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Marijuana Persuasive Speech

1230 Words5 Pages

"Criminally prosecuting adults for making the choice to smoke marijuana is a waste of law enforcement resources and an intrusion on personal freedom. I do not advocate urging people to smoke marijuana, neither do I urge them to drink alcoholic beverages or smoke tobacco, but in none of these cases do I think prohibition enforced by criminal sanctions is good public policy." Barney Frank. The state of Colorado produced $1 billion in tax revenue from selling recreational marijuana on April 20th, 2017. Medical marijuana is used every day to save lives, it is used to save children with seizures in the form of an inhaler. The fact that medical marijuana has already saved thousands of lives involving cancer, AIDS, and other diseases is a key factor …show more content…

The marijuana industry is a great and effective way of our government being able to try and get us out of debt.The cost of law enforcement for drugs is estimated to jump $18.8 million in 5 years if marijuana isn’t legalized.It produces been predicted by $60 million in revenue and was suspected in double and has doubled in the year 2017.It will reap $500 million in tax revenue yearly(MacQueen). It costs $75 to produce a pound of marijuana and can be sold for up to $6,000 depending on the quality.Legalizing marijuana should be a great idea because we can take its profits and put that into our treasury. To try our best to get out of debt the best we can(Jamie).Marijuana legalization generated 7.2 billion in economic activity in 2016 and added millions of dollars in federal taxes paid in cannabis business.Colorado brought in nearly $73.5 million in selling marijuana and marijuana-related products in just a few years.The Headset inc. has found that the average recreational consumer spends $647 annually on marijuana(Desirae).“When the effect on crime is so significant, it’s obviously better to regulate marijuana and allow people to pay taxes on it rather than make it illegal,” Evelina Gavrilova.Jeffrey Miron found that the US government could save billions of dollars by ending the drug war and legalizing cannabis and bring in an additional $46.7 billion in yearly …show more content…

Legalizing marijuana would end the costly enforcement of marijuana laws and free up police resources(Desirae).The legalization of marijuana most likely ends the need for some criminal behavior in connection with marijuana. Legalizing marijuana could bring down the amount of youth being put on trial and being given harsh penalties for what they have done often causing them the rest of their life(White). Legalizing marijuana would end the costly enforcement of marijuana laws and free up police resources(Desirae).With this being said here is an example of crime rates going down in a state where it has been legalized. Colorado is studying right now how the legalization of marijuana has discretely brought down enforcement on drugs and the cost of enforcing these laws(MacQueen). People buying marijuana illegally are however still a problem because every state has not legalized marijuana yet. So far 20 states across the United States have already implemented medical marijuana

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Unit 4 Decriminalizing Marijuana

991 Words | 4 Pages

and article ‘Potential Tax Revenue from a Regulated Marijuana Market: A Meaningful Revenue Source’ by Michael R. Caputo and Brian J. Ostrom states, “The demand for marijuana has created a multi-billion dollar industry.” If the Drug Enforcement Administration would allow marijuana to become legal, it could potentially boost our economy due to taxation, create employment through marijuana dispensary collectives as well as stores, and provide another source of revenue in each state. “... A consumption of 13,600 metric tons would entail 38 million people smoking one gram each, 365 days a year ” The concept of taxing marijuana would essentially be exactly the same as how the government taxes cigarettes or alcohol today.

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Why Should Marijuana Be Legalized In Australia

1296 Words | 6 Pages

In the state of Colorado in the U.S marijuana is completely legal for both casual and medical use. Many had speculations over if the experiment of legalizing the drug in a state would be a success, the doubters were proved wrong as it has been a huge success especially from the economic point of view. In 2014, retail cannabis sales raised some $76 million in tax revenue and fees, according to data compiled by the Colorado Department of Revenue (ARMENTANO, 2015). Marijuana sales in the past year totaled some $700 million (ARMENTANO, 2015). If marijuana was not legalized this revenue would have gone to the black market where most of the marijuana was being sold, but instead can be used to stimulate the economy and raise tax dollars.

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Cost Of Criminalization

1780 Words | 8 Pages

But the financial benefits of legalization go beyond taxing the sale of marijuana and keeping drug money out of the hands of criminals. All across the nation, wherever the drug is illegal, state and local governments spend enormous sums of money on the enforcement of marijuana laws, the prosecution of offenders, and incarceration of the convicted. The Wall Street Journal estimates that the American taxpayer spends $40 billion per year on the administrative costs associated with the criminalization of marijuana (Becker). On the state level, we can again look to the example of Colorado. Conservative estimates by the Colorado Center on Law and Policy show that legalization will save the state $40 million per year by no longer administering marijuana laws (Drug Policy Alliance).

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How Does Marijuana Affect The Economy

1430 Words | 6 Pages

If the all states in America decided to make marijuana legal then the nation's economy would boom. The state has already seen a positive effect since making the drug legal as noted in Marijuana's $2.4 billion impact in Colorado is a lesson for 5 states considering legalization, written by Alan Pyke, a Deputy Economic Editor for ThinkProgress.org. In this article Pyke discusses the impact tax revenue money from marijuana has had on Colorado’s economy, also noting that since the legalization, marijuana has generated 2.4 billion dollars for the state of Colorado. Furthermore, the surrounding industries in Colorado have not come close to the amount of production and tax revenue brought in by the marijuana industry, surpassing local industries by almost ninety-nine percent. In addition, other states on the border of legalizing recreational marijuana will look at the impact it has had and may want to follow Colorado's lead and legalize.

