The Economic, Medical And Industrial Benefits Of Legalizing Marijuana

1717 words - 7 pages

The Economic, Medical and Industrial Benefits of Legalizing Marijuana

Marijuana is the dried flower clusters and leaves of the hemp plant when taken to induce euphoria. Marijuana has been in existence for centuries even Magellan spoke of it during his trip to India. In his log he spoke of a plant that you smoked that made a man drunk without drinking. Marijuana would be beneficial if legalized because it would bring in extra money, it has medical uses, hemp is one of the best materials in the world and on average it is healthier for you then beer or liquor.
The old cash crop of the Americas was tobacco in today's world it is marijuana. More marijuana is transported into and out of this country at a higher rate then tobacco. As of last year there were 1,147,591 of seized marijuana by the United States Coast Guard. If the average price of a pound of marijuana were only fifteen hundred dollars that would put the price at 1,721,386,500 when the GNP (Gross National Product) for year two thousand is projected at 17 billion. If marijuana were actually a taxed good at the normal rate of five percent that would put the price up to 1,807,455,825 it would take the price up a total of one hundred million dollars.
Not only would the legalization bring in more then nine percent of the GNP. It would take the amount of drug dealing and money laundering due to dealing down. With this decrease in crime the money spent on police could be put to better use. The police could spend more time in trying to solve crimes such as murders or theft.
Though in another area there would have to be a specific police unit to deal with these new stores. The insurance rate would also be astronomically high due to break-ins and the cost of the merchandise being sold. Though even now there are stores that do sell "smoking accessories". I mean who honestly would smoke tobacco through a water bong. I've never met a person who smokes tobacco through anything except a Sherlock pipe.
These stores have been around for a long time and nothing extremely bad has ever happened to one. There just another type of store that can be taxed and put its share towards GNP. This is all a store that sold marijuana would do be taxed and brings its share of the GNP. How can it be wrong to legalize it? When this would bring in a huge portion of money to the US and put a large section of drug dealers out of work. Also the medicinal uses are humongous.
While marijuana kills absolutely no one aspirin kills up to one thousand people per year and other prescription drugs kill up to twenty seven thousand people a year#. Also cannabis has been proven to take down the risk of cancer and they show a lower rate of illness then non-users#. Medical marijuana has been shown to relieve the symptoms that no other prescription drug has been able to do. The uses that it has the potential are amazing nothing else can compare to it except maybe penicillin.
There is an amazing market for new medical drugs...

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