ipl-logo

Persuasive Essay On Legalizing Marijuana

803 Words4 Pages

Americans today tend to relate the word marijuana with crime, illegal drugs, and an inappropriate style of life, but have we stopped and consider that the assumptions made might not be very accurate? Although many people use marijuana for illegal purposes, marijuana can also be used in various of positive ways. Marijuana should be legalized because it not only helps for medical purposes, it also helps raise taxes, and helps reduce crime rates and traffic fatalities. Daily articles, blogs, and economic journalist openly express that legalizing marijuana is not an insane proposal and has been approve by several states in the United States already and has been a very successful decision.
In the recent years, science has confirmed that marijuana …show more content…

Since marijuana was legalized in Colorado it has really impacted the state’s economy. “Legal weed created 18,005 full-time jobs and added about $2.4 billion to the state’s economy last year, an analysis from the Marijuana Policy Group shows” (Think Progress “Marijuana’s $2.4 billion impact in Colorado is a lesson for 5 states considering legalization). Through the legalization of marijuana, the state can make a great profit with the creation of a taxation to all those who can purchase it. Not only has it impacted the money raised but marijuana has also created jobs, which is a great help to the United States because of the scarcity of jobs due to the unemployment rate. Legal marijuana is also not only promising to impact one state but move up and encourage for the whole nation of the U.S. to join in. Different states like Colorado are looking forward to sum up to the legal weed. “State and local governments would see roughly $200 million in new tax revenue from pot taxes, standard sales taxes, and licensing fees for new cannabusinesses” (Think Progress “Marijuana’s $2.4 billion impact in Colorado is a lesson for 5 states considering legalization). Many people might still disagree with the thought that week should be legalized, but imagine if the cannabusiness is successful, who wouldn’t want to start a marijuana business that promises to leave a very sweet and juicy

Show More
Related
691 Words | 3 Pages

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

Read More
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.

Read More
770 Words | 4 Pages

(Rabinski, 2015) The Huffington Post listed the many economic advantages of legalizing medical marijuana in the story “14 Ways Marijuana Legalization Could Boost the Economy” (http://www.huffingtonpost.com/2012/11/07/marijuana-economy-14-reasons_n_2089107.html). Some of the surprising benefits include: • $13.7 billion saved on prohibition enforcement costs • Estimated $500 million in tax revenue for Washington State • Estimated $60 million saved by Colorado legalization • Legalization could reduce marijuana prices • Huge prison cost savings (for prisoners on marijuana-related charges) • Marijuana prohibition costs taxpayers $41.8 billion a year • California marijuana crop worth $14 billion a

Read More
814 Words | 4 Pages

The legalization of Marijuana can potentially help the American economy when it comes to taxing and regulating the sale of Marijuana, but this economic effect could also cause some problems for the citizens of America. The article, ‘Marijuana Legalization’s Costs Outweigh Its Benefits’ written by David Evans states that,” ... Marijuana businesses can promote their products and package them in attractive ways to increase their market share.” This sounds like it could be good for the economy, which it certainly would be temporarily.

Read More
1397 Words | 6 Pages

Marijuana legalization, both recreational and medical, may positively impact the United States economy because of the taxes placed on the plant in several states, and instead of taxing the population, the government receives great revenue. The Marijuana Legalization and Taxes: Lessons for Other States from Colorado and Washington report by Tax Foundation describes the key findings of tax effects, Colorado and its effects tax rate totaling 29 percent, a projection of taxes in Colorado likely to exceed $140 million a year, Washington imposing a 37 percent excise tax, and many more statistics backing up the benefits of certain taxes and legalizations. The legalization of marijuana in present day clearly shows that the economy of the states where this “harmful” drug was legalized went straight up by a high percent in tax revenue. The United States must consider legalizing the drug across the country because not only will it raise the economy, it will also greatly reduce marijuana trafficking incarceration’s which proved to be a huge problem in the country. If the United States legalize marijuana, the crime rates and incarcerations will definitely

Read More
1223 Words | 5 Pages

When state revenue goes down everyone who works is hurt by the price jumps and possible tax raises. But, when the revenue goes up schools can afford more books, construction can get done faster, more bus routes can be opened, and the people who keep us safe are able to get a pay they deserve. Legalizing marijuana is very beneficial for Colorado’s state revenue has gone up yearly since the legalization of marijuana. Between 2013 and 2014 “Colorado’s state tax revenue from marijuana sales reached $70 million—nearly double that of alcohol.” (Skiing, 28) Colorado is not the only state who is benefiting from the legalization of marijuana, the Washington Times reported that in June alone, Roughly $86.7 million in pot sales were reported, yielding over $20 million in taxes for the state.

