Post
Topic
Board Economics
Re: Is legalized marijuana good for the economy?? US Citizens might talk here..
by
jaysabi
on 02/07/2018, 23:33:36 UTC
The legalization of marijuana has brought in millions (maybe billions?) in tax revenue to those states that have allowed it. Just imagine what each state and even the federal government could do with such extra money. Rather than wasting millions in tax money on a fight that can't be won ,right??

Or maybe you guys got another opinions??

Canada has legalized it on a national level and reached a revenue sharing agreement with their provinces to split the tax revenue. Because of this, there has been an explosion of investment in the industry there and Canada will soon lead the world in this industry. Such a policy is creating new jobs and the legalization will free police and courts from enforcing or otherwise dealing with pointless and harmless violations. Republicans in this country are far too concerned with legislating morality (and doing a poor job at it for having stupid and arbitrary priorities) for the US to seriously consider following in Canada's footsteps and so is ceding the development of an emerging industry to other nations.