Many states around the globe are increasingly realizing the benefits of medical marijuana. The benefits are enormous, and they consist of medical and economic benefits. Medical marijuana is a controversial topic in debates about its legalization and regulation. Over 20 states have moved to decriminalize it, but other countries are indifferent based on the effects of the recreational use of cannabis Sativa. Conservative states highlight the potential risks of decriminalization while noting the significant benefits.
Medical marijuana dispensaries are access points for people to get quality and prescribed marijuana. These dispensaries are legal and safe. Seattle dispensaries are created for patients since it is incomprehensible that everyone can cultivate cannabis to cater for their needs. The illegal market is plagued with risks, and therefore these dispensaries have been critical in the reduction of crimes based on drugs. In this regard, this article will articulate the economic benefits that are persuasive to states that are hesitant on legalizing medical marijuana.
Increase in revenue
The marijuana is a billion-dollar industry that states can tap into to improve revenue collection. It is arguable that the state loses more money by fighting marijuana than it would earn by legalizing it. Regulation will bring to light numerous transactions that are not taxed and capitalize on the money that is lost to criminal gangs and cartels.
Decrease in government spending
As aforementioned, the fight against marijuana is expensive, and therefore governments around the globe have to involve many departments and personnel to curb it entirely. Also, eradicating marijuana requires numerous legislation and law enforcement. All these measures take time and the money spent is quite ridiculous. Therefore states stand to gain more by regulating the herb rather than criminalizing it.
Decrease of criminal organizations
The criminalization of marijuana has led to the growth in the number of crime that is drug oriented. The cartels operating in the illegal trade has seen the introduction and sale of other harmful drugs that continue to destroy the youth. The untaxed nature of the illicit trade has made the industry lucrative. Legalizing will mean that practitioners will start paying taxes and therefore the criminal organizations will be weakened due to lack of sufficient profits.
Creation of employment
Marijuana dispensaries could employ youths that are unutilized in the streets. The industry is robust, and it is estimated that it will grow even more in the coming years. Regulated Marijuana will see the creation of jobs through sale and cultivation.