Attitudes Regarding Legalization
Many advocate legalization of cannabis, believing that it will eliminate the illegal trade and associated crime, yield a valuable tax-source and reduce policing costs. Cannabis is now available as a palliative agent, in Canada, with a medical prescription. In 1969, only 16% percent of voters in the USA supported legalization, according to a poll by Gallup. According to the same source, that number had risen to 36% by 2005. More recent polling indicates that the number has risen even further; in 2009, between 46% and 56% of US voters would support legalization. According to press reports, supporters of the California initiative estimate that about $15 billion worth of marijuana is sold every year in the state. Thus, an excise tax on the retail sales of marijuana could raise at least $1.3 billion a year in revenue.
Read more about this topic: Cannabis Laws
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