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According to former Senator Tom Daschle legalising Cannabis can partially solve US economy’s problems in the short term, and it can even help to stabilise the US economy in the long run.

The Senator has further claimed that Cannabis is an $16 billion dollar industry, and it has the potential to become a $75 billion industry in the long run.

Also he’s acknowledged the fact that Cannabis is approved in 40 states, and if it’s legalised in all the states then it could create much needed jobs, and even the government can benefit from the taxes levied on it’s sale.

Last in my opinion whoever wins the upcoming election will not approve this idea instantly, but what do you’ll think can legalising Cannabis can actually help the US economy in the short term?.

Source:

https://thehill.com/opinion/healthcare/515299-one-cure-for-an-ailing-american-economy-legalize-cannabis

It's a weird one based on the article. Also is cbd still legal (with a max of 0.1-0.5% thc)?

I think the police in the US are extremely overmilitarised, they may as well not be separate institutions from what I can tell based on the amount of legal favours the police have there.

Drug prohibition in general is just a way for most governments to prosecute the poor - if you're rich enough you're getting a drug dealer to come near your land: you're not meeting them in an alleyway somewhere. I think weed is much safer than cigsrretes too - and it smells nicer.

The $4bn budget as an argument doesn't sound much though, the US and UK spend about that funding weapons against isil (so they can fight their proxy war with Russia).

For an economy that measures its problems or needs in trillions of dollars, I personally think that $16 billion or even $75 billion would not represent any significant financial benefit. But legalization across the United States would certainly help reduce the crime rate associated with the illegal production and distribution of cannabis.

I don't know what Trump thinks about it, but neither what position does his opponent have - but if 40 states have legalized cannabis use, then the only question is why the rest don't do the same - obviously there are those who are conservative and have the view that legalization of drugs is not in the interest of their state.

The title made me smile:

Yeah, legalize it, smoke the shit out of it, and dream everything would be fine.


4 billion compared to a $966 billion deficit, lol, that will solve a lot.
So, incarceration hurts the job market but the author somehow forgets that they have a 10% unemployment, that those 4 billion are also spent on wages, when this money is not spent a lot of people will simply go unemployed and have to look for one, but when you're looking from the start to redact a biased article, of course, you will forget about it.


Yeah, elections are near let's throw some bs racial injustice stuff to gain a few voters. After the votes are in, let them solve their problems on their own.


What a surprise!
Not against the whole cannabis thing, I don't give a damn if it's legal or not but when you start painting something as the savior of everything it's clear it's bullshit.

Well, it could gradually help the economy of US if the legalization of cannabis would take place for a short run for the price it do could possibly have in the market. But if that would also happen, you would be taking into risk and putting into stake the health and mental issues of people who would manufacture cannabis because you cannot duly assure that once cannabis would be legalized is you can regulate the usage of it for many people would surely patronize it because coming from a categorized illegal doing is you will be allowing it to get legal, surely people using it for a long term are free now to use for they would not have any cases against law once such thing would be passed into congress.

Thinking of saving the economy using legalization of cannabis would just bring a negative impact once it have been done for a long run because you know why, there would be a big probability of income to come but the health of the people would be put into stake for many would surely get addicted whether you say that cannabis have been proven to have health benefits. Yes it do have but that was just a small percentage of the overall composition of cannabis that would be in need to get extracted for medical purposes. Legalizing cannabis would take negative consequences in the future just for wanting to save the economy and make use of legalizing cannabis as an exit point to solve the problem when it comes to finance.

In my country where a 28 year old girl is under 24*7 surveillance by Narcotic Control Bureau (NCB, India)  who barely traded some 350 gm of cannabis for her bf and brother (also unproven). She is a Bollywood actress and already destroyed her career due to this act!

And here you are plotting complete masterplan to run the $75 billion economy of US by trading cannabis. Dam, thats nuts!  :D

I dont know, may be things are very different in your country. But inhere people has got no chills! It can ruin everything for you.

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Despite the general stuff, I believe there are few of the methods which are now used to extract and synthesise the chemicals Viz., delta-9-tetrahydrocannabinol and cannabidiol, potent chemical constituents responsible for the whole hallucination thing.

Well, this pathway is for medicinal purposes though.

But yeah, sure get some ideas here, $75 bn is huge amount to risk it all.  :P

The fact that I mentioned the second part is because they are already having scientific pathways to synthesis is and they are swiftly using it in pharmaceutical sector.

So the way you have mentioned everything in OP is for illegal use, may be you need different plan to set 75 bn plan.

A point even more important, from an economic point of view, than the health risks of cannabis*, it is foolhardy to declare that opening a couple-billion dollar industy is enough to save a county with a 20 trillion dollar GDP, and even that implies that all the global trade will be conducted by US interests which is simply not the case. At any rate, they are late to this bandwagon and will only get a small slice of the market.

Even more dangerous and silly is to project said market to multiply by a large factor in the long run i.e. making a long term prediction, and hedging the economy against that projection. I mean, don't actually think you can get a few dozen billion dollars share of a market that doesn't exist yet.

In other words, if approved, this proposal will fall flat on it's face when it's time to show results.

*How much is the US health sector losing per year treating medical conditions caused by cannabis anyway?

I think legalisation of cannabis can help economy of US right now. US are loosing a lot in their investors, due to the lockdown, it's time for their government to take a risk to legalized cannabis to give life to their economy.

How did you come up with this ridiculous idea, well would you also postulate that the U.S. government start trafficking drugs to also make money from it to restabilize the economy? Wannabe economic experts have been on the rise since the pandemic with all sorts of panacea to the fallen economy and inflation, but if many of their suggestions like this one on cannabis be implemented, it'd have more cons than pros.

Imo, there's no policy the government can implement to revive the economy as fast as people want, any of such policies, like printing more money as we've seen already will have major consequences on the economy in the long run, as the nation continues to gradually open and businesses restart, the economic situation will slowly start it's recovery process, legalizing what the government considers illegal is not an option to revive the economy.

I agree.  :D
I like the smell of it rather than the irritating cigarette smoke.

I don't really know why they are taking long talking about it.
That damn weed is medicinal and it's pure. While with cigarettes they put so many chemicals that you won't even recognize if there is still tobacco there.
Just like vape, are the big tobacco companies behind the slow approval?
Maybe. 70 percent.

Think about prostitution and all other drugs. Just imagine how they "can help economy of US right now". What are both turnover per year? Probably many times more than current deficit. Just make them legal for few years, cover with taxes and voila, your country is the richest one.

Can legalisation of Cannabis help US economy? Most certainly, but it's not some kind of magic cure as its portrayed in the article. It's step in the right direction certainly and full legalisation is imminent, sooner or later.


+1

This so called war on drugs that started with Nixon is nothing but a joke that had no positive effect, costs shit load of money both directly and indirectly and didn't bring anything good to the people, except to the prison-industrial complex in the United States.

I know many people would consider buying cannabis for medication because it can help people to relieve their stress, to sleep better at night and to reduce anxiety. But I don't see legalisation or selling cannabis would help the US economy because the only thing what the US economy needs is a vaccine to stop the pandemic of the COVID-19 to resume the productivity or for people to have jobs again.

CBD is definitely legal in my state, though I don't know about the maximum THC content can be, if any.  I don't live in a state where marijuana has been legalized. 

Yep, you're right about that--but luckily the youth of today are realizing this and are fighting back against the militarization of police (and cops in general) all across the country.  Though I don't agree with a lot of their demands (like complete defunding of the cops), it's great to see all the protests happening.

As to the topic, I do indeed think making cannabis legal can help the economy, and I wish it was legal in all 50 states with minimal restrictions, or at least not more restrictive than alcohol.  The tax revenue certainly could help the government fund all this money printing and stimulus and everything else they're doing to dig the country into a hole that our kids and grandkids are going to have to dig themselves out of.  And yeah, there's a possibility that it would create jobs, but I think the taxation would be the primary benefit.

