Should Marijuana Be Unregulated? Essay

1779 words - 7 pages

Additionally, marijuana industry also provides with many eco-friendly alternatives. For instance, our forest are cut down three times faster than it can actually grow because cutting trees that requires well more than 30 years to fully mature vs. 4 month of industrial hemp. From a financial standpoint, a marijuana garden of one-hundred square feet can earn $30,000-50,000 because a single 1,000-watt lamp garden can produce average of 6 pound of pot per year, which is worth $12,000-$16,000 (Chaz). This shows how much marijuana could actually generate from a garden consisted of one-hundred square feet. Industrial plantations operate in much bigger size so the number is significantly increased. Some people strongly argue that the black market could easily undercut the market price for incredibly cheap marijuana. It is the most used drug across the country, the black market are always going to undercut the market price to stay in business. Supported by the white house claims, “Under the most commonly proposed legalization regime – one that imposes high taxes on marijuana – violent drug cartels would simply undercut legal prices to keep their market share. With increased demand for marijuana resulting from legalization, these groups would likely grow stronger. (Marijuana Legalization)” Indeed, the black market might undercut the retail price, but the most important factor how marijuana is going to generate revenue is by its huge industrial usage. Taxing marijuana just like alcohol is one way to generate income, but taxing through the creation of textile, fuel, oil and paper is entirely a new source of income for the United States. With legal marijuana, America will see an expansion of smaller farms, growth of stores and manufacturing facilities.
The industrial usage of marijuana is extremely valuable to businesses and commercial applications. For instance, 1 acre of hemp will produce as much as fiber as 2 to 3 acres of cotton. Hemp fiber is stronger and softer than cotton, last twice as long as cotton, and will not mildew (Natural Hemp Products). By this, it would introduce an entire new clothing industry into the market. In the contrary, the production of cotton, consumes a significant amount of agricultural chemicals used on American crops, and hemp does not require any additional pesticides or herbicides to grow (Natural Hemp Products). Hemp’s fiber is considered to be one of the largest natural fibers amongst any other plants, are stronger and more absorbent than cotton (Lackman). In other words, the material is going to keep people warmer in the winter and cooler in summer, and absorbent to dyes, will make the material last longer and the color is less likely to fade away than cotton. Most importantly, hemp is ecofriendly for mass production because it does not require any additional chemicals to grow. However, how much more efficient is it to grow hemp over cotton? “Cotton grows only in moderate climates and requires more water than hemp;...

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