11 Jan '18, 4pm

New Analysis Shows Federal Marijuana Legalization Could Raise $130 Billion, Add 1 Million Jobs by 2025

Though a key argument for legalizing marijuana in the U.S. is that it would put a tremendous and necessary dent in the domestic and global failure known as "the War on Drugs," a new analysis out Wednesday reveals that federal legalization could also raise more than $130 billion in tax revenue by 2025 while also creating more than 1.1 million new jobs. The new study was published by New Frontier Data —a research and marketing firm whose stated mission is to "inform cannabis-related policy and business decisions through rigorous, issue-neutral and comprehensive analysis of the legal cannabis industry." As the Drug Policy Alliance has shown , the criminalization regime and enforcement of keeping marijuana and others drugs illegal costs the U.S. government more than $50 billion annually—that includes the outrageous costs of imprisoning tens of thousands of people for nonviolen...

Full article: https://www.ecowatch.com/marijuana-legalization-252456255...

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