Why Cannabis Legalization Is A Priority 1A (Very High Importance)

In 1916, the U.S. Government predicted that by the 1940s all paper would come from hemp and that no more trees need to be cut down. Government studies report that 1 acre of hemp equals 4.1 acres of trees. (US Department of Agriculture)” – US Department of Agriculture

What I have always thought conceptually through understanding economics, physics and the medical value of cannabis; areas with legalization will show an uptick in health, employment and economic growth.

Researchers from The University of New Mexico and California Polytechnic University find increased employment, especially in manufacturing, following the opening of legal recreational cannabis dispensaries. They found no evidence of declines in worker productivity, suggesting that any negative effects from cannabis legalization are outweighed by the job growth these new markets create.

https://news.unm.edu/news/recreational-cannabis-legalization-increases-employment-in-counties-with-dispensaries

They Found No Evidence of Declines in Worker Productivity

Conventional thinking says people who consume cannabis are lazy and stupid, thus legalization would lead to a lazy and stupid society. What research is proving is the opposite. Cannabis is indeed a medicine – if people had more access to a medicine which allowed them to sleep better, would they be more productive after a few nights rest?

If people had access to a medicine would made them happier, would they pursue jobs which made them feel more fulfilled, leading to a happier person and society?

If entrepreneurs could set up primary, secondary and tertiary businesses, would the local economy improve or decline?

Looking at the statistics

Recreational cannabis dispensaries opened in Colorado starting in 2014, with cannabis dispensaries operating in just 58 percent of counties by the end of 2018. Such bans persist today, including in El Paso County, home to Colorado Springs. In their study, the authors compared counties before and after dispensaries entered them with counties in which dispensaries did not enter and found that dispensary entry triggered a decrease in the unemployment rate, driven by a 4.5 percent increase in employment rather than any reduction in labor force participation. With no increase in wages or labor force participation, new employment appears to be drawing from unemployed and self-employed workers rather than pulling employees away from other industries.

https://news.unm.edu/news/recreational-cannabis-legalization-increases-employment-in-counties-with-dispensaries

4.5% increase in employment without pulling from other industries. This means that it is creating employment from the currently unemployed.

The lack of a negative effect on wages or on participation in the labor force suggests that negative effects on workers from legal access to cannabis, such as decreased job performance or reduced efforts to find employment, are limited.

Conclusion

With all the available information on cannabis as a medicine, the endocannabinoid system, and the available economic research becoming more available:

It’s High Time To End Federal Prohibition

Leave a Reply

%d bloggers like this: