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May 04, 2018
A research by The Royal Economic Society (England) has been published, which claims that legalization of cannabis has helped in reducing the drug-related crimes. The study was focused on the US states bordering Mexico. Historically, all these states have always been badly affected by the violent criminal actvities of Mexican cartel drugs that smuggle different illegal drugs including marijuana to the US.
The research has found out that all the states with legalized medical marijuana have experienced a significant drop in crimes. The researchers have provided with a sound rationale as for how the reduction of crimes is linked to the legalization.
According to them, the local growers and stores start to share the profits of drug cartels post-legalization. Violence is an integral tool for these illicit organizations to fight out their territories. Nevertheless, order of violence needs considerable amount of resources and can’t be maintained with the diminishing profits due to legalization. So, reduced violence eventually has translated into a lower crime rate in the region.
Researchers suggest that the drug trafficking organizations don’t find it profitable to flex their muscle and indulge in gang fights in the states where marijuana has become a legal product. They have analyzed the situation in all the four southwestern states sharing a border with Mexico on these criteria.
- Local crime rate before and after the legalization
- Crime rate in counties with and without marijuana legalization
- Comparison of county crime rates according to their proximity to the border
They have factored in all the three condition and it has been found out that the bordering counties are experiencing 12 percent decrease in violent crimes.
While analyzing the occurrence of specific crimes, the researchers have found out that drug-related murder in the bordering states has reduced by 40 percent. These numbers have substantiated the argument presented by the researchers that diminishing drug cartels revenue has an eventual effect on the crime rates.
It is elevating to see that operation of medical cannabis has become a vital business activity for the states, aside from providing relief to hundreds and thousands of patients. Last year, the revenue of medical marijuana companies crossed the figure of six billion dollars in the US. From 2011, the sector has experienced 500 percent increase in its revenue, and not to forget that it has also created thousands of jobs.
New Frontier Data, an analytical firm, has forecasted the revenues from medical cannabis. They have suggested that the next decade will see over $130 billion in MMJ revenues while creating more than one million jobs.
Moreover, it would also bring a significant sum of capital for state governments in terms of tax revenues. It is important to note that legalization has helped Washington, Oregon, and California to rack $1.3 billion in cannabis taxes.
Both these studies show an encouraging outcome of legalization. It’s about time that the Federal government should reconsider its approach towards marijuana legalization, a measure that has the potential to reduce violent crime rates.
Marijuana stays in the news, and Alice is always ready to keep us updated. A world traveler and lover of freedom, Alice knows what is going on, no matter where she roams. She specializes in marijuana legalization stories across the globe, with up to date... [read more]