Indopedia All Things Marijuana
Although the 4/20 weekend is over for this year, TWB is still getting some great submissions for content about this stoner holiday. When this one, done by a group of Harvard students called On Harvard Time (OHT), included Harvard Economist Jeffrey Miron, we knew we wanted to share it. You may recall that Miron co-authored a study in 2012 that was commissioned by the National Cannabis Coalition about the budgetary implications of legalizing marijuana in Missouri, my home state.
Miron stated that “The savings to Missouri’s state and local governments from marijuana legalization consists of three main components: the reduction in expenditures by police from eliminating marijuana-related arrests; the reduction in spending on prosecution and judicial resources; and the reduction in spending on jails and prisons as well as probation and parole. In addition to these savings, marijuana legalization would allow taxation of commerce in production and sale of marijuana which are currently tax free.”
OHT is a Harvard comedy video group with over 8,000 subscribers that is a team of about 30 students who write, direct, act, and edit comedy videos about all kinds of…
