What happens to a country's economy if marijuana is allowed to be used?
When it comes to marijuana, various responses are given by the community. There are those who think that marijuana will damage the mind and cause the crime rate to increase.
There are also those who claim that marijuana relieves the stress of life for a while, does not cause harm and does not give an effect that is too bad compared to cigarettes.
However, in this article, the author does not want to discuss about it but wants to share the effect of marijuana legalization on a country's economy.
In 2012, Colorado and Washington became the first states to allow recreational use of marijuana.
So what changes took place after marijuana was allowed in both states?
The first change is the increased vehicle accident rate due to high cannabis use. However, the death toll from accidents caused by marijuana is lower than those driving under the influence of alcohol.
Moreover, the crime rate in Washington dropped to its lowest level in 40 years while Colorado recorded only 2.4% of criminal cases.
In California, the legalization of marijuana for medical purposes has reduced the crime rate by 15%, burglary cases by 14% and murder cases by 10%.
From an economic point of view, after the first four months of legalizing marijuana, Colorado earned US $ 10 million in income tax.
When the initial agreement on legalization is signed, a total of US $ 40 million received through the sale of marijuana will be used for school allocation as well as narcotics education for the younger generation.
The cannabis industry in Colorado has also added employment opportunities to over 10,000 new employees.
The US is also seen to have saved costs of about US $ 12-40 million after stopping operations to combat individuals or parties who own marijuana.
Disclaimer: This article does not endorse or encourage the use of marijuana and is merely a sharing of facts..
