Abstract
Marijuana legalization may seem as a very unconventional theme for economic research. It really is, but the current economic crisis demands unconventional solutions for conventional problems. This research tries to prove many positive effects of marijuana legalization, both from social and economic point of view.
Unfortunately, empirical data on this topic is scarce, because of the negative attitude towards marijuana created by prohibition in western societies. Marijuana usage, possession and trade are criminal activities in most western countries and therefore no representative data exist. This makes the task of describing the empirical capacity of these activities highly impossible.
In order to achieve its goal, the paper researches different sources of valuable information on the topic. It depicts different positive effects that may result from marijuana legalization, giving real examples and solid arguments in defense of the thesis.
