Why is Marijuana Legalized?
Recently, Marijuana legalization has become rampant in diverse parts of the globe and this has caused various controversies and discussions among the people. In America alone, there have been numerous states that have legalized marijuana for medical purposes and some which even went to the extent of legalizing it for recreational use. You would also be amazed with the fact that even though marijuana is still illegal in the British sector, this didnt stop UK from becoming one of the biggest exporter of cannabis. Read more below and find out more info about why marijuana legalization was seamless in certain states despite its controversy.
It may not be apparent at first but, the government would be able to swim in a pool of benefits when the time comes that cannabis become legalized. Even though the entirety of America havent fully lifted the illegal tag on cannabis, the states that have legalized it, has already experienced enormous profit from this industry. 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.
There would also be a serious increase in demand for skilled and non-skilled workers, as Marijuana or cannabis becomes a new industry on its own. Theres no doubt that the generation of new job, is a great way to ensure that there will be lower rates of unemployment throughout the globe. 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.
From the prior statement, youd be able to see that a new industry would pop up in the market with pot legalization. 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. Money is spent when allocating force into this category. 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.
The fact that cannabis has been sold in the black market for years, contributes to why its price is extremely expensive. People who are using cannabis either for medical or recreational purpose, will definitely feel more at ease if Marijuana is legalized, since the price of cannabis would surely go down when it is finally brought to the public market.
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