Marijuana Legalization Case Study

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Can the economy benefit from the marijuana markets? The legalization of marijuana on a federal level would contribute to the economic benefits widely by bringing in billions of dollars. The money would allow legalization to improve local communities , state coffers , and many more. The bringing in of funds would furthermore save regional and state governments from wasting money on law enforcement. The main aspect of many legalization cases is lax revenue. “Average annual trade in marijuana is estimated at $113 billion, which represents nearly $45 billion in taxes slipping through our fingers”, according to Harvard economist Jeffrey Myron .The Sundial states that, “ our country as a whole spends $68 billion a year on its prisoners, one-third

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