Marijuana prohibition is costly, not only in the amount spent on law enforcement and prisons, but also in the lost revenue from taxing a legally regulated market, as well as the loss of jobs, payroll taxes, etc.
Benefits of Marijuana Legalization in California
Marijuana Legalization Could Yield California Taxpayers Over $1.2 Billion Per Year
Additional Spinoff Benefits Up To $12 -$18 Billion
OBAMA ADMINISTRATION RAMPS UP WAR ON MEDICAL MARIJUANA
Oct. 5, 2011 – The Obama administration’s war on dispensaries threatens to have adverse economic impacts on jobs and tax revenues. Cal NORML estimates that the state’s medical marijuana industry now accounts for some $1.5 – 4.5 billion in sales, tens of thousands jobs, and over $100 million in taxes.