Recently i had an opportunity to read Jacobo Lopez’s blog where he gives his stance on the legalisation of marijuana in Mexico. The article mentions that the supreme court in Mexico is taking a step in order to legalise marijuana for recreational purposes. Looking at the benefit of legalising marijuana in Colorado and other states in the US and the positive impact on the government revenue, seems like Mexico wants to follow its footsteps.
Jacobo mentions that,”It has been wildly publicized that states obtain large revenues from taxing marijuana. However, contradictory to popular belief there is only a “10% retail tax on marijuana and 15% excise tax for large wholesale weed”. This means that an average marijuana dispensary has profit margins of around 32%. However, “state and local marijuana taxes sum to a confiscatory 29%”, meaning that one of the major expenses regarding a marijuana clinic is simply paying taxes.”
I believe that legalising marijuana will also get rid of the black market for this commodity and will get rid of several drug trafficking groups on the US border.
Also there are no negative impact on health due to the use of marijuana. On the contrary there have been many noticeable positive medical impact due to marijuana. I believe that legalising marijuana in Mexico is a good idea.
References:-
https://www.quora.com/How-profitable-is-the-average-marijuana-dispensary#
media sources:-
http://www.altcoinfever.com/wp-content/uploads/2014/02/pot.png
