Question

Create a cost-benefit analysis for legalizing marijuana in Canada. Identify 2-3 stakeholders.

Answer 1

Stakeholders like :marijuana producer,govererment ,society.

Cost benefit analysis means that if a decision is made by a company, country, first looks at the cost related to that decision and looks at the benefit related to it. Then if benifit is dominate over cost in the decision process related to it, then it is further included in the decision otherwise not.

cost-benefit related to legalizing marijuana is taken into consideration.

1)That is, what is its impact on the society, what is its economic value, what is its impact in cultural areas and what is the situation in other areas of political stability etc.

2)Depending on the social benefit, the way in which marijuana can be used and manufactured will be used in curing various types of diseases.

3)It is a drug which can increase the crime rate in people and instability in society.On the one hand marijuana is used as drugs while on the other hand it can also be used to fund terrorist activities through money laundering.Which can threaten the integrity and cohesion of the society and create political instability in the country.

4)Narco terrorism, which is prevalent in Latin America countries, can get canada boostboost as marijuana legalize and thus it may create parallel economy of marijuana related in name of legalize.

5)This field is new, which is emerging for the first time. The investment opportunity related to this should also be taken into consideration.

6)As a social cost, all these things can have the wrong effect on children, that is, children are intoxicated.

7)Apart from this, it is also used in the treatment of cancer which is a major problem globally. It is beneficial for the society.

8) After the legalization of marijuana, the government will also increase the tax and when it is produced by the producer, it will get an economic benefit. Benefit will be provided by the supplier through supply, processor processing and through supply.