Approve the Guam Cannabis Industry Act of 2019, Bill No. 32-35 (COR)

Approve the Guam Cannabis Industry Act of 2019, Bill No. 32-35 (COR)

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Jesus Taitingfong started this petition to Senators of the 35th Guam Legislature

By signing this petition, I request that members of the 35th Guam Legislature approve Bill No. 32-35 (COR), the Guam Cannabis Industry Act of 2019. 

I support this legislation for the following reasons: 

1.  Cannabis, like tobacco and alcohol, may be regulated to reduce harm on vulnerable populations, such as children under the age of 21.

There are several studies that underscore the challenges and effective methods associated with regulating recreational cannabis (U.S. National Library of Medicine National Institutes of Health, 2014). In the state of Colorado, where recreational cannabis is legal, cannabis use by adolescents actually declined. It was the lowest rate in the past ten years. (Ingraham 2017) 

2.  Developing recreational cannabis industries in Guam will create and diversify revenues for the Government of Guam, which may in turn be used for investing in public safety, and other areas of concern, such as education, recreational activities for children, and healthcare.

Legal recreational cannabis consumption in the states of California, Colorado, and the District of Columbia have generated $2.75 billion, $1.56 billion, and $17.7 million, respectively. (Forbes 2018) Moreover, a study conducted by Harvard University indicates that legalizing recreational cannabis 'reduces' government expenditures. The study estimates that a total of $48.7 billion dollars may be saved annually by both federal and state jurisdictions in the United States. (Miron 2010) It accomplishes this by diverting law enforcement personnel from regulating cannabis production and consumption to focusing on more harmful behaviors and drugs, such as methamphetamines, opioids and alcohol.  

 

Forbes, 2018: https://www.forbes.com/sites/andrewdepietro/2018/05/04/how-much-money-states-make-cannabis-sales/#489399a5f181

Ingraham 2017: https://www.washingtonpost.com/news/wonk/wp/2017/12/11/following-marijuana-legalization-teen-drug-use-is-down-in-colorado/?utm_term=.85cbe87c5c67 

Miron, 2010: https://scholar.harvard.edu/files/miron/files/budget_2010_final_0.pdf

U.S. NLMNIH, 2014: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4062005/ 

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