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Marijuana legalization is a far bigger step than decriminalization or medicalization, which have already occurred in California and other states. Decriminalization legalizes possession of small amounts of marijuana, but it does not eliminate the underground market or permit easy taxation. Medicalization is closer to legalization, but it still leaves producers...
Legalization will move the marijuana industry above ground, just as the repeal of alcohol prohibition restored the legal alcohol industry. A small component of the marijuana market might remain illicit—moonshine marijuana rather than moonshine whiskey—but if regulation and taxation are moderate, most producers and...
The one impact of legalization that might be undesirable is an increase in marijuana use, but the magnitude of this increase is likely to be modest. The repeal of alcohol prohibition in the U.S. produced about a 20 percent increase in use, while Portugal’s 2001 de facto...
An increase in marijuana use, moreover, is not necessarily bad. If the ballot initiative passes, people who would like to use marijuana but abstain due to prohibition would be able to consume responsibly; legalization would allow them to enjoy marijuana without fear of arrest or incarceration and without concern over...
Legalization will not, of course, eliminate all negatives of marijuana use. But just as the harms of alcohol prohibition were worse than the harms of alcohol itself, the adverse effects of marijuana prohibition are worse than the unwanted consequences of marijuana use. Legalization is therefore the better policy.