Marijuana May Fund Your Future

Marijuana May Fund Your Future

marijuana law

What should you pay for: legalization or prohibition?

There are only four states with completely legalized weed―Colorado, Washington, Oregon and Alaska. Cannabis use also is legal in the District of Columbia. About 25 states have legal medical cannabis and/or decriminalized recreational marijuana. The rest of the states continue to prohibit both medical and recreational cannabis. And it costs them a lot of money.

According to a report from Jeffrey A. Miron, a visiting professor of Economics at Harvard University, ten years ago marijuana prohibition cost the national budget over $7 billion. This sum consists of a number of the government expenditures, including expenses of keeping marijuana sellers and possessors in jail.

Furthermore, about 49,5 percent of people arrested for substance abuse were actually arrested for cannabis-related crimes. And since the jails are funded with taxpayers money, it means that you pay for banning cannabis, whether you want it to be illegal or not.

Marijuana legalization, however, lets the authorities (both federal and local) use taxpayers’ money for the better purposes, including medical care, educational programs, etc. Moreover, if marijuana is legal at the federal level, it may give the nation a double advantage: save the money that would be spent within the marijuana prohibition program, and bring tax revenue from selling cannabis.

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