B a s n e t | 2
1. Smith, S.E. “Why We Need to Finally Legalize Marijuana.” The Daily Dot. N.p., 06 Nov.
2014. Web. 18 Oct. 2015.
Smith explains that marijuana should be legalized for various considerable reasons like
confronting racist marijuana policy, ending moral panic over drugs, lowering crime rates, and
ending drug-related pollution. Apart from that money is the major reason. Legalization of
marijuana would boost the economy in local communities, state coffers, and more. It would save
huge sum of money of regional and state government which is currently wasting for enforcement
of marijuana laws. Furthermore, it increases tax revenues of the state and government. According
to Harvard economist Jeffrey Miron, annual trade in weed is estimated at $113 billion, which
represents $45 billion in taxes. If marijuana sell is legalized and regulated such huge amount
could fall in the hand of government. As drug war costs tremendous amount of money annually,
legalizing marijuana provides huge amount of savings for the government. Instead of wasting
tremendous amount of money on direct law enforcement initiatives annually to investigate
suspected growers, traffickers, and dealers, the government could focus on more crucial
initiatives. Additionally, vast majority of individuals who are caught because of cases related to
marijuana are black and latino which reflects racial imbalance in the justice system. There are
indirect economic benefits if the number of men imprisoned for drug-related offenses are
reduced. It will allow men to remain with their families, economically involve in their
communities, and contribute to society which boosts economy chances of the individuals, family
and community as a whole. It will also boost the economy of the people of color as most of them
are the prisoners.
Furthermore, marijuana should be legalized and allowed to grow legally. It provides benefits to
the economy of the agricultural industry. The number of the farmers and their economy