ECONOMIC EFFECTS OF THE LEGALIZATION OF MARIJUANA Prepared for MGMT 2200-014 Written Business Communication Prepared by: April 14‚ 2013 Table of Contents Executive Summary 3 Introduction 5 Background 5 Purpose 5 Findings 5 Economic benefits of legalization 5 Economic detriments of legalization 6 U.S. comparison to other countries 7 Conclusions
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The Economic Benefits of the Legalization of Marijuana Crimes related to marijuana have gotten out of control in our society. With more than 750‚000(MPP.org) people arrested annually on charges related to marijuana it’s clear that a change needs to occur. A clear choice would be to crack down on the sale and manufacture of marijuana‚ but the smarter choice would be to legalize it. There are many economic benefits to the legalization of marijuana. The economic benefits that producers
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attention to the controversy which rages around the legalization of marijuana has certainly heard of the many benefits of legalization. We hear argument that claim prohibition did not work for alcohol and it is certainly not working for marijuana. We have heard that there are many positive health benefits to smoking marijuana for people with particular illnesses. And‚ we have certainly heard the cry that argues the economy would be far better off if marijuana were taken off the black market and put into
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body they have just ingested marijuana . Marijuana has successfully hit mainstream America in the past four decades and the prohibition of marijuana has been a continuous debate through America . The history of marijuana began in the 1700’s and the use of it back in history was all beneficially used . Until recently‚ extraneous research has been committed to the side effects and health benefits of marijuana that conclude two sides . One side
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The Legalization of Marijuana Many years ago the average person did not think of marijuana as a harmful drug‚ but as a useful substance. The fiber of hemp is used for medicine‚ paper‚ fuel‚ and food. George Washington‚ the first President of the Unites States of America‚ even encouraged people to sow the Indian hemp seed everywhere. Marijuana was not prohibited in the United States until 1937 when Franklin D. Roosevelt signed the Marijuana Tax Act of 1937. Today‚ many American citizens want this
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Licsi‚ Manaoag‚ Pangasinan. Position Paper in Economics (2nd Grading Project in Economics) submitted by: Dan Christian Vicente Submitted to: Ms Raquel Ferrer(subject teacher) "YES to MARIJUANA IN PHILIPPINES" I. Introduction Marijuana is a topic of significant public discourse in the United States‚ and while many are familiar with the discussions‚ it is not always easy to find the latest‚ research-based information on marijuana to answer to the common questions about its health effects
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MARIJUANA LEGALIZATION Recently‚ the issue of whether to legalize marijuana has arisen due to its benefits and the ineffectiveness of the current prohibition on it being recognized. There has been vehement argument about this idea weighing its advantages and disadvantages‚ and it has no sign of coming to an end soon because it is hard to decide whether it is worthy of a risk. It is undeniable that marijuana legalization will bring us a lot of benefits‚ which Joe Klein mentioned in his article “Why
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Recreational Marijuana Legalization Marijuana legalization is a unique issue currently gaining momentum in America. Over 25 million Americans have used marijuana in the past year‚ 100 million have tried the drug at least once‚ and 14 million use regularly (“About Marijuana”). The growth‚ sale‚ possession‚ and consumption of marijuana for any reason are against federal law. Two states‚ Colorado and Washington‚ have legalized recreational marijuana use for adults over the age of 21‚ and sixteen additional
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21 March 2012 Word Count: 1252 Legalizing Marijuana According to the United Nations 162 million people‚ about 4.0% of the world population uses marijuana annually. 0.6% of the world population‚ or roughly 22.5 million people‚ use the drug daily. In the United States‚ this translates to 1% of our population‚ a relatively small number of people at 1.4 million‚ using marijuana every day. Even though it’s a small percentage of Americans that use marijuana‚ it’s caused a very heated debate about the
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Legalization of Marijuana Marijuana has a history dating back many years‚ and has been used in various cultures in different ways. In recent years‚ marijuana has become a forefront topic in the world of American politics whether or not it should be legalized. Marijuana has been adapted to fit our lifestyles and our social environment. A vast amount of the world’s population smoke marijuana for various purposes. Thus‚ the drug should be legalized because it has many medical beneficial uses‚ the
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