It makes sense. We have argued for a long time that ending pot prohibition would do much to reduce crime.
Marijuana is by far the illicit drug of choice in the USA. Even though weed is relatively bulky, smells like a skunk crossing and so is easily detected, it remains number 1.
Legalize the market, legitimize the market, and the prohibition inflated profits (and incentive) go away.
It should be noted however that profits are not only reduced for illegal drug dealers, but also to some extent for the LEGAL drug dealers, the booze and pharma firms.
(From The Daily Caller)
“Two or three years ago, a kilogram [2.2 pounds] of marijuana was worth $60 to $90,” Nabor, a 24-year-old pot grower in the northwestern Mexican state of Sinaloa, told NPR. “But now they’re paying us $30 to $40 a kilo. It’s a big difference. If the U.S. continues to legalize pot, they’ll run us into the ground.”