It is surprise to me that cannabis is a legal industry in 40 out of 50 USA states. It could take a decade to rebuild industry that was prohibited for over a century.  But overall this cant be a saviour of USA economy. Many other much bigger things will have to go right for that.

In the early stages, it would be more about transitioning away from the informal, black economy and towards the formal economy than about actual growth. Cannabis already accounts for a massive underground economy, informally employing millions of people, or formally employing them only at the state level. They're just not paying federal taxes or complying with federal law.

So first comes the transition out of the informal, black economy. Displacing street dealers and brokers, illegal pop-up weed clubs and farmer's markets, illegal growers who will have a harder and harder time placing product on the black market, etc. This obviously causes job losses which are to be replaced by large corporate, licensed, taxpaying entities. This is what has been happening in legal markets like California and Colorado, with several giant companies swallowing up much of the legal industry because of the incredibly high state taxes and licensing costs. Adding federal compliance costs will consolidate things even more in favor of the biggest companies.

Eventually, if it were federally legalized, it would bring considerable growth to the US economy. Legalization of medical and recreational at the state level has obviously brought increased demand to the market as it becomes culturally normalized and regular people don't have to buy on the black market anymore. That would only continue. For the federal government that means a growing new base of tax revenue, so I won't be surprised if it gets legalized in the next 5-10 years.


Federally, hemp is technically legal to grow with very serious restrictions. The threshold is 0.3% THC. In many states, it's legalized just like cannabis cultivation. https://www.brookings.edu/blog/fixgov/2018/12/14/the-farm-bill-hemp-and-cbd-explainer/

CBD (if manufactured in compliance with the Farm Bill) was removed from the Controlled Substances list but if grown and manufactured illegally, it's still illegal.

According to DISA Global Solutions, there are only eight states left in which the use of Marijuana or Cannabis is purely Illegal. That means most states really see this as an opportunity BUT it comes with proper laws. People are only allowed to use it medically at some states and on some states, its even subjected to a descriminalized status that lessens the years of punishment by using Marijuana. Some states really did some research to properly use it and that would boosts its economy.

Seeing the people hashtagging legalize cannabis through social media platform even before, I think there's a great number of them and could potentially help the economy If they put excessive taxes on it. Whether for medical or recreational purposes. If the US government put taxes that could easily afford by everyone, well I can say that's a recipe for disaster as more people will abuse the use of this drug.

Of course it can, since it will generate a great income. But the main issue regarding this is the potential abuse for the recreational users. Before passing this bill, for sure there will be measures to limit the use of cannabis.

Firstly, to solve a problem ones actually have to find the source we know the printing of excess money was one of the thing that causes economy meltdown from the get go. The statement made by former Senate Tom Daschle about legalising Cannabis as solution to economy problem is ridiculous, why didnt they stop the printing of dollars to pump the stock market which is what Trump use to do and backed the US dollars with precious metals instead of oil and gas.

Cannabis is an herbal plant that is good for medicinal purposes. If cannabis is legalized, it will certainly stabilize and even increase the country's economic value. This method can be used for export commodities as medical necessities and their derivatives, not for abuse and free to use.

Short answer : NO

Legalisation of Cannabis won't help the economy of not just the US but of any country.

People would for sure be elated about it but there are certain things to consider:

1. This would make it easier for people to get it therefore causing addiction for maybe even 10% of the daily consumers.
I do believe that people think that it's not addictive and in some places people even call it the "medicinal weed" therefore they say it won't medically cause any problem.

But, in reality the usage can cause various disorders which would inturn make it harder to monitor where it's coming from and where it's going.

2. There are many mafias involved in the buying/selling of this particular drug; they would not only cause problems but the government can no longer hold them accountable.

_

Right now it can be medically obtained if prescribed therefore I do believe that's all it should be. With 41,910,114 teenagers in the US ; risking their futures is not how we deal with a crisis..

I don't think it's a good idea to legalize cannabis for the purpose of helping the American economy. Based on the research I have done,
cannabis can have adverse mental and health effects. Therefore, the number of countries that legalized cannabis was not large. I think
Tom Daschle is a cannabis addict, so he really wants to legalize cannabis. Because I've never heard of any politician has such an idea.
And I am curious about what Donald Trump thinks about this idea.

The Netherlands are doing pretty fine with legal cannabis. It supports the local economy, attracts tourist, and helps their people. If the cannabis industry would get regulated the quality would get better - so a plus for the consumers. Also, instead of supporting drug cartels with buying weed, the government could actually tax the sale and make a profit of it.  Growing cannabis locally would support the local economy and offer new jobs. I think long term US should make it legal in all states. California seems to be doing well also with legalised cannabis.

To a Keynesian, money printing is not a problem as long as there is sufficient growth (including wage growth) to offset the effects of inflation. Legalized cannabis can provide that growth. It's a well known fact that prohibition can't completely kill demand for illegal goods like drugs, but it definitely cuts down the size and growth potential of the overall market.

Canada and their legalization of Cannabis can be seen as a good example, in my opinion. When they legalized marihuana in 2018 a complete new business sector began booming. Investors from all over the world saw their opportunity in this "green rush", investing like crazy and creating a bubble that eventually popped in early 2019. The North American Marijuana Index shows this development pretty good. From its ATH it lost around 80% at one point. Canopy Growth, which was once one of the biggest companies in the cannabis sector saw their market cap falling from $24 billion to $6 billion [1].

https://i.imgur.com/5QiZeLW.png
North American Marijuana Index
Source: https://marijuanaindex.com/stock-quotes/north-american-marijuana-index-tracking-top-cannabis-stocks-in-north-america/

And it seems like there is no real turnaround ahead. In fact, it's quite the opposite. The legal cannabis seems to have problems with high prices and poor quality. So even though cannabis is legalized, the black market is thriving in Canada, taking away customers of legal cannabis [1].

So to come back to the title of this thread. I think this shows pretty good that neither will the legalization of cannabis saves the US economy, nor does it justify a blind hype for that business sector.

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[1]: https://www.theguardian.com/society/2020/mar/18/cannabis-canada-legal-recreational-business

Cannabis legalization could help the U.S. economy because global climate change has had an impact on the U.S. The country's agriculture is in danger. Once known as the bread basket of the Middle East the country's farmers are now unable to cope with the changing climate and have resorted to cannabis cultivation to alleviate the economic woes. The government is trying to legalize cannabis considering the country's economic situation as it is possible to cultivate it in drought prone weather and relatively low water. since the cultivation of Gaza has not yet been legalized it will pose a great risk to them.

16-75 billion is peanuts on a macroeconomic level. Even big industries like tobacco or alcohol won't have effect on US economy, US is a highly developed economy with diverse industries, it's not some small and poor country that lives predominantly off one type of industry, like tourism or agriculture.

As a U.S. citizen and someone who extremely pro- marijuana ( if you're not pro-marijuana you're a fucking moron just for the record ) I know for a fact that it can help build the economy.  It will do a great favor for our massive budget deficit that has skyrocketed thanks to President Donald Trump.  There are some issues however.  Here in my state of Illinois the taxation is insane and it will allow for the black market to thrive. 

Here are the tax rates for Illinois.  This should service as a guide on how NOT to legalize marijuana in your state.  The legal markets will NEVER thrive with prices this high. 

As per mpp.org...

"Taxes

At the wholesale level, cannabis products will be subject to a 7% tax when they are sold by cultivation centers or craft grows.

At the retail level, Illinois is taking a unique approach. Rather than a blanket tax for all cannabis products, Illinois will charge a tax rate based on the relative potency of the cannabis and the type of product. The more concentrated THC is, the higher the tax rate:

10% tax will apply to cannabis flower or products with less than 35% THC
20% tax will apply to products infused with cannabis, such as edible products
25% tax will apply to any product with a THC concentration higher than 35%
In addition to these scalable tax rates, the state’s regular 6.25% sales tax rate also applies, along with local taxes of up to 3.5%. The range consumers will pay at the register — which does not include the 7% tax levied at wholesale — will be between 19.55% to 34.75% retail tax, depending on the product’s potency".

