Americans: Legalize Marijuana and Ring the Cash Register
There’s no denying the buzz that’s surrounding the marijuana industry. Earlier this year, the Colorado legislature made history by becoming the first in the nation to approve laws taxing and regulating recreational marijuana. Most other states have been reluctant to follow, but support for Mary Jane is at an all time high.
For the first time ever, the majority of Americans say marijuana should be legalized. According to a recent poll from Gallup, 58 percent say they favor legalization, compared to 50 percent in 2011, and only 12 percent when Gallup first asked the question in 1969. Public support for legalization more than doubled during the 1970s, but weakened in the 1980s and 1990s.
“Success at the ballot box in the past year in Colorado and Washington may have increased Americans’ tolerance for marijuana legalization,” explained Gallup. “Support for legalization has jumped 10 percentage points since last November and the legal momentum shows no sign of abating. California’s second highest elected official, Lt. Gov. Gavin Newsom, said that pot should be legal in the Golden State, and advocates of legalization are poised to introduce a statewide referendum in 2014 to legalize the drug.”