Tuesday, January 10, 2012

My Economic Case for the Legalization of Weed

The matter of the legalization of marijuana continues to steer its way into the spotlight, and I have previously provided my liberty-driven argument to make marijuana legal. This particular dispute can be handled from several avenues, of which this article I would like to strike it through an economic point of view.

Low Supplies, Higher Demands Equals Increase in Firearms

The main trouble with these sorts of policies is that the marketplace is dictated by supply and demand, certainly not whether a substance is legal or not. It's really a basic principle of business economics that when there is a need to be met and income to be made, there'll be a business owner or entrepreneur to capitalize on such an prospect.

The earnings in an unlawful industry is tremendous. Trying to stomp a greatly demanded product out of existence is only going to send prices soaring. The reason being that competition is small and well-defended. Such resulting high profits lead to substantial funds to buy bigger crops, more hired guns, and deadlier firearms.

Take a gander within the US-Mexico Boundary along with the gruesome images generated from that highly contested area. These types of drug cartels are utilizing high-powered rifles and automated weaponry to guard its cash cow of drug traffic. Anyone that may present a threat to these revenue streams like federal officials or police are taken care of harshly. Innumerable ordinary people will lose their livelihoods as collateral damage.

Stop the Drug Cartels’ Monopoly in High Demand Products

Make marijuana legal and reputable businesses will quickly jump in to capitalize. Violent cartels would no longer have a chokehold over a smaller, limited supply. In other words, these tyrants won’t be able to hold on to their throne of power.

Prices on cannabis would certainly drop which will be notably favorable for users while also becoming a fatal strike for cartels. Through more affordable prices comes diminished profits of those illegal groups. They would not be in a position to pay for and command such powerful legions. Legitimate organizations would likely take the place of gun-toting outlaws.

War On Logic

The war on drugs, particularly against cannabis, fails on most counts of reasonable thought. There isn't any proof that demand is lower in any way as a result of drug laws, yet on the contrary, there are many indicators showing it to be a ridiculous and lethal strategy to handle the issue of drug use.

I anticipate legalization of medical marijuana relatively shortly, especially as my home state of Washington continues to creates laws that could legalize it. I look ahead to it as I feel certain the marijuana market in this area will see considerable expansion and brand new jobs will be created and banning of prohibited substances will once again be introduced as a weak strategy.


Come to The Effects of Weed Network for additional information regarding the positive effects of weed and negative effects of weed, a side-by-side look at indica vs sativa, and information about how to vaporize weed.

1 comment:

  1. Marijuana is not always considered physically addictive. However, marijuana use can become addictive and many people are susceptible to marijuana dependence. Paul Turner

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