How Could Medical Marijuana Potentially Help Louisiana? - Research Paper

Introduction

Recent years has seen a rise in debates about Marijuana. Experts in different fields support the fact that a particular type of commodity which is medical marijuana has more benefits than negatives contrary to how lawmakers portray it (Frankel and Amanda 18). Jamaica legalized marijuana a long time ago, and the country continues with its medical and economic activities usually like the nations that prohibit its use. Among others, this factors also contribute to nations and states desires to legalize the commodity. To harness the benefits of the product, States in the US welcome the product through legislation. Louisiana is the recent statements that appreciate use of medical marijuana. But what are the benefits of the commodity? This paper explores the benefits that medical marijuana would initiate to the government and people of Louisiana.

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Medical marijuana bears potential benefits in two folds including health aspects and economic aspect.

Medical Benefits of the Product

Medical marijuana bears countless health benefits to the human being. Below are some of the benefits the commodity will impart to the people of Louisiana.

The Commodity will Reduced Cancer Cases in the State. A component of marijuana known as Cannabidiol can prevent cancer by turning off the Id-1 gene responsible for cancer propagation (10). Also, studies show that the same gene is responsible for widespread breast cancer. Exposing the victims to marijuana depicted positive results by decreasing cancers cells in Id-1 expression. The cells also turned-out to be less aggressive in spreading the menace (Grbic and Ryder 10).

Louisiana records among the heights figures of people dying from cancer. About 160 people in the state die per week as a result of the menace. The team adds that would the diagnosis of the condition happen early enough, the state would save almost three-quarters of the life, therefore, allowing the use of medical marijuana in Louisiana gives freedom to specialist doctors to incorporate it in salvaging brain, breast, and lung cancer patients.

Medical Marijuana will Facilitate Control Over Epileptic Seizure. Louisiana state contributes to almost an eighth of the one percent of United States population of the Epileptics. Lousiana needs to address theshe statistics. Nevertheless, seizure approach seems insufficient in combating the menace. Thus, the state should formulate options that will help in lifting the case.

A 2003 study by Frankel and Amanda Dr. Green Thumb Goes to Washington, which involved giving synthetic marijuana and the products extract to epileptic rats shows that using marijuana will help in controlling epileptic seizure (21). During the study, seizures in the rats stopped just after 10 hours of drug administration. THC, a component of marijuana initiated the process by fixing the cells in their brain that controls nervousness and regulates easiness. Therefore, coming of marijuana in Louisiana reignites the hopes of seizure populations in the state as they stand to benefit from its legalization.

The Commodity will Free Louisiana from Crohn's Condition. Crohn's ailment refers to a seditious bowel condition that leads to diarrhea pain and weight. As tee Louisiana/Mississippi chapter indicates, doctors in Louisiana state strain to enlighten the population about the disease. Research on cannabis indicates the commodity is helpful in curing the condition.

Using marijuana considerably reduces symptoms of Crohn's disease in more than half of the collected sample (Grbic and Ryder 12). For instance, physicians subjected eleven patients on a test and 5 of them showed significant improvement while the process sealed five of the patients completely. Despite the small size of the research, results from other analyses also show similar trends. Cannabis component cannabinoids help the gut to control bacterial function and intestinal activities. Therefore, coming of medical marijuana in Louisiana allows patients in the state to access treatment much more accessible.

Marijuana will help Doctors to Reduce Brain Concussion and Trauma in the Population. Marijuana helps in healing the brain from shock and other traumatic injuries (Frankel and Amanda 20). The team concludes this after analyzing research on Cerebral Cortex which indicated marijuana's positive impact on the patients. Literature shows that experiments on mice depicted a reduced bruising of the brain. From these results, the group deduces that the marijuana commodity helped with healing mechanisms after the traumatic injury.

Others medics advocate that the state should stop testing parties in marijuana chain and finance the research on the cannabis ability to guard the brain of sickness (Frankel and Amanda 23). Trauma patients in the state will benefit from the improvement of the marijuana medical aspects.

Economic Benefits

The economic benefits of legalizing medical marijuana are apparent in the states that already have legalized the commodity. The overall idea is that authorized marijuana triggers a push for economies of the region. Below are specific critical economic benefits of medical marijuana.