There is no short answer to that. I mean we will see it in overall economic statistics of states that did legalize it already in 3+ years or so.
Its really hard to tell what is the economical impact, but surely it will decrease cannabis related crimes, so could possibly bring unexpected profit or rather non-loss

Yeah right, in areas affected by drought you grow a plant that needs infinite more water than corn!
Besides, the whole doom and gloom about agriculture is as usual, false.
https://www.agriculture.com/news/crops/usda-raises-the-us-corn-soybean-yield-expectations

Enoguht to feed China, lol:
https://www.reuters.com/article/us-usa-trade-china-soybeans/china-buys-664000-tonnes-of-us-soybeans-biggest-daily-total-in-nearly-seven-weeks-usda-idUSKBN25Z2CA



Yeah, they don't pay one tax, but with the money they gain they buy stuff from others who pay taxes, so just a level or one step of the process is not taxed.
We had the same thing here when a stupid minister thought that if we reduce the black market by 10 billion there will be an extra income just in VAT ( EU system, we do things differently) alone of  1-1.5 billion, forgetting that the money those guys earn is also spent on stuff, just buying gas here and the government gets 50% of that. So that whole thing is overly exaggerated, the returns will never be that big as they anticipate.

Plus, let's see how much they are going to spend on food stamps:) as I doubt the former dealer can claim unemployment benefits.

Can it? Sure. Will it? Not sure. In the way that cannabis was an illegal trade way before it ever got legal anywhere in the USA, it was a thing that helped people medically as well for a long time too, so in the end we are talking about something that will not be created from brand new, it was already there. Which means all those "profits" were already profits, they were just not legal, that is the only difference.

Instead of some drug dealer making profit, we are not talking about ... well drug dealers but legit kind, like with dispensary and so forth, which means it can be taxed and you won't go to jail in return. So it could help with the taxes which will go straight to families and friends of the politicians anyway, but unfortunately it won't help because of the same reason.

$16 billion is still small compare to trillions of dollar needed to stabilize the economy. Legalizing cannabis must be for another reasons and not to use it as a leverage for economy recovery except the government is considering it with other things for a source for the required money for economy recovery. I understand well that the cannabis has been legalised is some of the states but how much influence does it bring to the economy and growths of those states

I agree that with you cause legalization of Cannabis is not enough to help the US economy and if more correction are not done in the aspect of money printing and federal reserve the same circumstance will always transpire sooner or later.

$75 billion isn't insignificant. It's something like 0.3-0.4% of the national GDP.

More importantly, it's quite a labor intensive industry. If cannabis industry jobs grow by the same factor, that's an additional 1.5-2 million jobs added to the economy, based on current numbers. That's enough to account for 2%+ of the current unemployment rate. That's a big deal.

Why would it?

If it becomes legal, everybody would grow their own plant instead of buying it from someone else.

Cig companies like marlboro will take a hit too.

Making weed legal would be a net negative to the economy actually.

Definitely. I do have the same view that if its legalized then growing or planting your own wont really be a problem.I dont see for this industry to be that relevant or can

really actually help US economy and as said above that the state alone doesnt only rely on few industries into their vicinity.Its just a small number but to know the fact that

it can really affect other industries as well.

I agree your point here. Better look for other options to alleviate the economy. Because this will not help people but will turn more people to be addicts. And I don't think this is good for the society. There are so many ways to address the economy and the government knows better.

The author of the article clearly state that he is with legalizing Cannabis because it will help US economy, create jobs and business and cure some health issues, it looks like Cannabis is one of the issue that will face the next administration if they badly need funds this is a good source of funds the advantages outweighs the disadvantages, if they legalize it, there's a strong possibility that many countries will do the same.

USA is so huge that climate change will not damage its agriculture much. They will just move it elsewhere, if on some areas will be to hot and plant there plants that need less water. Climate change will be devastating for smaller countries. Well not devastating. But will demand for them big changes to take.

We don't yet know, but I'm sure in one thing, our country would take a longer period of time before we come that far. Our president really hates drugs :D. Though already proven that marijuana can be used as an aid for curing different diseases, the government still show opposition against it. And I agree with such decision. Why? Because I'm not confident that no one will abuse it once implemented. It was a form of drug after all, it can cause addiction and ruin one's life. Maybe that's what our president is afraid of.

Wow! Do you think that it is that easy to abandon established farms and re-establish them elsewhere? Most of the farms in the United States have seen heavy investments, in terms of equipment, precision leveling.etc. Not all of these investments can be shifted and some needs to be abandoned. It is going to be a very costly exercise. Also, if the farms need to be setup in the interior areas, a lot of the national parks and national reserves needs to be reclassified to make land available.

Remember that to kill people, it is enough to eliminate schools and make people addicted to alcohol, beer, cigarettes, and drugs.
The legalization of cannabis will create a trend among the population. They will use more marijuana. In the long run, it will affect the health of the race, reduce labor productivity. And so is less developed.
Not to mention that the abuse of marijuana will cause detox organizations to sprout. Thus, the cost of social welfare will skyrocket.
The US economy is weakening, legalization of cannabis is only making the US economy worse.

The legalization of cannabis has only increased drug-related crimes and other social problems such as robbery, drop out of school, illness, economic decline.
I realize that when it comes to legalizing marijuana there will be more harm than good. 100 billion dollars is big, but it's not as big as spending the budget to fix the effects of cannabis.

of course it can help  . we already know that canabis is so indemand , legal or not but much more if it will be fully legal but it can also give bad impression to other because this can cause addiction if over used  . this is 50/50 and this can make or break one's country  so i dont recomend it to them . better if they think of other safer or more legal alternatives .  why u.s is so concerned on thier economy  , are they afraid to be left behind  . thats also not possible because other countries do also improve slower

There are always two sides to this issue and if ever they will legalize it, of course, it may help their economy, but don't expect that it will give a huge impact on the economy since there are still a lot of people who oppose to this. This has been a debate for a long time because of its positive and negative side effects, it may have a good effect but people can abuse it once it becomes legal.

So for me, I would say that if they are just looking for something that could help the economy, why not just focus on other things aside from legalizing cannabis. But it would be fine legalizing it unless you trust the government enough that they will provide enough restriction and there would be no abuse of it.

It will help without a doubt after all we are talking not only about an increase in the revenue of the government by legalizing this industry but we also have to take into account the reduction in the costs of police departments as they no longer need the resources to go against those selling cannabis if it is now legal, this could also have good effects for the prison system that is already overloaded as people that in the past were arrested for being in possession of cannabis will now not go to jail as it will be legal then.

Not a chance. It takes too much time and effort. It will always be only a small minority that does that. Everyone else will prefer buying it like any other consumable commodity. Do you see cigarette smokers growing their own tobacco? A few people do it, but the vast majority buy packs at the store.


They've already bought stakes in legal marijuana companies: https://www.latimes.com/business/la-fi-altria-marijuana-cronos-20181207-story.html

It may be a net negative in the sense that small craft producers will be squeezed out of the market and lots of informal workers will lose their jobs. In the sense of economic output (GDP) I'm sure it would be a net positive in the long run.

As far as I know, there are limits on the amount of marijuana that can be grown at home, just a few plants. And the use is allowed in a certain amount, not exceeding the norm. Therefore, I think legalization implies an increase in the number of states in which it will be allowed, and not an increase in the amount for consumption.

Both, actually.

I'm invested in some pot company stocks so I keep a watchful eye on the market. Data consistently shows that as individual states legalize medical and recreational usage, demand surges. New markets being added every year has thrown the industry into hyper drive as consumer demand for cannabis keeps blowing away everyone's expectations year after year.

