States benefit from legal marijuana
I was dumbfounded when I saw what Secretary of State Corey Stapleton said to the Bozeman newspaper on the mail-in ballots bill for the upcoming election. “Oregon, Washington and Colorado — they do all-mail-in ballots and they’re all marijuana-all-the-time states too,” Stapleton said. “Is that what you want? Because that’s what you’re going to get.”
As a state, this is indeed what we should want.
The economics of the cannabis industry show us that with healthy competition in the market, prices drop, quality rises, violence diminishes, and peaceful transactions increase. As constant new research emerges detailing the plant’s benefits, the negative stigma of using cannabis, both medicinally and recreationally, is diminishing, raising the demand for high quality product.
Colorado, for example, is experiencing an economic boom that has never been seen in the state. The biggest issue in Colorado today is what to do with the huge amounts of revenue and economic success the state is gaining as a result of legalization. The Colorado model has proven that legalization reduces crime rates, cuts prices, pushes unfavorable competition out of the market, provides cleaner products with heightened transparency, and increases the standard of living for society as a whole.
The only people hurt by continued societal acceptance and legalization of cannabis are the cartels and their friends, who have flourished for decades as a result of drug prohibition.
The real story of pot legalization in some Western states is the story of Mexican cartel farmers seeing their price per kilo go from $90 to $30.