How do I feel about this suggestion, well I agree. Legalise it, that way we can apply standard quality controls, pump out education and information, and place externality taxes on it.
Worst case scenario: The externality tax makes the drug so expensive that the current gang based supply of drugs (with an associated motive to avoid tax) remains the cheapest option for people – in this case the legalisation makes no real difference. However, I would still only support bans above taxation here if it turned out that bans were arbitrarily cheaper – as other social outcomes would be the same.
There is nothing wrong with someone making a choice to take drugs when they understand the issues surrounding them. Legalisation helps us create a situation where people can make well informed decisions regarding drug use.
Furthermore, there is nothing wrong with an individual taking the drug persee – although we may be concerned about how their actions following any use impact on other people. In this case legalisation, education, and a bunch of taxation will do the trick – the current situation does not target these external activities very well at all.