Published in Criminal Law on October 2, 2015.
Today is 4/20, the unofficial celebration of cannabis use. And on this day, we at Eskew Law feel it is important to highlight the costs of marijuana prohibition. Check out the interactive map below to see how enforcement by state.
Enforcing marijuana prohibition use is expensive. Estimates range, but Harvard economist, Jeffery Miron, estimated enforcement costs at $8.7 Billion dollars a year. Take into account the lost tax revenue, approximately another $8.7 Billion per year. And accounting for inflation, that is about $20 Billion dollars a year prohibiting marijuana is costing the country.
It is difficult to find the full economic impact on states, but Colorado had $53 million in increased tax revenue since legalizing marijuana in 2014.
For more information, or to support marijuana reform, check out http://norml.org/