3 Mar 2007

Hawaii university study finds legalising marijuana could saves millions of dollars

11:07 am on 3 March 2007

A study by a Hawaii university found that legalizing marijuana in the state would save 10 million US dollars spent each year on law enforcement efforts.

The University of Hawaii West Oahu Economist, Lawrence Boyd, says the study found regulating marijuana in the same way as alcohol would lead to 23 million US dollars in savings and new revenues annually.

The study says the 10 million US dollars spent by police and the courts has failed to reduce the availability of marijuana in the state.

It adds falling marijuana prices indicate law enforcement efforts to restrict the supply of the drug have failed.