Comments on: What Effects Could Legalising Cannabis Have On The Economy?

By: Julius C

Julius C — Tue, 09 Feb 2010 21:37:33 +0000

I will guarantee you that legalized cannabis will not help the economy because it will mean that there will be even more wild young people doing stupid destructive things that have to be paid for by someone else.

By: NikNak

NikNak — Tue, 09 Feb 2010 19:11:45 +0000

I think it would make everyone apathetic and snack food sales would go through the roof.

By: kerryann

kerryann — Tue, 09 Feb 2010 14:04:28 +0000

it would be a good thing as it would take cannabis off the black market, drug dealers would need to find other incomes , tax could be paid on it and it could be regulated it would be similar to alcohol
people who dont smoke it would continue not to smoke it and those that do will continue to do so

By: R, P, then B

R, P, then B — Tue, 09 Feb 2010 08:11:24 +0000

I think the tax revenues would be great. I also think the fact we won’t be filling our prisons with pot smokers will allso be a benifit.

By: Menehune

Menehune — Tue, 09 Feb 2010 04:20:30 +0000

Deformed babies, increased population in mental institutions, school delinquency, decrease life expectancy, teenage pregnancies, more potent substances, vagrancy, or unemployment. You decide.
BTW, Scott M. — We can’t even get the dealers in prison much less than users.

By: zanti3

zanti3 — Mon, 08 Feb 2010 21:51:01 +0000

For sure it would be taxed like cigarettes. This would provide a new source of tax revenue for the government, which should result of the lowering of other taxes, such as sales tax and income tax. The lower taxes should stimulate the economy.
As for whether it would produce a negative impact on productivity, I’d say doubtful. It would have the same restrictions as alcohol, i.e. don’t do it at work.