California’s example of how close the nation is to legalizing marijuana showed the world how far we have come to educating our citizens about Cannabis. But as we further strive to show and prove the benefits of the range that Cannabis as a plant provides for us, it is now time to start showing how legalization can lead to privatization and how that can help our nation even more. Marijuana remains illegal primarily because of the THC content within it and the Cannabis plant both male and female grows THC. This restricts the textile use of the plant because of what grows naturally within and the recreational activity that it creates. But attempting to legalize marijuana with the facts at hand about health concerns is a good argument, but now we need to start looking at the effect it can have on our country after the effect of legalization. Commonly we hear about the negative effects about the entire nation being ‘stoned’ after legalization, but this is not the case.
Statistics prove that about 15-20% of Americans smoke marijuana daily and we are still a stable functioning society. A product in such a high demand could easily collect a high tax revenue, but rarely do we think about the many other products Cannabis also produces that we could too collect a tax revenue from. Raising awareness about the background of Cannabis is step one, step two is legalization, then step three must be privatization.
Privatization is grounded in the fundamental belief that there would be market competition through the private sector and that allows for greater citizen choice. It also reduces costs for all levels of government to provide services by appointing those services to the private sector. This can create a large amount of jobs for our country and result in a booming economy based on the fact that Cannabis provides such a wide range of products. Privatization is grounded in the fundamental belief that there would be market competition through the private sector and that allows for greater citizen choice. Some products include clothing, paper, medicine, and even food. North America is a country with enough land to be able to grow this textile product in mass cultivation. With this scenario in mind we can open up a fair trade market where prices are a reflection of true supply and demand. This results in lower costs of medicine, clothing, paper, food, and more through the true price being reflected by the supply and demand of the product.
Advantages of Privatization. William D. Eggers.