The continued criminalization of marijuana flies in the face of the many benefits associated with legalizing weed. Here are the top three benefits of legalizing marijuana.
The Economic Benefits
One of the main reasons people support legalizing cannabis are the economic benefits. Simply put, legal marijuana is big business.
How big? According to a 2013 report from the ArcView Market Research group, the legal marijuana industry is worth $1.53 billion, and that was in 2013; in five years ArcView estimates the industry could be worth $10.2 billion dollars.
And just think about how much the market will expand marijuana is legalized across the country. In fiscal year 2014, Colorado collected $58 million in taxes, and they expect to see that grow as time moves on.
A Calmer and Happier World
In our fast-paced modern world, stress has become a killer, sometimes literally. However, marijuana has proven to reduce stress and create a happier, calmer state of mind.
By legalizing weed, it also reduces crime rates. 42% of all drug related incarcerations were simply for the possession of marijuana – costing tax payers an estimated $3.6 billion dollars. Not to mention how legalizing marijuana is hurting Mexican drug cartels.
Helps in the Fight Against Cancer
One of the most shocking (and fully documented) positive effects of marijuana is its anti-cancer capabilities. Multiple studies have shown that the “cannabinoids” inherent in marijuana slow cancer cell growth, destroy current tumor cells, and help treat fatigue and pain symptoms.
This breakthrough became apparent when Cristina Sanchez, a biologist at Complutense University in Madrid, exposed cancer cells to tetrahydrocannaboinol or THC. When exposed to THC, the cell would wither and die.
Her results were backed up by similar results at Harvard, in a study that showed THC was devastating against lung cancer cells. Other studies have shown positive effects against breast cancer.
This past week, Oregon officially enacted Measure 91, legalizing recreational marijuana, joining the likes of Colorado, Washington, Alaska, and the District of Columbia. Time will demonstrate further benefits of legalizing marijuana, especially as the stigmas related to weed subside.
Take advantage of these benefits and find the best deals and dispensaries near you.
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