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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.
A 2002 DAWN report, for the USA records two possible drug-induced deaths where marijuana was the only drug found. [161] Legal drugs however, have been the cause of more than half a million deaths a year: 480,000 from tobacco smoking-related illnesses and 80,000 from alcohol use disorder. [162]
Variations of drug liberalization include drug legalization, drug relegalization, and drug decriminalization. [1] Proponents of drug liberalization may favor a regulatory regime for the production, marketing, and distribution of some or all currently illegal drugs in a manner analogous to that for alcohol , caffeine and tobacco .
The legalization of marijuana can open up the possibility to regulate it. That regulation implies the opportunity to tax the drug, and it also makes law enforcement easier.
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 ...
The issue of marijuana legalization has come up in the 2024 United States presidential election. Independent 2024 presidential candidate and environmental lawyer Robert F. Kennedy Jr. has supported legalizing marijuana as a method to combat drug addiction. [214]
However, as Kevin Sabet, National Drug Control Policy Advisor in the Bush and Obama administrations pointed out in his book SmokeScreen: What the marijuana industry doesn’t want you to know ...
According to initial unofficial results, the ballot measure passed by a landslide, with roughly 70% of voters in support and 30% in opposition, making the Eastern Band of Cherokee Indians the first area in a Republican-controlled Southern state to successfully act to legalize recreational marijuana—Virginia, at the time it legalized ...