COVID-19 has added a new twist too. Months ago, I originally assumed a recession combined with the fact that COVID-19 affects the lungs, would be bad for cannabis demand. The opposite has happened. Huge growth is happening in this sector right now. It turns out that just like alcohol, cannabis is recession-proof. People need their vices, no matter what! And as they spend more time at home alone with little to do and nowhere to go to spend their money, more people are smoking pot now then ever before.

Combine that with the fact that tobacco usage is dropping significantly after years of cultural / media discouragement and sin taxes. A lot of that former usage is heading towards cannabis, which is being welcomed by states with open arms because of the tax revenue it will bring in. All signs point to a very robust legal industry in development. I wouldn't be surprised at all to see a $100+ billion legal industry inside 10 years.

What state are you talking about? Because I think it can change from state to state. Either way a few plants is probably more than you'd ever want as long as you smoke it yourself.


I didn't get your point. So will be good for the US economy or not?

Hell yeah, it depends on the state in America. As far as I know Colorado already legalized it with reasonable extent, does it make the economy of Colorado wealthy? NO, it adds a market then adds to their state revenue not much in the whole America in general.

There are people who buys cannabis for good reason, best example is for short term treatment with diseases that isn't curable yet. I believe this will be good for the US economy to regulate the use of cannabis in every state. Strict regulations must apply!

You clearly aren't a scientist and it doesn't seem like you've done much research on climate change. Climate change effects most countries and part of them the same.  Here in the United States sure we are a large country and have a lot of fertile land but if one are is devastated by climate change that doesn't mean you can just pick up and move somewhere else, that's not how it works.  The United States has also a very diverse climate so much is dessert of colder climates, that makes your logic not work.  Climate change can certainly be devastating to any size country big or small.  This will certainly have a big impact on all countries economies.

That's actually true and having these big investments on the Agricultural Sector has made a big difference for them. They are able to sustain most of their farms and poultry businesses to strive more.

I'm also shocked that somebody thought of relocating farms. That is absolutely a no go idea because its not good to chop up trees just to have some farm or scout a plane area just to plant crops. Agriculture totally depends on climate because some researchers are now being funded to create a better crop producing equipment. Aquaponics is a real good help in this kinds of situations since those kind of things are easier to relocate.  

ahhhh yyyeee!!! someone up there in the senate knows what everybody needs. ya all need to get high! theres no need for farms for marijuana, it can be reproduced indoors, there had been many plantation of marijuana indoors even in US actually.

market from canada and from the south will definitely keep US high all year.  maybe legalize the poppy plants as well while they are up there discussing about cannabis legalization.  its going to make money for sure, US may even import cannabis if there are countries out there also needs to get high.

This COVID definitely made many changes to the world we know.
The US actually was the one who imposed the marijuana ban on major countries and now, kinda funny.

Fat chance given the whole opioid crisis.

In fact, that's another thing playing into the cannabis industry's favor. Doctors are prescribing less and less opiates for pain treatment due to the addiction potential. Imagine if doctors get the green light federally to prescribe marijuana for pain, not to mention all the other conditions it's used to treat. That will bust the medical market wide open. Maybe we'll eventually see the federal government subsidizing cannabis prescriptions the way they do conventional pain meds, who knows?

helping the US economy?  I think that's for sure even though it won't contribute much.  but for health, the benefits have already been felt..

not just in the short term, it could be a major future US industry. Marijuana is a non-addictive substance and it also doesn't harm our brain, it just helps us relax and doesn't get too stressed. Thanks to that, the cannabis can reduce many ingredients addicted to drugs or other addictive chemicals. Maybe the future canabis will have a huge effect and it will soon be legalized in the future in all countries. Americans are sure to make a lot in this new industry.

The legalization of drugs can reduce the transactions of darknet so the government will make taxes from the legal consumers and it will be okay if the approved amount to sell per person says below the amount to make someone addicted to it.IMO, I don't want these things to be legalized because it will pave way for lot of people to consume drugs with no issues and it may harm the economy in the long run.

Of course! It will be good in the sense that this business from the shadow and criminal business became an ordinary business (sorry for the tautology), and also related to medicine.

I don't think it's a good idea to legalize Cannabis to help the American economy. As we all know the psychological effects of Cannabis
can cause schizophrenia, which causes euphoria to hallucinations for the user. So it's very risky to legalize Cannabis, I think there are
many better ways to help the American economy than legalizing Cannabis.

I think it will to some degree but not completely.
Cannibis slows down the mind in long run if cannibis is consumed then it can lead to addiction for most people.
However US's economy really took a bad hit.

   
   I think that effects of smoking Cannabis is important here. People use it and we can't forbid people to use it, legal or illegal
people smoke pot. But why to be illegal, when if it's legal it will be better for everyone. Do you know how many non-violent
offenders there are? Instead, country to earn from legal Cannabis and everyone to be happy we have countries that arrest
people for smoking pot, and in that way they spend tax money for nothing.

I don't think it will solve the problem but it can help.

Legalization means less dirty product on the street, people not getting arrested for possession which means less time spent on chasing and processing them by the police. The police would be able to focus on real crimes instead of chasing kids.

I also don't think that alcohol is less addictive or unhealthy than weed. If alcohol is legal why not weed?

Commonsense doesn't work, when people who are brainwashed by radical religious views hold power. Ideally weed should have been legal all over the world. Not because more harmful substances are legal, but because it is the individual choice of a person to use it or not. Slavery to organized religion has made us to believe that for the betterment of an individual, the authorities should curtail his liberty and dictate the terms of his private life. 

Legalization of Cannabis is not that easy to achieve especially if the government and its people is not open-minded to do it. It is true that cannabis can be abused because it is addictive, although its benefits in our health our really good and essential but we need to consider other factors such as addiction and crimes. I also want cannabis to become legalized and be regulated properly so that there will be no conflict towards it and its people. Also, cannabis will surely help the economy grow because as we are not seeing those people making transactions with it, there are people who are rooting for a legal transaction of cannabis in the market which is really hard to see in the future.

Yes this is an easy quesiton, the legalization of Cannabis will certly help the economy of all the states. I believe in this legalization because in this way all the citizens will pay taxs on it and those will go to help the sanitary system, schools, events.

The legalization of cannabis can obviously reduce the crime rate, as the business will move away from the street gangs. There may be some impact on the incarceration rate as well. It will have a minuscule impact on the government tax revenues. So I would say that the legalization may help the society, but I don't think that it can have a big impact on the economy.

Health is already something very important, it is very sad that everyone thinks weed is something that makes you high and that is it, there is really no downside to it when you compare to tobacco for example, and tobacco has been legal for a long time. Obviously you could make laws like "do not smoke and drive" type of situations which is important, however if people can drink beer or smoke tobacco and you think weed should be illegal you are really not well versed in weed itself. Some people even think that big drugs like heroin or cocaine is actually on the same class as weed which it is not.

The real sad part is, while weed is getting more and more legal, we have thousands of people in jail for selling weed back in the day when it was illegal, those people should be let go as well when it becomes legal.

If the concern is just to help the stabilization of the financial sector to help the US recover from the great loss brought by this pandemic and what they can see as a way to deal with it is to legalize cannabis which will potentially make a big entrance of money, then I guess it would be possible to help the US economy but that would be just if the concern is about financial. But how about the sake and welfare of its people? Yes, it is also a must that people's health must be in concern for there is just a small composition of cannabis that is good for the health and improper usage of it would make a worst scenario of addiction. The problem could be solve with regard to financial but the health is at stake, then such action would be senseless.

I think it is too late many states have legalized cannabis already and the tendency is for this number to increase, an I think we are seeing similar tendencies all over the world, as such it is impossible to stop and while no market is big enough to completely erase the crash we suffered because of this pandemic it could help alleviate some of the worst symptoms of this crisis by creating new jobs in an economy desperate for them, however we need to be careful there are many that are pushing for an increase in the number of substances that are now illegal to stop being so and this is a dangerous attitude since there are drugs that are extremely addictive that should never be legal.

