Legalized weed would create tons of revenue for the government.
Sure thing Jim Cramer. But an increase in X revenue would lead to a decrease in Y revenue, ergo, it's not a huge boost to the economy.
And more importantly, this isn't about the government. Who gives a laughing turd!. The reason it should be legalized has nothing to do with taxes. It should be legal because there is no reason for it to be illegal. We are free men. The drug has no major health risks.
Neither does insider trading, should that be legal too? No health risks and it ruins the economy, good plan.
You can GROW your own. Just like you can GROW an apple tree. Weed cultivation is NOT dangerous like alcohol production, hence no laws against it are neccessary.
So now you have to find a way to tax this, otherwise people will just grow their own and the magic revenue you were talking about disappears.
You have forgotten the biggest benefit of legalization! It saves the government all the money it WASTES on the court and prison system that locks up small-time offenders!
You're assuming people will not participate in any illegal activity with regards to the drug. Big assumption there my friend.
You were an idiot 5 years ago, and not much has changed.