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In 2019, the US gained a total of 1.7 billion dollars in tax revenue due to the legalization of marijuana. In 2021, that number more than doubled to 3.7 billion dollars. [14] The increase in tax revenue being a driving factor in the legalization of marijuana is similar to the effects of the repeal of prohibition.
The letter stated, among other things, "We, the undersigned, call your attention to the attached report [which]... shows that marijuana legalization — replacing prohibition with a system of taxation and regulation — would save $7.7 billion per year in state and federal expenditures on prohibition enforcement and produce tax revenues of at ...
People are using it more often, and attitudes are changing. Data from Pew Research indicates that close to 90% of U.S. adults are in favor of legalizing marijuana for medical or recreational purposes.
Country/Territory Recreational Medical Notes Afghanistan Illegal Illegal Main article: Cannabis in Afghanistan Production banned by King Zahir Shah in 1973. Albania Illegal Legal Main article: Cannabis in Albania Prohibited but plants highly available throughout the country and law often unenforced. On 21 July 2023 the Albanian Parliament voted 69–23 to legalize medical cannabis. Algeria ...
As shelter-in-place orders drag on and the U.S. economy limps through the second quarter, investors, economists and politicians are asking important questions about what the post-outbreak economy ...
Legalizing marijuana in America and Canada is one of the greatest mistakes of all time," he told Time. In 2012, Colorado and Washington became the first U.S. states to legalize marijuana for ...
The DEA argues "Legalization has been tried before—and failed miserably. Alaska's experiment with legalization in the 1970s led to the state's teens using marijuana at more than twice the rate of other youths nationally. This led Alaska's residents to vote to re-criminalize marijuana in 1990." [32]
Five state marijuana legalization measures were put before the electorate, three of which would have green-lighted recreational pot. As an added bonus, Massachusetts voters were asked for their ...