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The Fight Over The Legalization Of Marijuana

1246 words - 5 pages

Is marijuana as bad as many people say? The term “Marijuana” is a mixture of a dry shredded green or gray leaves and flowers of the hemp plant Cannabis sativa. Marijuana also has several names such as dope, weed, Jane, grass, pot, reefer, herb, ganja and boom. Marijuana is commonly smoked in cigarettes because it has an active ingredient, TetraHydroCannabinol (THC), passes from the lungs into the brain by the bloodstream, which transports THC to other organs to produce a relax state (Edition, 2013). Currently, because there are many advantages and disadvantages of legalization marijuana that it will be explained later, Marijuana becomes a huge political issue.
Nowadays many people want to fight for their right either for support or prevent the legalization of marijuana. According to Altieri, 58% of Americans say marijuana should be legalized, while 42% are opposed (2013). In one perspective, marijuana is no longer a strictly partisan issue in some cities, such as Colorado and Washington, which convenes a lot of supporters to raise their voice for the legalization of marijuana (Lyman 2014). However, on the other hand, there are many people disagreeing for the legalization of marijuana because of the negative consequences that marijuana produce. To illustrate, the legalization of marijuana is a debatable point between advocate and opponents. Although many people say marijuana should not be legalized, there are many reasons why marijuana should be legalized, such as economic, medical, and social.

First, when considering the legalization of marijuana, there are many economic benefits. According to Lyman in his article “ Pivotal Point is Seen on Legalizing Marijuana, “President Obama as allowing banks to do business with legal marijuana business (2014). Moreover the revenue from marijuana is a powerful selling point that will benefit several states with high revenue. According to Mike in his article “ Should Governments legalize and tax marijuana? ” 0.5 grams of marijuana cost $8,60, while the production cost $1.70 (Mike 2013). To explain, there is $6.90 profit obtains from the marijuana black market in the street as an underground economy. So big amount of profits can be made by marijuana black market, but still not going to happen because the product still illegal.
Unfortunately, many of whom have hands on this underground economy are very wealthy because the price of marijuana in the black market does not change (Lucas, 2012), which means the stability of both the price and quantity.
In contrast, by legalizing marijuana the price will be changed to the lowest price possible in order to raise the demand, which will increase the income of legal marijuana. It is easy to see that, the legalization of marijuana will eliminate the risk of its business. According to state revenue officials, Colorado made $2 million in marijuana tax revenue in January, from recreational marijuana businesses (Kristen, 2014). To explain, increasing the sales of...

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