A legal high is a cheaper high

Study shows Israel could lower the cost of marijuana by 40% and swell its coffers by over NIS 1 billion if it legalizes the drug
The Times of Israel (Israel)
Wednesday, October 2, 2013

pro-legalization-israelA study by the Jerusalem Institute for Market Studies showed that if marijuana were legalized and taxed at a similar rate to cigarettes, it would yield about NIS 950 million (268 million USD) in taxes, while it could save the state the NIS 700 million (198 million USD) on enforcement every year. In a public opinion survey on marijuana legalization whose results are analyzed in the paper, only 26% of Israelis support legalization, while 64% opposes it. A large majority (75%) believe marijuana has legitimate medical uses.