Good reasons to legalize marijuana
Thursday, April 26, 2018
The possession of cannabis is illegal in most countries and has been since the beginning of widespread cannabis prohibition in the late 1930s. Today I will share my reasons for why marijuana should be legalized.
Marijuana is less toxic than other substances, raises money in tax revenue and has medical benefits. The two most damaging drugs, alcohol and tobacco, are legal and kill over a half-million people annually.
Marijuana has never caused a fatal overdose in over 7,000 years of recorded human use. Although cannabis has been smoked widely in Western countries for more than four decades, there have been no reported cases of lung cancer or emphysema attributed to marijuana.
Marijuana smoke, like tobacco smoke, is an irritant to the throat and lungs and can cause a heavy cough during use, but it doesn't seem to harm lung capacity, and may even improve it — possibly due to taking deep breaths while inhaling the drug.
The first half of 2017, legal weed sales in Colorado reached over $750 million, earning $116 million in tax revenue and licensing fees. Legalizing marijuana nationwide would create at least $132 billion in tax revenue and more than a million new jobs in the next decade.
The federal government would reap $51.7 billion in sales tax from a legal marijuana market between 2017 and 2025. Giadha Aguirre De Carcer, the CEO of New Frontier said, “If cannabis businesses were legalized tomorrow and taxed as normal businesses with a standard 35 percent tax rate, cannabis businesses would infuse the U.S. economy with an additional $12.6 billion this year.”
Marijuana also can be a treatment for chronic pain and help with muscle spasms. Marijuana also contains cannabidiol or CBD, which is helpful with pain relief and is a potential treatment for certain kinds of childhood epilepsia.