Marijuana Legalization Opinion Turns Positive

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By Douglas A. McIntyre Published
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As state after state continues to consider following Colorado’s decision to legalize marijuana use, such actions have begun to garner substantial support.

New Pew research finds:

Public opinion about legalizing marijuana, while little changed in the past few years, has undergone a dramatic long-term shift. A new survey finds that 53% favor the legal use of marijuana, while 44% are opposed. As recently as 2006, just 32% supported marijuana legalization, while nearly twice as many (60%) were opposed.

Only people in the age group from 70 to 87 were primarily opposed.

Pew researchers found one factor was at the foundation of opinion:

When asked, in their own words, why they favor or oppose legalizing marijuana, people on opposite sides of the issue offer very different perspectives. But a common theme is the danger posed by marijuana: Supporters of legalization mention its perceived health benefits, or see it as no more dangerous than other drugs. To opponents, it is a dangerous drug, one that inflicts damage on people and society more generally.

Medical experts and doctors apparently have not convinced the broader population, although these groups are almost certainly divided as well.

ALSO READ: States Using the Most Mind-Altering Drugs

The eventual tie breaker in the argument already has become a powerful case for legalization, and it is an economic one. Colorado authorities recently reported that taxes, licenses and fees from marijuana sales in the state reached $9.1 million in February, on the way to an annual number likely to be more than $100 million for the state’s fiscal year.

Given the revenue problems in so many states, marijuana legalization will spread from state to state like wildfire.

Methodology: The latest national survey by the Pew Research Center, conducted March 25 to 29 among 1,500 adults.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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