Case Study: My Experience With
5 Benefits of Legalizing Marijuana
There have been many controversies surrounding the recent legalization of marijuana throughout different parts of the globe, especially in the US. If you just look in the US market, youll be able to see that tens of states have already said yes to cannabis legalization and this includes both recreational and medical usage. Looking into the British Government where Marijuana is still illegal, UK ends up being dubbed as one of the largest exporter of the substance. Read more below and find out more info about why marijuana legalization was seamless in certain states despite its controversy.
What many may not be able to realize immediately, is that the government is one of the biggest beneficiary should marijuana be legalized completely. There have been many studies already, showcasing that the government or states that have legalized this substance, has already reap enormous profit from it since it was legalized. This is through the power of putting tax on the substance, which could earn the government, a considerable amount of revenue. Theres no doubt that other governments around the globe could experience this tremendous boost as well if they go with the legalization.
Theres also the fact that if Marijuana is legalized, workers that have the skills and even those without, would be needed to completely handle this new industry. This means that more jobs would be created, eliminating a huge portion of unemployment rate in many countries. Rest assured that countries that have low unemployment rate can also experience a boost in this department and at the same time, people would surely finally see that this industry is more diverse than what you may have initially imagined.
It is already established that if pot is legalized, then it is as if a new industry would be born in the state or even country which legalizes it. A new industry means new opportunities for investors to tap into, and this would mean that the stock market would have another sector to include on their ranks.
Theres no doubt that governments throughout the globe, have their own police force that tackles marijuana cases. It would surely cost the government, heaps of money, just to ensure that they have forces that can deal with cannabis. Gone are the days where the government has to spare money for cannabis cases, since theyll be able to save money should cannabis be legalized.
Cannabis is very expensive due to the fact that it is being sold in the black market as it is illegal. Cannabis can become more affordable when it is legalized and this could be very beneficial for those using the product for recreational and even medical purpose.