Please tell me your thoughts on the subject!
The legalization of marijuana in Colorado has been overall good for the economy. As an industry it provides millions of tax revenue dollars to both state and local funds. In addition to providing the funding for the licensing and regulation of the industry, the funds are used for a variety of benefits such as education and treatment programs that might otherwise go unfunded. Legalizing marijuana on a national level would expand the revenue benefit to a federal level through the provision of jobs and tax revenue. In addition, legalization on a federal level would enable marijuana companies to list their stocks on all U.S. exchanges and enable investors to invest in a manner similar to the alcohol industry.
One of the drawbacks to the marijuana industry in Colorado has been that like cigarettes, marijuana smoke has been found to be carcinogenic. While THC has been found to inhibit carcinogens, researchers warn that marijuana smoke is still carcinogenic. Another drawback is the potential for abuse and addiction. Research has found that the THC levels has increase as much as 300% since 1960. The effect of this is to increase intoxication-related risks such as car crashes. The state of Colorado has identified this as a growing trend. However, overall, the legalization have been of benefit.
Anderson, L. (2018) Marijuana: effects, medical uses and legalization.
Colorado Department of Revenue (2018) Marijuana tax data. Colorado Department of Revenue.
Colorado Division of Criminal Justice Publishes Report on Impacts of Marijuana Legalization in Colorado (2018) Colorado Department of Public Safety.
Denver Women’s Recovery (2018) What it’s like living in a state where marijuana is legal. Denver Women’s Recovery.
The legalization of marijuana in Colorado has been overall good for the economy. As an industry it provides millions of tax revenue dollars to both state and local funds. In addition to providing the funding for the licensing and regulation of the industry, the funds are used for a variety of benefits such as education and treatment programs that might otherwise go unfunded. Legalizing marijuana on a national level would expand the revenue benefit to a federal level through the provision of jobs and tax revenue. In addition, legalization on a federal level would enable marijuana companies to list their stocks on all U.S. exchanges and enable investors to invest in a manner similar to the alcohol industry.
One of the drawbacks to the marijuana industry in Colorado has been that like cigarettes, marijuana smoke has been found to be carcinogenic. While THC has been found to inhibit carcinogens, researchers warn that marijuana smoke is still carcinogenic. Another drawback is the potential for abuse and addiction. Research has found that the THC levels has increase as much as 300% since 1960. The effect of this is to increase intoxication-related risks such as car crashes. The state of Colorado has identified this as a growing trend. However, overall, the legalization have been of benefit.
Anderson, L. (2018) Marijuana: effects, medical uses and legalization.
Colorado Department of Revenue (2018) Marijuana tax data. Colorado Department of Revenue.
Colorado Division of Criminal Justice Publishes Report on Impacts of Marijuana Legalization in Colorado (2018) Colorado Department of Public Safety.
Denver Women’s Recovery (2018) What it’s like living in a state where marijuana is legal. Denver Women’s Recovery.
Last edited: