Legalising Cannabis For The Better?: Generating More Government Revenue for Job Opportunities and More!

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The Greens argue that by legalising cannabis, the government can gain $28 billion in revenue a decade after implementation.

The money raised might increase the rate of JobSeeker and the Youth Allowance by $80 per fortnight, according to Greens Senator David Shoebridge, the party’s spokesman for justice.

As an alternative, it might be used to construct more than 88,000 new public housing units during the following ten years, providing homes for 250,000 people.

“We know that legalising cannabis reduces harm by keeping people out of the criminal justice system. This report shows how it will also bring in tens of billions of dollars of public revenue as well,” Mr Shoebridge said.

“With the revenue generated from legalised cannabis, we can build new public housing for a quarter of a million people or lift JobSeeker by $80 a fortnight. This is an opportunity for some serious investment in social justice.”

“Legal cannabis makes enormous social and economic sense. When we legalise cannabis, we take billions away from organised crime, police, and the criminal justice system, and we can then spend it on schools, housing, hospitals, and social support,” Mr Shoebridge said.

By implementing the unrestricted use of cannabis in the country, Australia can be one of the international tourism go-to sites for dope smokers. Thus, this move can increase tourism sales by 10 per cent.

Additionally, the revenue can hit a whopping $36 billion provided that a 25 per cent cannabis sales tax is imposed.

Shoebridge urges the parliament to catch up with the citizen’s demand to implement the legalisation of cannabis in the country. 

According to the proposal, Australia would establish a Cannabis Australia National Agency (CANA) and implement strict regulations to legalise the cultivation and sale of marijuana for recreational use.

The cannabis agency would be in charge of overseeing the legalisation and regulation of cannabis for recreational use, serving as the sole wholesaler between producers and retail establishments, and setting the wholesale price of cannabis, which the drug’s street value would initially determine in Australia before changing in response to market forces.

Additionally, it would grant producers and private retail stores sales and production permits.

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