Buy who is going to buy weed from someoneelse when it is legal to grow your own? It doesn't make sense to me. I don't understand its medical aspect neither. I believe there are many alternatives to THC as painkillers.

I am also not of the opinion that THC is a miracle cure. But at the same time, there should be freedom to chose between various options. Those who want to use painkillers from big-pharma companies can do that. But those who want to use cannabis oil as a painkiller should have the liberty to do that as well. Also, even if it is legal to grow the plant, I don't think that a lot of people would be doing it. Growing and harvesting the plant takes a lot of time and effort. Rather than doing that, a lot of the users would just purchase it from the shop for $10 or $20.

It is too obvious that cannabis do really have a lot of consumer due to its benefits and it will surely become popular in the market.

There are a lot of people who are pushing, protesting, and rooting for Cannabis to be legalized and open to a certain country. The only thing that will possible make it put into place is its regulation to prevent addiction and illegal transaction in it. What matters the most is that, people who needs it medically will not have any hassle using and buying this whenever they need it and businesses will surely have an upward movement in its demand that can make the economy grow.

People think that when you make weed legal it will suddenly be enough to cover all the expenses but in reality USA is in big trouble and just one more sector will not be solution to anything. Obviously it is money generated for the government, they tax it now instead of spending money to prevent it (which they still do in some states) which means not only they do not lose money on it, they make money on it, and this makes people think that many problems could be solved thanks to this move.

However reality is we are talking about over 20 trillion dollar debt and such a horrible inflation very soon, how could just weed sector handle such a huge task to overcome that much trouble? It can't, not alone, it is not possible but it is surely a small help for it.

I think cannabis, similar to alcohol, tobacco, and gambling has a significant revenue (tax) potential for the country. It's just a matter of weighing pros vs cons and AFAIK cannabis is less harmful than tobacco and alcohol. That said, it should be fine if and only if the study (about cannabis health and safety) is correct.

Okay, let's stop on cannabis since other substance like cocaine and stuff are way more dangerous. IMO if tax benefit outweigh the addiction problem and reduce in productivity (because of addiction) or perhaps increase in productivity, cannabis should be legal.

Your points are valid. But then the topic is on how the legalization of weed can help in the recovery of the American economy. No one is claiming that this sector alone can rescue the economy, which looks to be in a very bad state right now. The COVID 19 pandemic was like the last nail in the coffin for the economy. The government was doing all that it could, to keep the federal debt under $20 trillion levels. But with the stimulus measures that were necessitated by the pandemic, it can easily go to 23-24 trillion USD by the time of the POTUS elections.

I think legalizing marijuana can boost the US economy for a short period of time ONLY. And will not sustain economic growth in the long run.

Sure, it will have a lot of sales at first because whether we admit it or not, there are many people using it discretely for entertainment and leisure purposes. Another thing that will benefit from its legalization is the health sector since it is used for medication of various diseases. However, if it will be legalized, they can’t totally monitor where it will be used for. It can definitely be abused which is why it isn’t legal yet. Not just in US, but also in majority of the countries in the world.

It can have its small good impact for the economy of US for the time being it will be legalized, but it can also bring a lot of headaches and problems. The government can’t really regulate it fully because people can find ways to get what they want. If they can buy marijuana now it isn’t legalized yet, what more if it’s already legalized by the state. They can always make their reasons to escape a questioning.

Legalizing marijuana isn’t the best possible solution to bring back the glow of US economy, but the vaccine to mitigate covid-19’s local transmission. Strengthening the different sectors and industries, and providing answers to existing problems should be the priority to stabilize and boost the economic growth again.

One way or another, not only in the United States, but also in other civilized countries, soft drugs are sold and, no matter how law enforcement agencies interfere with the illicit traffic in cannabis, they still sell it, and demand is not only growing, but it is also stable. The fact is that kpnabis is not worse than alcoholic beverages, and this is a fact. I believe that with the legalization of cannabis, the state budget will receive a lot of money and this business will be controlled by the state, and not by criminal organizations.

Can reduce the crime rate for sure but it will reduce the working of the population as marijuana consumption reduces the working of the brain.
And this can also create marijuana addicts, people can always meditate rather than relying on a substance to keep them high.
Unless it's recommended i condone the use of marijuana.

But is the legalisation of cannabis across the US really going to bring a lot of new people to use cannabis? I would assume the people who want to take weed are already doing so today. You can buy it any big city even though it's illegal. Just look at the Netherlands for example, you have plenty of coffee shops across the country and only a few dutch people actually smoke. Most of the visitors are tourist. I believe that making cannabis legal would also make it less interesting for kids to try it, when it's not illegal anymore it loses it's charm.

A lot of studies have been done on this aspect, and it was found that legalization may cause an increase in demand for a very short period. However, after the initial euphoria is gone, the demand nosedives. And within a few months, the demand will decline to a level, that is lower than what they had earlier. You are right in saying that when something is no longer illegal, it loses its charm. 

It's downright amazing how all these republicans who used to extol the dangers of cannabis have now come around and are advocating for legalization now that they stand to profit from it.  To be clear, Daschle is on the advisory board of Clever Leaves, a cannabis company.  He stands to profit personally from legalization.  So to recap, before he could profit off legalization, it was bad.  Now that he can profit off legalization, it's good.  This guy's a hypocrite specifically because the arguments that legalizing cannabis would help the economy and boost tax revenues was not persuasive to republicans before they all started getting on the boards of these companies, and now they're using those same arguments they used to not believe because it will enrich them personally.

actually cannabis is a commodity that is in great demand by many circles ... but unfortunately too many abuse this object so that it needs to be limited and regulated by the Government by only being used in the health sector and the like. If indeed cannabis can make the economy productive, it will greatly help the US Economy. but the negative impact is no less troublesome for America

I'm interested in this, because this is contrary to what I've seen.  Desire for alcohol didn't drop after prohibition ended and it became legal again.  Similarly, Colorado has legalized cannabis since 2014, and demand hasn't dropped off there either.  July was the biggest month yet for sales in Colorado, and that's despite the Coronavirus restrictions:  https://www.denverpost.com/2020/09/15/marijuana-sales-record-200-million/

Also, Oregon has also had legal cannabis since 2015, and set back to back sales records in March and April of this year, also despite Covid restrictions:  https://www.kgw.com/article/news/health/coronavirus/oregon-sees-record-breaking-89-million-in-marijuana-sales-for-april/283-fae5cbc4-0d25-4936-b749-bf049a408270

I think initially there is a huge spike in demand that might wane immediately after, but I don't see demand dropping to before it was legal.  Colorado and Oregon are two particular instances that suggests otherwise.

Legalization of cannabis as a whole thing? Meaning that everyone or anyone can have a legal access on it? I think it would cause another trouble. Yes it might save up the US economy due to high demand of cannabis and the price value it have, surely it would help with regards to the financial problem of the economy but the consequence would be the other problematic one. This is all due because the effect of cannabis would take in place even for a short period of legalization. The financial problem would be resolved but another health related problem would arise concerning mental health for abusive usage and consumption once it become legalize. But if there would be certain regulation coming from the government on how clearly it would manage the legalization like it was only limited for health groups for it is said that cannabis have that certain composition helpful for the health. But if everyone would be accessing it openly, I think that would make trouble seriously.

Daschle is a Democrat, but to be fair the Democrats have always been almost as anti-marijuana as the Republicans. Both parties have traditionally been in the pocket of drug companies who have every interest in keeping cannabis illegal.

Here is the important thing: he isn't just on the board of a pot company. Like most former legislators, he is a paid lobbyist. He's working for the pot companies through his law group at mega lobbying firm Baker Donelson. And that's the problem with the American legislative system. The whole system is a revolving door between lobbyists and legislators. If you want to change the law, you need to shell out massive payments to lobbyists like Daschle, who can grease the wheels through his legislator cronies.


