Impact of cannabis legalization upon economy

Alexander Hilli

Bakalářská práce

Abstract:

Cannabis legalization is often discussed topic in the modern society in 21st century. While some of people are strictly against, saying that it would lead to higher drug use, increased health risks and other problems associated with higher consumption of the drug, others are voting for legalization arguing that the current system is not preventing the cannabis use among people and that society can benefit from the legalization both economically and socially. In this thesis the sole focus is on the economical point of view and the cost and benefit reasoning behind the legalization process. On a proposed model of legalization in Czech Republic the costs and benefits will be calculated as they are expected to come in the year of legalization and after it will be determined whether the legalization would be economically beneficial or not for the society in Czech Republic and its people.

Keywords

Legalization, Cannabis, Cost-Benefit Analysis, Monte Carlo Analysis, Cannabis Taxation

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 7. 3. 2018

Obhajoba závěrečné práce

• Vedoucí: Ing. Petr Procházka, MSc Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Bakalářský studijní program / obor:
Economics and Management / Economics and Management