Knitted outerwear, the second-largest revenue source for Aurora, accounted for 35% of revenue; 3). Wovens, a small (13%) but important segment for the company, was believed to be a great market to find growth opportunities; 4). Industrial and specialty products, the smallest segment, it provided the highest margins for Aurora. Although Aurora was the leader in textile-mill industry, the company and the whole industry were in a crisis situation because of globalization, and cheaper production costs overseas. Since textile-mill was a labor-intensive industry, in more recent years, the search for cheaper production costs had begun to move the textile-mill industry to Asia.
Cannabis, also known as Marijuana has been smoked dating back to China in 2700 B.C. In 1545 it was introduced in to America and was grown as a cash crop, and was also sold in bars around America, right next to tobacco. Marijuana was made illegal in 1937 based on false propaganda and racism because some blacks usually smoked it. There are many fallacies regarding the effects of marijuana; like the addictiveness, cancer causing levels and reasoning impairment for the users. Despite these false accusations, marijuana has been found very useful in the treatment of cancer, AIDS, glaucoma, arthritis, and chronic pains.
It is also very environmentally friendly. The fibrous base of corrugated cardboard is ideal for recycling (Jack, n.d.). When recycled, paper packaging can be turned into things like presentation boards and moving boxes. Paperboard packaging is inherently positioned to make a significant impact on renewable, recyclable packaging that saves energy from production to shipment to storage, and then back again to the paper mill (Paperboard Packaging, n.d.). With every advantage comes a disadvantage.
This is because the federal government would regulate and tax Marijuana, similarly to alcohol and tobacco. The federal government on average collects close to 7 billion dollars a year just from tobacco. If Marijuana were to be legalized the taxes would be projected to be the same. This means an extra 7 billion dollars a year for use on programs and could be used to prosecute criminals for harsh crimes such as murder and robberies. An estimated 1,663,582 arrests were issued in 2009 alone, this is an extreme amount of arrests, and it’s aiding to the overcrowding of jails.
The main difference between hemp and marijuana is the concentration of THC. The amount of THC in hemp is much lower at approximately 0.3% compared to marijuana which can be anywhere from 5-25%. The fact that hemp contains THC has been a major argument for not legalizing it in the United States. The truth is hemp has such a low concentration of THC a recreational marijuana smoker could smoke an acre of it and get nothing more than a headache for their efforts. (Earlywine) Hemp has been cultivated world wide throughout history with the earliest use dating back more than 8000 years ago in Taiwan.
It is also a powerful vasoconstrictor and as such in some cases it can be used to reduce the amount of bleeding to areas. (Brian and Coward, 1989). Although it is known that coca leaves were used throughout the Incan empire, it was first popularized in the USA and Europe in the late 1800s (Brian and Coward, 1989). By 1912 the harmful effects of cocaine were realized and it was made illegal in the united states; many European countries followed. Cocaine again became popular in the 1970s however, due to its expense it was limited to only the wealthy in the population.
Not just that, but I also think, and economists agree with me, that the country could gain a lot in taxes, if the sale of marijuana in general was legalized, just as the tobacco a drug that kills 6 million people per year in US*is. “More than 300 economists, including three nobel laureates, have signed a petition calling attention to the findings of a paper by Harvard economist Jeffrey Miron, which suggests that if the government legalized marijuana it would save $7.7 billion annually by not having to enforce the current prohibition on the drug. The report added that legalization would save an additional $6 billion per year if the government taxed marijuana at rates similar to alcohol and tobacco.”** Basically, marijuana is a preparation of the Cannabis Sativa plant. Common called Cannabis, this hemp plant seems to have its origins in Asia, and it has reached Europe more than a thousand years ago. Marijuana started being restricted and becoming illegal as a drug in the US by the latter 80,s, early 90’s.
Even Thomas Jefferson even said “Hemp is of first necessity to the wealth & protection of the country” (http://www.hemppresidents.com/pot-and-hemp-quotes.htm) while currently marijuana is only legal for medical use in certain states. Marijuana treats those with migraines, relieve symptoms of chronic disease, prevents seizures, etc. Also the ‘American Association of Cancer Research has proved that marijuana slows the growth of tumors. The widespread of marijuana in America its hard to estimate the amount illegally in America. The Process Starting off I simply looked up “major social issues in America” which showed a list of current events and problems.
A Schedule One Substance doesn't have any accepted medical use in the United States and a high potential for abuse. The state argued that the federal government's policy [of targeting physicians for recommending Marijuana as medicine] deliberately undermines the state by incapacitating the mechanism the state has chosen for separating what is legal from what is illegal under state law. States are arguing that they could use Medical Marijuana as a source of income to help pull us out of debt. According to “priceofweed.com” a crowd sourced Internet archive of pot prices across the country, the national average cost of an ounce of high-quality marijuana is roughly $350. Pot smokers can really stretch their dollars on the West Coast.
The Golden State says “sellers of marijuana are required to hold a seller’s permit and file and pay sales tax, sellers who sell without a permit face up to eight year sentences in jail.” Legalizing marijuana can mean billions of dollars for the government. The average consumer pay $10 dollars per gram for illegal marijuana .That could raise about $40 billion to $100 billion in new revenue. The marijuana act in 1937 levied a tax equaling roughly one dollar on anyone who dealt commercially in cannabis, hemp, or marijuana; but the act was overturned in 1969. If the federal government legalized marijuana it would offer a large revenue that could be taxed similar to alcohol and tobacco. That income earned will be subject to standard income and sales taxes.