That's how all legislative questions break down: who profits? Once you find your answer, you'll find who is behind the passage of the law. Cannabis companies are becoming a powerful lobbying and campaign fundraising force. The mainstream drug companies, at some point, won't be able to pay lobbyists and politicians enough to stop them. And that's how anti-marijuana politicians become pro-marijuana politicians. The supporters lining their coffers change.

Ah fair point on the correction, my mistake on mistaking Daschle for a republican.  I was thinking of John Boener, who was anti-marijuana while he was Speaker and in Congress and now is a big advocate for legalization (surprise surprise, he's on the board of a MJ company) because he said he views have "evolved."  Read that as, he's now going to make a lot of money under legalization, whereas before he wasn't, and that's what we call "evolution."

It is going to take a while that people get used to the fact that people could actually smoke weed right in the open and nothing will happen because it is legal, that will take some time in people's minds because there are still some 60+ year old white old ladies who will see some black teenagers smoking weed and they will all still think racist stuff instead of just couple of teenagers having some fun. Think about it this way, in 60's there was civil right movement and blacks tried to get same rights as whites and even today in 2020 there are riots about how cops kill blacks, these things take time to go away, sometimes never.

So, weed has a long way to go before it could actually be alright in the eyes of many, I am not sure if it could help but it will surely get better over longer period of time.

That is true for sure, if the government should legalize marijuana and other weed stuffs, it’s going to benefit the economy in many ways, but I think the reason why they don’t want to legalize it is because they are trying to protect people from substance abuse. If they should legalize it it’s going to help the economy in so many ways and the first thing is that the cost of law enforcement will be reduced drastically, and instead of investing all those money in law enforcement, the government will then be able to invest the money in the other areas that’s going to help benefit the economy.

The main question is about legalizing what kind of marijuana we are talking about. Still, we understand that it is bought in those varieties where the THC content is quite good and which has just the effect due to which cannabis has already spread.
No one will legalize cannabis with THC of 15-30% or more because it is clear to everyone that they will be behind this. They will cost very small amounts which in the end will not significantly affect the black market of drugs and will also create additional loopholes for corruption. Legalization is not bad of course but whether it should be considered as a salvation and panacea for the economy is the most controversial decision.

The problem we are facing is systemic and it is not only happening in the US since most countries are heavily indebted, meaning that sooner or later all of the creditors at some point will want to get paid and for the most part the only option from governments will be to sell most of their resources which will lead to the privatization of many public services and it will lead to inflation as countries find no other way to solve their problems but this will ruin the economy of the country for generations to come.

Of cause it can help in a short term just like it was in Colorado or Washington. There are numerous economic benefits of legalizing cannabis: increased tax revenues, job growth, and investment opportunities.

Legalizing cannabis could make America worse and worse. A part of teenagers will be exposed to more marijuana sooner.
Race degradation, a high-risk health threat. The consequences will be seen in 50 years if they intend to do it now.
We must estimate the economic efficiency and welfare costs of cannabis addicts.
The majority of countries ban marijuana and drugs, they understand its harmful effects. This would be a controversial proposition.

Once they legalized the use of it a lot of people not only teenagers will be exposed to it and it will have a bad effect in the long run, in the short run we may see growth in job offers, taxes and more that will help the economy but imagine how many people will abuse using it, people's future might be in trouble or should i say the country's future might be in trouble, legalization of it may bear problems in the future that will trouble the government. Its has its pros and cons but we shouldn't always think about the pros, the cons will be heavier to deal with in the upcoming years if it happens to be legalize

It will usually depend on the government of the country to get legitimacy if the government supports it but it is better not to give legitimacy it is a kind of drug which will lead our youth to the path of destruction. It will not help the economy to improve but it will bring the economy down a lot without proper connection to the law the country will become a drug that's why i think legalizing cannabis helps the us economy but is a threat to other countries.

I am against this.

I know that this is a medical drug that can be used to patients but legalizing it as a recreational drug could open opportunities yes, but would affect the country as a whole. That might affect jobs, would potentially increase the crime rate and I am not just talking about an increase but a massive increase that could also affect the country negatively.

Definitely. Export prospects are good and this will help improve the deficit of the U.S economy.

"Path of destruction"? Dude, you don't know anything about weed. Almost half of the world's population have consumed weed at some point. Did all of them got their lives destroyed? Weed is increasingly getting legalized all over the world, because the governments have realized that they are no more harmful than tobacco or alcohol. Infact weed as a painkiller is much more effective than all those synthetic painkillers available at the market.

Thats will be the main problem when that time comes. Criminal activities will increase as this drug can be used anytime, as guns are so normal to own in US, it will be a good pair in my opinion.

The consequences are clear, putting economics above the health of the entire society is not a good way to develop in the long term and sustainably. The pandemic showed the nature of capitalism and the capacity of government. The countries that look down on disease prevention are the ones with the highest cases.
For the legalization of cannabis too, the careful calculation is needed. An economy like the US only needs to miscalculate the legalization of cannabis, the consequences are huge as I have analyzed in the above article.

I don't agree. In countries such as Uruguay and Portugal, the crime rates went down sharply after the soft-drugs were legalized. On top of that, the deaths from overdose also went down. And you need to remember that the vast majority of the overdose deaths in the US results from prescription opioids and not from the illegal narcotics. And regarding guns, in a majority of the criminal cases the weapons used are not legally registered.

What I am saying is that with the drug being legalized I think more crimes with a gun might increase considering the percentage of people that own a gun in the US. It is said that 30% of the people in the US own a gun, legally or illegally that would affect the user when using the drug, also we're talking about the crime rates here not the death rate.

I thought it wouldn't be like this...
from what I read, cannabis is one of those drunken culprits if one uses it but does not make someone aggressive, different from opium or cocaine which makes its users aggressive. As far as I know the Netherlands is one of the countries that legalizes marijuana but does not have an increased crime rate because of it.

In that case, I don't think that soft-drugs such as marijuana will have a greater impact when compared to alcohol. A great percentage of crimes, including gun crimes are committed under the influence of alcohol. So there is no real justification to ban marijuana, and at the same time make alcohol 100% legal. All that said, it is wrong to blame either drugs or alcohol for the crime. Blame the people who consume them beyond the limits. The vast majority of marijuana and alcohol users consume these substances in moderation, and they never cause any trouble for anyone.

The legalization of cannabis is as a result of inability to prohibit the use, so government proffer a regulated use: I expect such use to manage the quantity available in the form provided for the market. Cannabis is not the only drug that increases crime activities, alcohol does too but research showed that excess use of the drug result in most of these crime but how do we control excess use also. Excess quantities varies in individual

The fact is that the implementation of cannabis can be considered with certain restrictions. In addition, one must take into account the benefits that cannabis provides for people who have not only psychological, but also physical problems. If we consider the strength of the narcotic substance contained in cannabis, then it is practically comparable to alcoholic beverages. if cannabis is banned, alcohol must be banned.

I have heard about the narcotic solution in Portugal, they diverted their focus on eliminating the drugs instead they put their efforts in rehabilitating the people that uses it, it was effective as people was getting an effective rehabilitation. Regarding gun violence having a connection to drugs, if weapons manufacturing and regulated with iron hand restrictions, I think it will be effective. The perpetrator weapons are mostly illegally possessed or the requirements to get it is as easy as buying into the store, there is a difference.

I do not have a stance against cannabis yet because there are still few researches and studies that are solid about the benefits of recreational or medical use. I think there is no long term study on the effects but if there will be I hope that the US consider legalizing it because it is an oppurtunity that has been slipping between their fingers for a long time now. Legalizing also meant that prison population will considerably decrease as many are imprisoned because of possession of marijuana.

