Legalization of Marijuana

Paper Summary:

The legalization of marijuana has been a topic of controversy for several years. Many proponents of the drug argue that marijuana should be legalized for both medical and recreational use. Others say that it should at least be decriminalized, meaning that the penalty for growing or possession of marijuana would be a simple fine, rather than jail time. This paper examines the controversial aspects of legalizing marijuana in an effort to present a strong argument in favor of legalizing the drug. The paper presents six valid reasons for legalizing the drug, as well as background statements to support these arguments.

From the Paper:

"The legalization of marijuana could help the U.S. economy by opening up new jobs. While the government would make a lot of money in taxes, sales and distribution costs, legalization would also cause the price of the drug to decrease, which means more people could afford it. According to estimations, if marijuana were legalized, and prices were cut in half, marijuana sales could gross anywhere from $50-$53 billion dollars (Rosenthal and Kubby, 2003). This money would no doubt stimulate the U.S. economy and create new jobs. These jobs would lower unemployment rates in the country, and open up more opportunities for employment in hemp and glassware industries."

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