The case of the legalization of marijuana will continue to move its path right into the spotlight, and I previously shared my libertarian argument to legalize weed. This particular conflict can be addressed by multiple platforms, of which this article I would like to strike it through a fiscal perspective.
Low Supply, Popular Demand Equals More Weapons
The main trouble with these kinds of regulations is the fact that markets are dictated by demand and supply, certainly not whether a substance is legal or not. It is a fundamental concept of business economics that when there is a demand as well as income to be made, there will be a businessman or entrepreneur to capitalize on this type of prospect.
The profitability inside an illegal industry is enormous. Looking to stomp a greatly desired substance from existence is only going to cause prices to soar. This is because competition is small and well-defended. These resulting significant proceeds mean substantial funds to buy even larger growing fields, more mercenaries, and more vicious weaponry.
Just take a gander within the Mexico-US Border and the grisly images emanating from this highly contested region. These cartels are utilizing rifles and automated weaponry to guard their cash cow of drug revenue. Anyone who may present a threat to those income channels including federal officials or the police are handled in deadly ways. Many ordinary people will lose their livelihoods as collateral damage.
Terminate the Cartels’ Monopoly on High Demand Substances
Legalize marijuana and reputable businesses will quickly jump in to take advantage of it. Raging drug lords will no longer possess a stranglehold on a small, limited drug supply. Quite simply, they would no longer be able to retain their monopoly of illegal activity.
Prices on marijuana would certainly plummet which will be especially favorable for users while serving as a fatal strike towards cartels. With affordable prices comes lowered profits for these illegal groups. They will not be in a position to afford and control such powerful armies. Respectable organizations would replace rifle-wielding outlaws.
Fight Against Reason
The war on drugs, particularly against weed, fails on all matters of logical thought. There is no evidence that demand is reduced at all due to drug laws, yet on the other hand, there are many indicators showing that it is a ridiculous and deadly method to tackle the matter of drug abuse.
I anticipate legalization of marijuana fairly shortly, especially as my home state of Washington consistently creates laws that would legalize it. I anticipate it as I feel certain the cannabis market in this area will see substantial expansion and brand new jobs will likely be created and banning of prohibited drugs will once again be shown as a weak strategy.
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