You are forgetting the fact that alcohol was banned in a number of countries earlier. Prohibition in the United States was in place from 1920 to 1933, and was enacted due to pressure from the church. It was a disaster. The alcohol was available in every nook and corner, but the only difference was that the trade had gone underground and crime rates had increased by manifold. Fortunately, a secular government removed this stupid measure in 1933 despite objection from the church. Today's scenario is not much different. The church is in the forefront of the anti-cannabis movement.

Doesn't mean it will be legalized means all of the people could use it.

Obviously there will be a limitation to the people who are using it. They could just let them use these drugs in medication, just to treat those people who really needed it. They will not be legalizing this if they will not be thinking of the obviouse consequences that would happen in the future.

A lot of people, especially those who are suffering from cancer and other serious ailments would like to use cannabis oil (Cannabidiol). There is a widespread belief that it is very effective and it has less side effects. Also a lot of people say that Cannabidiol is not as addictive as some of the synthetic Opioids. Actually, if Cannabidiol is legalized then it can prevent tens thousands of deaths. Last year, around 50,000 people died in the United States as a result of overdose from synthetic opioids.

Does that mean that they can't actually use cannabis?

I mean they couldn't use cannabis even if it is for medical purposes? Isn't that bad since there are a lot of people that needed cannabis and without that they would be exposed to other things that could affect their health just like you said about the overdosing to synthetic opioids? I thought people could use cannabis despite the ban of it as long as it is for medical purposes.

The issue of cannabis export is rife in my country and it has just been discovered that cannabis is one of the national fostered plants as stated in a regulation issued by the Ministry of Agriculture because it is categorized as a medicinal plant. But although it is believed to have positive benefits for the body, cannabis also causes damage to the body, especially the use of its leaves which are consumed directly which can cause delusions and hallucinations. The potential for mental disorders caused by the use of cannabis is a sufficient reason for banning its use without a doctor's instructions.

Cannabis is a plant! Making some plant legal or illegal is crazy, but it's happening around the world for decades...
https://i.postimg.cc/8knZY80x/Ei45g-XPU0-AEKSIu12.jpg

So the question is not "Can legalization of Cannabis help the US economy?" Economy is nothing compared with people and nature around, why we force economy at the expense of people and nature around?!
https://i.postimg.cc/gc5KDVwW/Eiyk-Ype-U4-AA1p-Zv.jpg

Question is:
https://i.postimg.cc/6Qv7BZWd/quote.jpg

DYOR before you create opinion about something! Don't let others (governments, rules, regulations, medias...) shape you how they want you to be!
https://i.postimg.cc/8k6Vwbyd/Eixfu-Fu-Vo-AAAt-FS.jpg

No. It is not legal.

Only in countries where it is legal to use medical marijuana, you can do that. In countries such as Malaysia, Cannabis is banned. And this ban covers both medical and recreational usage. If I am not wrong, Malaysia recently sentenced a few people to death for using cannabis oil as a painkiller. In such cases, you will be forced to use the alternative (synthetic opioids), although they are not 100% safe.

Economy is made to be like that, human race would never allow the whole world and all policies to be good, that is why economy has always been since the humanity started a way to make sure there are slaves and there are rulers and there are drug addicts. Maybe back in the day it was the places you conquer that you take slaves from, after a while it was not just nationality but also race as well, maybe it was governmentally supported, doesn't matter humanity always had it. Today? Well they can't call it slavery anymore and make you think you have a "choice" but in reality if you can't stay unemployed for 6 months without starving to death, that means you do not have a choice, you are a salary slave, you are still not free, you are definitely forced to be someones slave or die and that will continue unless the poor changes something.

The legalization cant change anything at all. The economy needs to be healed in all fields. A single industry can not make everything become better. The article mislead people the overall economy. Impact of the legalization can not compare with the next Presidential election. New policies is indispensable so as to stimulate the whole country. You need to understand that US economy depends on services and industries. Flowers and drug can not bring more jobs

Being stoned drives people lazy. But at least they might be happy with it. People are really exhausted with the pandemic. Feeling calm and pleased can boost people's optimistic so as they might be more productive for later work.

Hope the next president will have a clear method. After all, government still plays an important role of a country. Wiser the leader is, the better the country's strengh is.

 From the views of everything concerning cannabis you will understand that cannabis is not something we can handle without some certain precautions or measures.

Cannabis in some extent is actually good for some individuals body chemistry due to the process of personal consumption, which another person can't take the same measures of consuming it.

Legalising use of cannabis will add more corruption in the country so any country that want to do such is going to be in damage because every young adults will misuse it.

In terms of election, it's base on the choice of any aspirant who happened to emerge as incumbent president, but if wrong people votes because of legalisation of cannabis is the entire country that will suffer.

Cannabis are considered illegal under the federal law, but few States of US have legalized the usage of cannabis for the medicinal and recreational needs. Legalization isn't gonna make any changes to the US economy. As per the different data year to year the consumption of cannabis in USA have increased. This has added up tax revenue of more than 1.19 billion this year. So, when legalized the market will widen, but it helping the economy will happen in a very small percentage.

https://i.imgur.com/CZUdHgX.jpg

Source : New Frontier Data, created by americanmarijuana.org (https://americanmarijuana.org/marijuana-statistics)

Of course, legalization will help the development of the US economy, because there will be new products from cannabis, and people will not buy grass and the like not legally through telegram, it will bring profit to the country. It will still be sold not everywhere but as in other countries where it is legalized in coffee shops. In addition to drugs there are many drugs that are also made from cannabis, the so-called highly active hypnotics and obespechivaushyi, my friends had surgery, and not to suffer from pain uses CBD oil with the addition of THX (https://www.healthcanal.com/best-cbd-oil), and there is a SC oil which is a sedative, someone will be interested to read about this in more detail.

Many countries are thinking to legalize cannabis, at least in certain forms, primarily for medical not economic reasons.
I don't think legalization and legislation would contribute to economy, especially not in country like US. To feel benefits on economy production and export should be very big and cannabis and cannabis related industry should become one of the top products and I don't think this will happen. The only who could benefit from cannabis legalization would be sick people who have troubles with illnesses where cannabis can bring them relief.

I don't know if Cannabis demand in America are high or not, if the demand high it should be able to help the US economy.
But Cannabis is one of those dangerous to the health of the body if used in the long term, therefore in my opinion legalizing
Cannabis is not the best solution to help the American economy. Not because want to help the US economy, it is the American
population who is at a disadvantage, as we know there are many negative effects caused by Cannabis.

Prescription opioids are causing the deaths of around 50,000 people every year in the United States. And how many deaths are caused by Marijuana? If weed gets legalized in the United States, the number of deaths from these synthetic opioids will go down significantly, and a lot of lives will be saved. However, the pharma cartels will face huge losses and that's one of the reasons why they are opposing the legalization of cannabis.

It could help as if legalized the cannabis industry could be huge, textile, construction, healthcare....

Vishnu.Reang thanks for explaining one of the facts about cannabis! Many people don't have a clue what cannabis actually is! Now I could talk about that for hours, but all the facts can be found on many places online, testimonies, videos, whatever you want, people just need to have a desire to learn.
I will just point out one fact, it's a plant! It's a seed that you plant in the ground and you get a beautiful product that can be used for many many things, and one of those things is pleasuring yourself and your mind!

I also think that legalization of cannabis can help the US economy cannabis is being used for medical purposes in many countries of the world and it is expected that will be used in many more countries in the near future. Governments of different countries give importance to cannabis cultivation in order to make profit from this potential sector. the use of cannabis in the United States for medical use is legalized the demand for recreational use of cannabis will also be strengthened which will further expand the global cannabis trade.

Look funny question when asking with Can legalisation of Cannabis help US economy and other country economic? I think if cannabis become legalization in any country have bad impact of using. It is possible that cannabis will not be used for the right thing, but on the other hand it will be abused if it is to be legalized. Will give chance for many people plant cannabis and take legal as benefit for selling to other country, I think if cannabis using for medical healthy is good because cannabis is kind of medicine how to give positive effect for to the patient to be sedated, will change take medicine for the patient if cannabis become legal.

