Legalization of Marijuana; Impact on Health and Economy

This is a curious and honest look at the different laws all around the globe regarding sale and use of Marijuana/Cannabis. Also throws light on the health and economic impacts of the same.

Introduction

Cannabis popularly known as Marijuana is indigenous to central and south Asia. Their intended use is as a psychoactive drug or medicine. Since 3rd millennium B.C., Marijuana is also used as a recreational drug or a part of the sacerdotal or ethereal liturgy. Usage of Marijuana has increased since 2013. In 2013 between 128 and 232 million people used Marijuana i.e. equal to 2.7% to 4.9% of the global population between the ages of 15 to 65. The legality of cannabis for personal and recreational use variegates from country to country. Possession of cannabis is contraband in most countries as a result of the agreement in the International Opium Convention (1925). The article here discusses the impact of the legalization of marijuana.

Country-wise laws on Marijuana

In some Canadian cities and some territories of Australia possession of 50 pounds is legalized. In some other countries like Bangladesh, Chile, Jamaica, Czech Republic, Spain, Uruguay and the Netherlands it is semi-legalized and in some others like North Korea and few U.S. states have stringiest prohibitive cannabis laws. Countries practicing forbidding cannabis laws are, China, Egypt, France, Iran, Indonesia, Japan, Malaysia, Nigeria, the Philippines, Poland, Saudi Arabia, Singapore, South Korea, Thailand, Turkey, Ukraine, the United Arab Emirates and Vietnam.

Effects of Marijuana on Health and Economy

Legalizing Marijuana would explicitly beget addicts, but the flip side of the coin is that this would generate revenue worth hundreds of millions. National income would receive a significant boost if marijuana use was regulated in the same way as tobacco. Legalizing would not just generate high tax revenues but would also create many job opportunities. Also, limiting the demand for an illicit drug by making a licit supply available from a legally regulated market would create stability and place in drug producing nations.

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Marijuana also possesses rich medicinal value; it can kill cancer cells, be it the flower or the oil. Epilepsy, along with pain from AIDS and nausea from chemotherapy, glaucoma, Crohn’s disease, muscle spasms related to multiple sclerosis are also some medical problems that marijuana tend to alleviate.

Marijuana addiction stands at a lower rate when it comes to coffee addictions. Marijuana is 114 times safer than alcohol, casual use by adults poses little or no risk for healthy people and its effects are moistly euphoric or mild, whereas alcohol turns some drinkers into bar room brawlers, domestic abusers or maniacs behind the wheel. Also, cannabis has never been directly linked to any serious disease, the way tobacco has cancer or alcohol with cirrhosis. Even the lungs don’t seem to take much abuse from marijuana.

Conclusion

Legalization of Marijuana would in no way create a situation of a crime epidemic. Further, it is a noticeable point that most people now think that Marijuana is bad for health so legalizing it would definitely not encourage youngsters to try it out. Legalizing Marijuana would fast recharge the economy. It is not Marijuana but the illegal market, with no standards, regulations, or price controls that pose a menace to public health. Legalization with adequate regulation would help combat teen marijuana use. The more one examines the evidence, the less it seems there is any reason at all for Marijuana prohibition to remain in place. After all, legal substances can be controlled in ways illegal ones cannot.

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