Legalization movements are gaining popularity around the world with 58% of people in the USA continuing to support adult use of legal cannabis.
Old or young, rich or poor, people from all walks of life are waking up to the realization that a legal cannabis industry can be good for both society and the economy. For example, 35% of senior citizens today (aged over 65) are in favor of legalization. This is a massive increase from the 4% of senior citizens who supported it in 1969.
Medicinal Benefits of Cannabis:
The medicinal value of cannabis has been well documented and research continues to find new uses for the medical application of a variety of cannabinoids, with recent scientific research focusing on the highly promising, potential of CBD. Click on buy my weed online to learn about some of the more credible and popular CBD products.
While cannabis can help reduce anxiety, CBD has been proven to drastically reduce the effects of anxiety and Social Anxiety Disorder (SAD).
Cannabis has been well documented in the aiding of sleep. Studies show that it can increase the ease of which you fall to sleep, increase sleep duration, and can even help with breathing during the night.
The endocannabinoid system is emerging as a key player in the role of inflammation.
The use of cannabis and CBD can help to alleviate chronic pain and had medicinal use in the treatment of Endometriosis, Fibromyalgia, Inflammatory Bowel Disease, and a host of others.
Studies have shown that the endocannabinoid system is likely to play a role in the regulation of joint function (no pun intended), inflammation, and pain. Early research indicates that CBD can offer protection against severe damage to the joints.
Research has shown that cannabinoids act as an anti-tumor and can induce the death of the cancerous cell, inhibit their growth, and help prevent the spread of cancerous cells to other parts of the body. While more recent research shows that prostate cancer cells have more cannabinoid receptor sites than cells that are healthy.
Economic Benefits of a Legal Cannabis Industry
The potential economic benefits of a legal, regulated cannabis industry are bordering on the ridiculous. Colorado alone (with a population of only around 5 million) generated a total of $996 million in cannabis sales in 2015, which was a 42% increase from the $699 million in legal cannabis sales in 2014. Of that $996 million, around $587 million came from the sale of recreational cannabis.
So after one year, Colorado ended up getting around $135 million in tax and licensing revenue just from the sale of cannabis!
In an age of austerity and cuts to public services, the decision of our politicians to proceed with their blinkered viewpoint on legal cannabis is even more baffling when you look at the amounts of potential tax revenue it could generate.
Benefits to Law Enforcement
According to the Colorado court system, arrests for cannabis possession have reduced 84% from 2010. 2010 had 9,011 people arrested for possession, this dropped to 1,464 in 2014. Seeing as these types of arrest cost around $300 each, it is easy to see that the saving is in the millions of dollars.