The time is now 4:20 on 4/20, and I feel almost obligated to say something about pot.
Why is it illegal? Isn’t the fact that it’s illegal the only reason why there is so much crime related to the distribution and use of it?
I intentionally stay away from anything that increases my appetite, so I don’t feel particularly passionate about the pot issue.
Not like multiple grammy award winner Santana,
Or world record breaking, olympic gold medalist Michael Phelps,
But I do generally trust some of the 500 top economists in the world.
The report shows that marijuana legalization — replacing prohibition with a system of taxation and regulation — would save $7.7 billion per year in state and federal expenditures on prohibition enforcement and produce tax revenues of at least $2.4 billion annually if marijuana were taxed like most consumer goods. If, however, marijuana were taxed similarly to alcohol or tobacco, it might generate as much as $6.2 billion annually.
I leave you with the following…
What Would Marley Do?