Legalizing the green? WOULD LEGALIZING CANNABIS BE A GOOD ECONOMIC DECISION? Section 1.0: Introduction “Around 750,000 Australians use cannabis every week and approximately 300,000 smoke every day” (ABC News, 2008). The use of Cannabis in Australia has been illegal since the early 1900’s, which has had a variety of effects on the economy of Australia. As Australia has a well-established and large underground market for Cannabis, there is enormous latent government revenue, which many Australian’s believe should be utilized through the legalization of cannabis. However, the legalization of cannabis has other costs and benefits related to it. A cost-benefit analysis will be used to analyze whether the legalization of cannabis would have an overall positive or …show more content…
One of the most well designed studies on marijuana and intelligence, released in 2012, found that persistent, heavy use of marijuana by adolescents reduces IQ by as much as eight points, when tested well into adulthood. Other studies have found that marijuana use is linked with dropping out of school, and subsequent unemployment, social welfare dependence, and a lower self-reported quality of life than non-marijuana abusing people. According to the U.S. National Survey on Drug Use and Health, youth with poor academic results were more than four times as likely to have used marijuana in the past year as youth with an average of higher grades. This is consistent with an exhaustive meta-analysis examining forty-eight different studies by Macleod and colleagues, published by Lancet, who found that marijuana use is consistently associated with reduced grades and a reduced chance of graduating from school. In addition, studies have linked employee marijuana use with “increased absences, tardiness, accidents, workers’ compensation claims, and job turnover.” (Oakes et al,
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Teenagers who smoke weed are more likely to move on to harder drugs, and it prevents their mind from developing properly. In a study by Lancet Psychiatry, it was reported that teenagers who smoked marijuana daily were 60 percent less likely to graduate from high school than students who did not use. In
The researchers concluded that poor academic achievers and students whose academic achievement has deteriorated are more likely to turn to the use of marijuana. In another research done by Arria, Caldeira, Bugbee and Vincent (2015) between the relationship marijuana use and academic consequences, they made a connection between skipping class, grade point average (GPA) and the use of marijuana. This study tested the direct and indirect effects of marijuana use on GPA. 1253 college students participated in a 8 annual assessment.
Marijuana is a controversial topic in America leaving everyone wondering, should it be or should it not be legal? Myself, having the similar question, looked at two different viewpoints regarding the issue. Only instead of primarily focusing on strictly marijuana legalization, I chose to specifically search for legalization of cannabidiol, oil that derives from cannabis. With using cannabis oil, or any drug, there is a risk that the product will give side effects, whether good or bad. According to Professors Wayne Hall and Louisa Degenhardt, they argue the latter: that non-medicinal use of cannabis has negative effects on a person’s health.
The Scrava School of Health Sciences and Engineering has had a rise in drug use in recent years. The school got an anonymous tip that a student named Peter Cruman was involved in a Facebook private group which they used to buy and sell drugs. The tip also stated that he had drugs on school grounds that day and was planning a drug deal. Principal Lyons searched Crumans phone and found the private facebook group. Cruman shortly after, admitted to where he was hiding the drugs on campus and where the drug deal was going to go down .
But the financial benefits of legalization go beyond taxing the sale of marijuana and keeping drug money out of the hands of criminals. All across the nation, wherever the drug is illegal, state and local governments spend enormous sums of money on the enforcement of marijuana laws, the prosecution of offenders, and incarceration of the convicted. The Wall Street Journal estimates that the American taxpayer spends $40 billion per year on the administrative costs associated with the criminalization of marijuana (Becker). On the state level, we can again look to the example of Colorado. Conservative estimates by the Colorado Center on Law and Policy show that legalization will save the state $40 million per year by no longer administering marijuana laws (Drug Policy Alliance).
Legalizing Marijuana in Canada Student Name Subject Information Lecturer’s name Date Here The legalization of Marijuana has become a prominent and controversial debate in the society. Various practical and moral arguments have helped to put in perspective the issues surrounding the legalization and decriminalization of marijuana. “Those for ratification have debated for the medicinal purposes, employment, and prospective tax revenue, and crime decrease, failure of the existing prohibition laws and the burden of offenders in our state prison as the stirring factors to validate the drug.”
