How Big Is The Marijuana Market? A variety of businesses and tax-deprived governments would love to know the answer.
Unfortunately, there isn’t a simple one. By its taboo nature, marijuana consumption and demand is not well-measured. Economists, reformists, law enforcement authorities and the pro-marijuana lobby, however, have come up with a variety of estimates. Put them all together and you get a range of $10 billion to over $120 billion a year. Such a wide spread is hardly a solid answer. Legalization of Marijuana. In a Nutshell Related Links Overview/Background A number of movements to legalize the use of marijuana have been gaining steam lately.
There are places in California where it's already legal for medicinal purposes. Much of the American public now believes that the drug should be legalized (40 percent according to a Rasmussen International Poll) but others are still concerned about health damage and other adverse affects. Medical Marijuana ProCon.org. Legality of cannabis. The medicinal use of cannabis is legal in a number of countries, including Canada, the Czech Republic and Israel.
While federal law in the United States bans all sale and possession of cannabis, enforcement varies widely at the state level and some states have established medicinal marijuana programs that contradict federal law—Colorado and Washington have repealed their laws prohibiting the recreational use of cannabis, and have instated a regulatory regime that is contrary to federal statutes.[6][7] Currently Bangladesh, North Korea, Czech Republic, Portugal, Uruguay, the Netherlands, and the United States (Washington and Colorado) have the least restrictive cannabis laws while China, Indonesia, Japan, Sweden, Turkey, France, Singapore, Malaysia, South Korea and the United Arab Emirates have the strictest cannabis laws. Worldwide, marijuana is the most popularly used illegal drug.[9] History[edit] Cannabis has been in use for thousands of years.