Read More
436 Words | 2 Pages

Thesis Statement: Marijuana should be legalized in all states; it has proven medical benefits, economic benefits, and it is a comparatively safe drug. CONCESSION STATEMENT: Granted, people still are going to think drugs are bad or smoking marijuana will hurt your lungs. REBUTTAL (include in-text citation): Even though people will always think that drugs are bad, marijuana has a substantial amount of economic benefits. Just in the past years, when marijuana was legalize in many states for recreational and medical use, it has shown a great amount of profits (Krishna, 2017)

Read More
563 Words | 3 Pages

Cannabis is a simple, organic plant that can benefit each and every one of us. One of those benefits is an economic one, don't believe me, ask Colorado, one of the leading states in legal marijuana use “pot is a stronger economic driver than 90% of the industries active in Colorado. Legal weed created 18,005 full-time jobs and added about $2.4 billion to the states economy last year.” (Pyke).

Read More
663 Words | 3 Pages

Not only has the legalization of marijuana been wildly successful, but also a great money maker for the states that have legalized weed. New people come into the business primarily for money,

Read More
699 Words | 3 Pages

A recent study done by Matt Femer, a national journalist, revealed that if the 50 states of America decided to legalize recreational marijuana, the tax revenue would increase annually by three billion dollars. Citizens of America may argue that the benefits of legalizing recreational marijuana would benefit this country financially, medically, and even serve as a substitute for other narcotic substances. Availability of marijuana for recreational use would be a step forward for this country in terms of advancing in medicine and ensuring that our economy continues to thrive. Although medical marijuana has already been legalized in twenty three states, there is still much more that could be done to benefit the citizens of america by legalizing

Read More
1821 Words | 8 Pages

Cannabis, also known as marijuana, pot, weed, or bud is a hemp plant in which euphorogenic and hallucinogenic drugs are formed. A profusion of individuals use cannabis for its euphoric properties, meaning they simply want to get “high”. While on the other hand, a great deal of people are suffering with pain from diseases such as AIDS, epilepsy, glaucoma, cancer, and the list goes on. There are arguments for and against the recreational use of legalized marijuana in all 50 states of America. Although supporters for the recreational use of medical marijuana see it as the new breakthrough miracle drug, critics on the other side have argued that marijuana has no place in the medical field now, nor should it ever.

Read More
1033 Words | 5 Pages

To better understand, it’s important to look at the model Colorado has set being the first state to legalize recreational marijuana use. CNBC’s very own Trey Gillies interviews Colorado governor John Hickenlooper regarding economic impact of marijuana. Hickenlooper said, “More than anything we wanted Colorado to think of itself as a place, not just for outdoor recreation, but a place to go and start a business.” With that mindset and openness towards marijuana related businesses it is clear to see why Colorado has the lowest unemployment rate in the country at 2.3 percent. Demonstrating how the legalization of marijuana can create more jobs.

Read More
991 Words | 4 Pages

There are many reasons why people would choose to support the legalization of marijuana, profit is one of them. Marijuana could create massive revenue in the united states, and can be proven when looking upon states like Colorado, a state that has legalized marijuana. Experts say that marijuana has the possibility to “raise between $5 and $22 million annually” just in Colorado alone. Supporters of marijuana legalization state that by decriminalizing this plant law enforcement would have “more time and money to pursue criminals for other crimes”.

Read More
1342 Words | 6 Pages

California is not the first state to legalize marijuana medically and recreationally states such as Washington, oregon and colorado have found success in growing this crop. Oxford Academic says “Colorado and Washington State both allocate their projected $67 million and $389 million tax revenues, respectively, from legal recreational marijuana sales to state funds supporting public health and education.” While bringing in more money from taxes, schools and medical care are able to get more funding. Marijuana is most dangerous to the earth when grown illegally, producers hide the fact they are doing it, but with the legalization of the crop environmental dangers will be somewhat decreased. With more people able to grow the amount of money this crop brings in is going to expand greatly.

Read More
557 Words | 3 Pages

2. Marijuana is already helping the economy Colorado and Washington state voted Tuesday night November 6, 2012 to legalize marijuana, sparking celebrations different but not mutually exclusive from those rooting for Barack Obama. But it’s not just stoners and Democrats who should be Exhaling a deep cough of relief — economists too may find the news worthy of some bubbles or bubblers. 2 a) the states have seen a major economic benefit because of the legalization. The measure has brought the two states more than $550 million combined, 2 b) with more than 300 economists previously estimating that legalizing pot could save the U.S. up to $14 billion a year.

Read More

More about Persuasive Essay On Legalizing Marijuana

Related Topics

Open Document