Possible Effects of Legalization of Marijuana

As the author of this article on the potential effects of the legalization of marijuana on the economy and individuals in the United States it is crucial to note that while some states have legalized marijuana for medical or recreational use federal law still prohibits it. Consequently any discussion of the effects of legalization must consider both state and federal laws. In addition government reports news articles academic journals and other general public journals such as the Open Journal of Business and Management and the Journal of Science have provided the author with valuable insights into the potential benefits and drawbacks of legalizing marijuana. Furthermore the author has conducted extensive research in order to provide a thorough analysis of this topic as it is the subject of numerous divergent viewpoints.