The main ethical challenge about the use of medical marijuana is the fact that many people are against drug use and marijuana is an illegal substance in many parts of Australia. Being a new topic there are very few philosophical events/report that analyse medical marijuana, however, the rule of utilitarianism can still be applied. Utilitarianism is a theory where the pros and cons are evaluated on the outcomes of choosing one action/policy over other actions/policies, it takes the action and interests of others into account (na, 2003, Online Guide to Ethics and Moral Philosophy). The use of medical marijuana obeys the theory of Utilitarianism as it benefits the minority of people that require access to the drug and does not cause any harm to those who do not require the drug. It has become clear that the position of ethicist must be with the use of medical marijuana as it provides the most favourable outcome for the entire
People used Portugal as an example that legalizing marijuana would decrease the crime rate and increase economic growth which results in low health cost. Most people are happy with the decision of Trudeau party and would like to legalize marijuana. MacLeod (2015) National Post article shows that around “59 percent of Canadians favor the legalization of marijuana, and six to seven million adults plan to indulge in the psychoactive pleasure after it is legalized.” According to Barmak (2013), in Colorado and Washington, it is legal for adults to consume marijuana for recreational purposes.
Marijuana is, and will always be, one of the most widely used and accepted illegal drugs across the world. Recently, however, there’s been a significant amount of attention given to the debates arising over the legalization of medical use of the drug. It can help in addressing numerous health conditions, creation of jobs for hundreds of people, helping the country to meet some of its debt, helps save millions of available acres besides continued raising the status of the country. The increased revenue could be used in improving infrastructure in the country. The discussion in this paper will discuss the reasons as to why marijuana should be legalized in Australia.
To add, recreational marijuana is taxable! Therefore, it is money that can be put into our communities. Recreational marijuana as intimidating as some may think, can actually benefit our community in many ways. To begin, many believe legalizing marijuana would cause crime to increase, on the contrary legalizing it will lead to a decrease of crime. Imagine that getting your hands on marijuana was as accessible as cigarettes in a gas station, how many illegal cigarette dealers have been punished in jail with the maximum sentence for selling cigarettes?
If marijuana is regulated and taxed properly, it can generate millions of dollars that can help pay the debt of the US and/or help cities rebuild a better infrastructure. Marijuana has become the third most popular drug in the US behind alcohol and tobacco. It is a renewable resource and is not just used for smoking; it can be used to make paper, oils, and cloth. Every year millions of tax dollars are being spent to enforce marijuana laws. If these laws were repealed and marijuana was legalized, we would not only make money from the marijuana, but we would also be using a lot less money to enforce marijuana laws.
One of today’s world hottest debate topics is the legalization of marijuana. In the United States of America, we have achieved the legalization of this plant in twenty-eight out of fifty states with recreational and medical uses included. The state of Colorado is one of these states with two years since its legalization, it has produced answers on why its legalization has generated huge amounts of income but has also increased fatalities and diminished health on teens and young adults making people wonder whether this was the right thing to do and how it will affect our society in the near future. How does the legalization of marijuana in the state of Colorado affect overall its economy and what are the pros and cons to this legalization
Today the demands are changing in different states. In States such as Colorado and Washington, marijuana has been legalized for recreational use. This move raised several questions as far as decriminalization of marijuana is concerned. Besides portraying the US in a bad light, legalization of marijuana for recreation increases the risk of developing mental problems, increases government expenditure on public health, jeopardizes the future of children, and is a gateway to other dangerous drugs. Increased health problems and public health expenditure-
The first question is the how quantify the potential expenses. Although economists have suggested various methods for quantifying them such as estimate the value of a life, the cost of a death or even the cost for a treatment, these methods are not as easy to use as they sometimes are presented, and are depending on too much specifics factors to be applied as a generality. The most relevant figures about the potential issues involved by drug legalization is “Drug induced crimes” which means, crimes related to people under the influence of drugs. According to a study from Carson, E.A & Sabol, W.J. (2012), on local jail inmates, “ 15.4% of them have been tested positive for illegal drugs and an additional 12.1 % has been tested positive for a combination of illegal drugs and alcohol.”
When making medical marijuana legal the econ -The legalization would also create jobs which is necessary in a low economy. -Some people claim that Marijuana should not be legalized because it is a gateway drug. A gateway drug is something used that may lead to the use of other addictive drugs. Once trying marijuana it will spark a person's curiosity to try other drugs.