Marijuana could be legal post-recession

People may soon be using drugs such as marijuana as casually as alcohol, a U.S.-based researcher recently told Businessweek.com.

That’s because the Socionomics Institute has discovered a “correlation between increased marijuana legalization in the U.S. and the pessimistic, post-recession national mood.” The institution has found, added the researcher, that “in a positive-mood trend, people think they can fix society. One way to do that, they believe, is to remove perceived social ills such as recreational drug use. [But when]…people are less optimistic about the future and their ability to improve it, they start questioning the high financial, social, human, and political costs of prohibition.”

Read more on how that theory connects to recreational drug laws.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.