The Economic Cost of Not Legalizing Marijuana in the U.S.
The possible benefits of states legalizing marijuana are clear from tax revenues collected by states that have legalized it. Besides increased revenues, legal marijuana provides jobs all through the value chain. Failure to legalize weed creates bottlenecks that impede the full exploitation of the potential benefits the marijuana industry affords the economy. Prohibition also causes governments to spend money on enforcement. The following are some details on what the U.S. is losing, and the good marijuana revenue can do. How much is the U.S. losing each year by opposing marijuana legalization? According to research, the Federal Government lost $25.64 billion…