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How Does Legalizing Marijuana Affect The Economy

1397 Words | 6 Pages

“War on Drugs.” Henchman, Joseph, and Morgan Scarboro. “Marijuana Legalization and Taxes: Lessons for Other States from Colorado and Washington.” Special Report - Tax Foundation, no. 231, 2016, pp.

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Pros And Cons Of Legalizing Marijuana

1559 Words | 7 Pages

During our current economic state the Marijuana revenue

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Benefits Of Legalizing Marijuana In Canada

736 Words | 3 Pages

“People who consume cannabis products may be more inclined to visit places that have legalized cannabis when considering vacation destinations” (Blackburn 2). There is a big business opportunity because of marijuana. It can provide jobs for people and it can also provide revenue from sales and taxes (Blackburn 2). The legalization of marijuana would be the goose that lays the golden egg to not only the people that use it, but to the government and the economy. The United States is trillions of dollars in debt and legalizing marijuana could over time help reduce that amount a little bit.

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Argumentative Essay: Federal Legalization Of Marijuana

1432 Words | 6 Pages

“Crime and violence, both within the U.S. and at the U.S.-Mexico border, are greatly increased due to illegal selling and buying of marijuana. Legalization would logically end the need for such criminal behavior” (White). Great portions of money are spent on marijuana drug busts, drugs trades, and selling. Which is not wrong , but maybe if it were legal it would reduce the amount of illegal drug sells and therefore save america money and

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Pros And Cons Of Legalizing Marijuana

944 Words | 4 Pages

The legalization of marijuana can also help the government generate additional tax revenue. Colorado started selling legalized marijuana on January 1st, 2014. In the first six months of legalization Colorado alone generated more than twenty-five million dollars of pot-related tax revenue. If all fifty of the states legalized weed, the United States of America could generate an additional three billion dollars in tax revenue, helping to lower the national debt, not to mention that the government would actually save money by legalizing Mary Jane. Harvard economist Jeffrey Miron says that the 8.7 billion dollars is being spent per year just to enforce laws against marijuana.

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Persuasive Essay On Legalizing Marijuana

676 Words | 3 Pages

The Colorado Springs Business Journal reports that Colorado made 60 million dollars for the state in combined savings and additional tax revenue. This is just another example to show that marijuana has a great track record in helping the state and local economy. The Huffington Post also states that “TIMES reports say that marijuana growers account for 14 billion dollars a year in sales in California, making it the state’s most valuable cash crop”. If

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Persuasive Essay On Legalizing Marijuana

1622 Words | 7 Pages

This specific drug industry is a non-taxed business that involves a lot of cash, that is, un-taxed cash. The government has had history with prohibition and how that all plays out with people going against laws and making clear profits. The marijuana business is an untapped business opportunity that can make this country millions. Regulating and taxing marijuana, just like alcohol and cigarettes, can bring in a lot of money to the states and the country. This not only brings ion money but saves money in the process.

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Persuasive Essay On Medical Marijuana

954 Words | 4 Pages

Taxing medical marijuana is not a bad idea either in Colorado’s dispensaries brought in $200 million in sales in the year 2000. Colorado only has a 2.9% sales tax on medical marijuana. This shows that if we put a little bit of a sales tax on medical marijuana and made in legal here we could make a lot of money off it. This idea would also lower Government spending. As taxpayers a big portion of the taxes we pay is to keep people in jail, in particular, would be the people sitting in jail who self medicated with medical marijuana because they feel they should be allowed to, and they are

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Persuasive Speech On Legalizing Marijuana

1349 Words | 6 Pages

With all of the advantages of the plant in cooking, medical uses, and cleaning, you can always find someway to use a natural plant that is found in the ground to your advantage. Also one reason that the government made it illegal is because you can’t put a tax on something that you can grow in your own home if you want. But since not everyone knows how to grow marijuana, they can go to the store and buy it where the government can tax the dispensary just like any other store. Since Denver made marijuana legal, the dispensaries have now taken more stores than Starbucks coffee. With these dispensaries, the government has made approximately $70 Million (Bindel,14).

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Cannabis Argumentative Essay

485 Words | 2 Pages

The US national debt is 19.6 trillion dollars and is still increasing. If the US wants to lower the national debt affectedly, then the US should legalize and create taxes for cannabis. Cannabis has been voted to be legal in 26 states and the District of Columbia. These states that legalize Cannabis are now seeing a decrease in their state debt and also a safer environment for families and kids. On another hand, 24 states in the US feel that Cannabis should not be legalized because cannabis could fall into the hands of teenagers and over time teens will use harder drugs like Cocaine and Heroin.

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Persuasive Essay On Legalizing Marijuana

1878 Words | 8 Pages

Cannabis/Hemp could be the biggest cash crop since cotton. Cannabis is such large and profitable industry that legalization could boost the economy and create American jobs. The state of Colorado has brought in nearly $73.5 million in selling marijuana and marijuana related products in just a few years. Colorado was the first to allow recreational marijuana sales in January 2014. Since then Headset Inc. found that the average recreational consumer spends $647 annually on marijuana.

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