Legalization Of Marijuana In Maryland Essay

The Impact of Legalization of Marijuana in Maryland The legalization of medical marijuana has been very popular around the country, every year more and more states come closer to the adoption of medical marijuana. In 2016 fifteen preliminary licenses were issued, also fifteen growers and processors and 102 dispensaries. Surprisingly medical marijuana has been legal in Maryland since 2014. One the one hand the legalization of medical marijuana in Maryland can cause an economic growth in the state, but on the other hand, it can also deprive the economy.
Good news or bad news first, bad news? Well, there are some disadvantages of medical marijuana economically. One disadvantage of medical marijuana is the price. One ounce of marijuana can

Well, there are quite a few. Some dispensaries have chosen to keep their prices lower than some other dispensaries. One example is the Wellness Institute of Maryland. The dispensary has decided that the price for an ounce of marijuana would range from four hundred forty dollars to five hundred twenty dollars. While the prices still seem to be pretty high, Charlie Mattingly, who runs Southern Maryland Relief Dispensary, has stated that his prices will start at four-hundred dollars an ounce. Southern Maryland Relief Dispensary also stated that the prices for an ounce will lower over time. Do you know another economic advantage of medical marijuana? It creates more jobs. This industry could provide many, many, many new direct and indirect jobs. Another advantage is that it could provide hundreds of millions of dollars in the economy. An article from the Baltimore Sun claims, “Colorado medical and recreational marijuana market created 12,500 direct jobs and about 18,000 total jobs in 2015 and generated about $1 billion in direct and nearly $2.4 billion in spin-off economic activity.” Looking at how the economy has grown in other states, we could sure hope that maybe the same could happen to us. The same article by the Baltimore Sun also stated, “He called marijuana a rapidly growing small industry ‘that has very high local impacts.” (the Baltimore Sun is referring to Adam Orens, founding partner of the Marijuana Policy