Legalization of cannabis will surely have positive as well as negative impact over the country's economic growth. To my understanding cannabis can be legalized and can be distributed by the government for the respective person. This could eliminate the usage of cannabis for other purposes and stop illegal import of cannabis into the country.

From the American market, marijuana is freely traded, for example in a store located in the United States, precisely in Colorado. There are certain conditions for buyers, so it is not necessarily free to buy at will, including those aged 21 years and over, not more than 28 grams.
and I agree how there is a new breakthrough that marijuana has always been a drug. it's just not to be consumed on a large scale. A global perspective is currently being considered and there will be a lot of marijuana and archival links so that it can be legalized. Although there is a lot of controversy and repercussions for those who will take advantage of this situation. according to medical, many agree.

I think it is a stupid thing to do, the first role of the Government is to protect her people, the harm this is going to do is more than good. There is a reason why this has been illegal for forever until now, most of those championing this are enemy of the people and they want to keep people low for them to rule forever.

I agree with you, if you are reach and famous, then the government won't touch you. For example, let's take famous Hollywood stars and singers, celebrities in overall. Most of them use drugs, some of them are addicted and for example, Maradona, everyone knows that he uses but they don't get arrested because they are famous and they have money. And they say that law is a law for everyone? This is hilarious.
I think there will come a time when everything will be legalized like it was during the period when these drugs were first discovered, mostly during world wars.
Right now, this step will really help the economy but it's another task what kind of influence will frequent use have on people and do pros outweigh the cons? It's a thing of debate to my mind and they should seriously take it, not just because of economy.

Cannabis is one thing but I don't think all the "other" drugs will become legal at any point (at least in my lifetime).  Cannabis is known to have medical attributes whereas most of the other schedule 1 drugs are manufactured using chemicals and ultimately destroy bodies.  But legalizing cannabis is an overall good thing.  Gives access to people who can benefit from it, state and fed gov recieve tax money and it will put shady dealers out of business and clear out some of the jail population issues.

Well, in a, way it can. More productive citizens means more money into the system. And with a poeerful medicine as cannabis, most diseases not in cluding cancer, it poses great promise in rebuilding the future of these people afflicted with depression, and numerous others to the point that the government can once again rely to them. It's all give and take really.

In order for such legalization to really help , we will have to raise the permitted THC content in such cannabis. If there will be only 0.2-0.5%, then nobody will buy it. People who previously purchased on the "black market" will continue to purchase where. The only difference will be that this black market will go into the gray zone.
You will be able to come to the store with completely legal cannabis and if you are "knowledgeable" then from under the floor they will sold what you really need and not these "children's" cannabis.
So that's exactly how it is - to seek the salvation of the economy in the legalization of even light drugs is not the best strategy, as for me.

Anyway, there is good news. This month voters in five states approved the use of marijuana - South Dakota, New Jersey, Montana, Arizona and Mississippi (only medical marijuana will be legal in MS). Also, voters in Oregon approved legalization of psilocybin (magic mushrooms) medical usage. It is good to see the voters approving these measures. No one gains anything by jailing hundreds of thousands of pot users, while those who kill tens of thousands with synthetic opioids spend their time vacationing in Maldives and Jamaica.

yeah exactly! it is high time to accept the fact that people need this legalisation a long time ago. and they are only spending money for these pot users. instead of spending money on them by jailing them, why not get money from them via tax. win-win situation for both parties. this legalisation will come a long way and we will see the effect in the next coming years.
 am betting they will see positive results coming out of this, legalising both medical and recreational cannabis.  MS will eventually legalise this recreational cannabis

How can legalizing Cannabis help 22 trillion $ USA economy. It can at best add a few billion dollars from here and there, not more than that. You can legalize it , if there are other benefits, but don't put economy as an excuse for legalizing it. The USA economy needs necessary reforms to put things in order.

It also needs a better trade deal with both China and India.

 • U.S. goods and services trade with China totaled an estimated $634.8 billion in 2019.
Exports were $163.0 billion;
 imports were $471.8 billion.
The U.S. goods and services trade deficit with China was $308.8 billion in 2019.

 • U.S. goods and services trade with India totaled an estimated $146.1 billion in 2019.
Exports were $58.6 billion;
imports were $87.4 billion.
The U.S. goods and services trade deficit with India was $28.8 billion in 2019.

Despite the money the government of US has used for the election that was just concluded that gave Joe Biden victory, caused a lot of money according to Donald Trump.  I think with the things Donald Trump has put in place in the country can sustain the government till another person take over the seat in white house.

Too much of things can be a disadvantage to the body and doing things to moderate is good for the body. I think legalizing cannabis won't help the US economy and on the adverse, it is going to affect the citizens since the country makes it an everybody business.

This is the kind of idea which comes from people who want to destroy USA and see its demoralization and social collapse.
In no way legalization of cannabis will help anyone's economy. First because the *legal* cannabis will be more expensive than the *illegal* one, so the drug dealers will still exist and they will offer their product for a cheaper price. Second that with so many harmful effects to the brain, drugs users will need health assistance in the future, increasing the demand in health sector, what may force the government to spend more money on this sector to support these people. Third that by legalizing cannabis you are endorsing the usage of another drugs like crack (for the poorest ones), cocaine, heroine and so on... Increasement of homeless population may happen too.

Legalizing cannabis doesn't solve anything, it just creates another kinds of problems for the country.
And if you are still confident about how good this idea is, ask the enemies of USA to implement such thing on their country first, so we can have that as an practical example.

Everything is funny as long as it is happening to somebody else...

Agreed, legalizing cannabis doesn't gonna help with the economy upliftment of any country. As said when it is legalized for the medical needs automatically the market value for the same will be placed high, which will surely make people to go through illegal or other means to get it cheaper.

Few states have legalized the usage of cannabis. Maybe the revenue can be stabilized with legalized cannabis. People gets affected and for cure they go in search of retreat centers.

Cannabis demand in any country is high and we all know that the criminalisation of cannabis didn't prevent people from using it either for medical purposes or for just having fun.

Legalisation of Cannabis becomes a wise policy to get control over the illegal traffic and to benefit from a big market with huge demand. I knew that some states already legalise it, so just compare their economic status before and after legalisation to see the impact.

I suppose one should look for the reasons why cannabis is prohibited in some states. The fact is that everything can be explained very simply, when the government prohibits something, then it illegally heads it. Legalizing cannabis and turning this "river" into a legal channel will do good to society and the entire state.

The same can be said about alcohol and yet it is legal, and that is because even when the US government tried to ban it at the end the will of the population won and they had to make it legal again in order to get taxes because the government was basically bankrupted, so I see a lot of similarities with what happened then and what is happening now, the US government does not have the resources to fight against the will of their people and as such they prefer to get some money out of it instead of spending money that they do not have.

Improved relations between the public and the police are a rarely mentioned societal benefit of legalisation. Because of their fear of drug raids, many young people, in my experience, consider police as enemies. Legalization would eliminate the need for a significant percentage of otherwise law-abiding people who use recreational drugs to fear the police. This must be useful to society. If you merely have a medical ID, you can buy medicinal cannabis at some dispensaries in California, such as Kushagram Dispensary (https://weedzly.com/dispensaries/euflora-long-beach)

Prohibition has proven to not work many times throughout history and in many cases creates a much wider disaster. We see the war on drugs has driven huge amounts of the most serious crimes in South America and it got worse every decade due to the battle over the lucrative drug trade. If it was legal and regulated, treated as a medical condition instead of a criminal act, then it would save so many lives - both of drug users and of all the people involved in the supply chain which has to operate underground. It would allow all the money to be legally taxed and potentially make drugs safer to consume. You're always going to have addicts, so better using education and intelligent approaches to warn people off than trying to banish it altogether.