The state will experience an Increase in Income and Job opportunities. The commodity comes with potential income and job opportunities to the people of Louisiana. After its legalization, the first step from the Louisiana state will be to establish marijuana dispensaries and nurseries. The residents of the state will do the setting up of the products complementary. No activity happens without employing the efforts of a human being (Theofanis and George 147). Therefore, these moves would not only initiate employment opportunities but will kick-start the economic activities of the pot industry in Louisiana.

Also, a report predicts that legal marijuana in the state could generate 0.2 million jobs by 2025. Additionally, the move attracts ample occasions for secondary businesses which relate to cannabis activities including financing services, software developers and construction companies involved in its production and distribution (Theofanis and George 152).

It will Contribute Positively to the state's Tax Revenue. Louisiana is a broke state with over 800 million dollars budget deficit, a condition that results from a lack of economic diversification. Experts suggest that it is only through diversification Louisiana will manage to salvage its people from poverty (Hajizadeh and Mohammad 441). Conversely, Washington as a state rips significant tax revenue from the sale of medical marijuana. The state collects over one-hundred and thirty-five million dollars as tax and fee on the product.

In addition to receiving a percentage of revenue from medical marijuana sales, the Louisiana Department of agriculture collect an annual licensing fee from the state cultivators and also yearly permit payment. With the high-level network of illegal marijuana existing in Louisiana, the state stands to benefit even more tat Washington from cultivation, supply and sale of the commodity.

Increase in Investment Opportunities. Medical marijuana will also provide investment groups across Louisiana state. While bang remains prohibited, it is hard for stakeholders to capitalize on how they can make the industry sprout (Hajizadeh and Mohammad 445). The figure of firms dealing in marijuana business on public stock exchanges is small while business people can opt to trade on over-the-counter exchanges, many such successful industries base in Canada.

Therefore, legalization of the commodity in Louisiana allows marijuana companies to list their stocks on United States exchanges. The listing will open up the entry of more investors boosting the state's economy if the growth index for this commodity continues as they at the prevailing rate, investors would join the industry.

The Move will help Save States Money. In the effort to curb the use of drugs in the state, Louisiana accounts lose of millions of several billion dollars every year (Theofanis and George 157). Considering its economic condition, it is necessary to reduce such expenditures to save on the money bucket of the state. With the legalization of cannabis, the state will incur fewer enforcement costs. Also, few court cases involving the substance misuse would go to probationary. The reduction of such cases results in fewer incarcerations which is one of the ways of saving states money.

Medical consumers of cannabis-based products will also benefit from this move. With the legalization, the overall charge will reduce a resulting from commoditization (Hajizadeh and Mohammad 447). This drop may appear as to be a disadvantage for tax revenue collectors or marijuana establishments looking for maximum profits, but for entities utilizing marijuana products for therapeutic activities would considerably benefit.

Conclusion

From the discussions, the state of Louisiana stands to benefits from the legalization of medical marijuana. Amon the interests include improvement of the population's different health issues. The commodity will also help to offset the economic burdens of the state from its taxation of all activities in the chain of the merchandise. Such activities include cultivation permit fee, sales custom duty, a general tax on the commodity. However, due to the prevalence side effects of marijuana to the human body, regulatory bodies should control its use so that only licensed sectors and people participate in the activities of the product. This move will help protect the larger population from chronic effects of the drug.

Works Cited

Grbic, Jelica, Perilou Goddard, and David Ryder. "Observations of the role of science in the United States medical cannabis state policies: lessons learnt." International Journal of Drug Policy 42 (2017): 109-114.

Frankel, Amanda. "Dr. Green Thumb Goes to Washington: A Scientific Argument for the Legalization of Medical Marijuana." Seton Hall Cir. Rev. 14 (2017): 118-125.

Hajizadeh, Mohammad. "Legalizing and regulating marijuana in Canada: review of potential economic, social, and health impacts." International journal of health policy and management 5.8 (2016): 439-453.

Theofanis, George. "The Golden State's High Expectations: Will California Realize the Fiscal Benefits of Cannabis Legalization." McGeorge L. Rev. 49 (2017): 146-158.