As well, the fact is legalization will also mean a new source of tax revenue, something not to be lightly dismissed. Additionally, police forces will no longer be wasting their resources and taxpayers' money on the failed 'war on drugs'. It is something I think they will welcome:
The Canadian Association of Chiefs of Police has been pushing since 2013 for officers to have the ability to ticket people found with 30 grams of marijuana or less.
Mario Hamel, the association's vice-president and the chief of the Gatineau police, said legalizing marijuana could free up officers to address other issues.
Also instructional is the Colorado experience:
... this summer, state officials reported that marijuana tax revenues were up nearly 100 percent, according to ABC7 Denver. Revenue jumped from $25 million in the first five months of 2014 to $44 million in the same period this year.The possible mechanics of distribution, economic benefits and the potential for international growth are discussed in this Power and Politics clip:
Colorado began directing some marijuana revenue toward school and research programs in May, including providing grants to public school districts and charter schools, an education official told The Huffington Post. Almost $24 million was allocated to the Building Excellent Schools Today program, said Kevin Huber.
As also implied in the above, there will clearly be other benefits to the economy: the additional employment of people to grow and distribute the products, as well as the ancillary industries arising around cannabis:
Leigh Coulter, president and co-owner of GGS Structures, which builds greenhouses for marijuana operations and other agricultural products, anticipates major growth for her small business after last night’s election. “This is an extension and a chance to let the world know Canada will be a leader,” she said. “We will develop the technologies to ensure that this is a crop of great revenue potential.”Not to be forgotten either is the upscale market for recreational marijuana:
Mr. Alves anticipates a number of other small-business sectors benefiting from a more marijuana-friendly Canada as well.
“You just have to look south of the border to see the types of businesses that have sprung up – everything from marijuana-focused marketing and promotions to technology platforms and delivery systems,” he said. “There’s also a real opportunity for some of the businesses that currently exist in an unregulated market to really become a mainstream businesses; they can develop and scale as opposed to remaining in the shadows of a grey market.”
The newly launched website Tetra offers an array of handmade objects, smoking accoutrements designed to be kept in plain sight – especially when company comes over. Designers and artists including Ben Medanksy, Matthias Kaiser and Leah Ball are creating luxurious pipes out of marble and buffed sandstone, and ashtrays that would make The Dude topple over in awe.Add to that the increasingly artisanal cast of cannabis strains, and you have a recipe for real growth.
No public policy should be decided solely on the basis of economic parameters; however, I am convinced that the legalization of marijuana will be progressive legislation ultimately welcomed and endorsed by a progressive nation.
As always, I welcome all comments, and I am certainly happy to entertain challenges to the position that I have advanced here.