- Economic Benefits and Social Costs of Legalizing Recreational Marijuana
We find moderate economic gains accompanied by some social costs Post-legalization, average state income per capita grew by 3 percent, house prices by 6 percent, and population by 2 percent However, substance use disorders, chronic homelessness, and arrests increased by 17, 35, and 13 percent, respectively
- Federal Reserve Bank of Kansas City Finds Economic Costs of THC Drug . . .
“Substance Use Disorders, Chronic Homelessness, and Arrests increased by 17%, 35% and 13% respectively ” (WASHINGTON, DC) – Smart Approaches to Marijuana (SAM) President Dr Kevin Sabet, a former White House drug policy advisor to Presidents Clinton, Bush, and Obama, released the following statement today in response to a new research paper released by the Federal Reserve Bank of Kansas
- What are the economic and social costs of legalized marijuana . . .
The economic costs of recreational marijuana legalization While the study found potential economic benefits to recreational marijuana legalization, it also found drawbacks increase in substance use disorders and arrests and a higher rate of chronic homelessness Substance use disorders increased by 17% and the chronic homeless rate
- The Scorecard on Pot Legalization - Econlib
Post-legalization, average state income per capita grew by 3 percent, house prices by 6 percent, and population by 2 percent However, substance use disorders, chronic homelessness, and arrests increased by 17, 35, and 13 percent, respectively Early legalizing states experienced larger economic gains yet similar social costs, implying a
- National Trends and Statistics in Marijuana Use Post-Legalization
Youth cannabis use has declined by nearly one-third over a 10-year span, despite legalization in multiple states Emergency room visits linked to marijuana more than doubled nationwide between 2006 and 2014, with further increases through 2018 Tax revenue from recreational cannabis exceeded $4 billion in 2023 alone across states with legal
- Lessons learned in several states eight years after states legalized . . .
A 2020 study found that recreational marijuana commercialization is associated with between 66–77% increase in marijuana exposures Although arrests for marijuana-related offenses have generally fallen across all racial demographics in Colorado since legalization, marijuana-related arrest rates of people of color have held steady and
- The Effect of Marijuana Legalization on Crime Rates - EBP Society
The legalization of marijuana for recreational and medicinal use has been a topic of debate within the political and criminal justice systems for many years Some research has suggested a weak relationship between marijuana use and crime in chronic users In a longitudinal study of 13 to 27-year-olds, Pedersen and Skardhamar (2010) examined
- UNODC World Drug Report 2022 highlights trends on cannabis post . . .
Cannabis legalization in parts of the world appears to have accelerated daily use and related health impacts, according to the UN Office on Drugs and Crime (UNODC)’s World Drug Report 2022 Released today, the report also details record rises in the manufacturing of cocaine, the expansion of synthetic drugs to new markets, and continued gaps
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