egzamin

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Today I want to talk about important issue of cananis legalization. I’m going to focus on economic impacts of this legalization policy.

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The movement to ensure the legalization of cannabis has been going on in many parts of the globe. Even United States, many states have legalized cannabis but not on a national level. There are only two countries where marihuana is comletely legal now.

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These countries are Uruguay and Canada. This makes Canada the only country in developed world to have legalized the recreational consumption and sale of marijuana.

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Many experts believe that the real reson why Canadian government has legalized marijuana is economic.

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The Canadian marijuana market is expected to be in the range of 5 bilion $ per anum. Since the sale of cannabis will now be legal in Canada, the Canadian government will have the authority to tax the sale.

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The Canadian government has decided to levy a tax od 1$ per gram or 10% of the sale price.

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Hence, the direct impact od cannabis legalization will be a significant increase in the revenue lf the Canadian state. Also it is likely that there will be a signicicant increse in the revenue being generated by taxing employment as well.

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Companies selling marijuana will legaly earn profits so they will have to pay taxes. Also, the salaries that they to employees will also be taxes. The final result will be that the Canadian government will be significantly better off.

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The future of cannabis business in Canada is still not clear. The business was illegal until now. This is the reason why cannabis use still has stigma associated with it. and regular users of cannabis are viewed as drug addicts. This might take some

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some time to change........ The impact of the canabis legalization is likely to be felt by e-commerce industry in Canada which is likely to witness a steep spike in revenue.

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Not only does the imcome go up significantly but the expenses are also reduced. If the possession and sale of marijuana is decriminalized, the number of crimes will drop a lot.

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There will be no drug gangs who will be inciting drug related violence on the street of Canada. The absence of these gangs will save Canadian government a lot of money in terms of law enforcement costs.

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There are many countries where consuming cannabis is illegal... The government of Canada is very optimistic about the fact that people from across the world will visit Canada and that cannabis tourism wil also lead to a significant increase in both

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private and government revenue.

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To sum it up, the government of Canada is likely to reap significant economic benefits as a result of its cannabis legalization policies.