marijuana Essay

1521 words - 7 pages

Should Marijuana be legalized?

With accordance with the federal Controlled Substance Act marijuana is considered to have a high potential for abuse, no currently accepted medical use and a lack of accepted safety. In this hectic and fast pace life that most of us have to wake up to, we venture off to the beach, vacations, or a well shaded corner in the park to a find a moment of clarity and comfort to for a second be able to not think about the everyday stress of life. For some they find that in marijuana, others smoke it from health reason because they suffer from Multiple Sclerosis, cancer, AIDS. This controversial issue of legalizing marijuana has been on forefront of American debate ...view middle of the document...

Iowa which is facing a budget deficit of over $600 million and a high unemployment rate are weighting the option if the legalization, regulation, and taxation of marijuana could help solve the economic hole the state is facing “Iowa is struggling to find the resources to pay for its programs to assist people who are victims of domestic violence or sexual assaults” (). According to Harvard economist Jeffrey Miron he estimated that “legalization could be expected to bring state and federal governments about $7 Billion in additional revenue”(). Annually marijuana is $13 Billion dollar market if controlled and managed correctly can be beneficial to the smokers and the economy. Beside the point the amount of money it would generate from taxes legalizing it would create thousands of new jobs in the packing, agriculture sectors companies growing and shipping of Marijuana, also in the business sectors for example marketing and advertising.
California is one of the hardest states hit by the economic downturn. California’s situation has gotten to the point where the government has been force to issue over “$1 Billion in IOU’s to vendors” () because of their budget deficit which has caused them to cut back severely on spending and service forcing them to have massive layoffs alongside the raising numbers of foreclosures, furthermore to the point where the school system is operating only four days a week. “Marijuana California's biggest cash crop, responsible for $14 billion a year in sales, dwarfing the state's second largest agricultural commodity milk and cream which brings in $7.3 billion a year, according to the most recent USDA statistics”() the state has estimated they if tax marijuana would bring the them over $1.4 billion in most needed revenue. The issue has gained arsenal with Governor Arnold Schwarzenegger calling an open debate on the matter and Senator Tom Ammiano has bought legislation before the state government which calls for legalization of marijuana allowing the state to tax and regulate the sales. If California were to successfully become the first state to legalize marijuana I believe it will give a chance to show the business side of this bill, they can be the first one to safely show a diligent way of allocating the marijuana and down the same road change people’s perceptions on the idea. Theirs around 700 medical marijuana dispensaries in California all open and ready for business. “Estimated 300,000 t0 400,000 medical marijuana patients in the state”() and this figure is continuing to grow at a brisk rate.
A study carried on by Professor Jeffrey Miron of Harvard University in June 2005 reported that legalizing marijuana “would save $ 7.7 billion per year in government expenditure on enforcement of prohibition”() but more resent reports have had said to save up to “$10.7 billion”() if criminal justice procedure were cut out with marijuana arrest. This so called War on Drugs is causing the United States immense amount of money...

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