Like tons of people I am unsure of the impact of legalized drugs on our society. So think it would be hell on earth, others believe it would be enlightenment for the masses. I think its abit more in the gray area, but I do believe it would be a possitive thing. At the begining it would be hard as change always is but we're building on something bad right now. But thats part of the way the world works, everytime something improves its pretisesor suffers, just like oil will suffer w/ electric cars.
At the begining it would do damage. Taking away jobs from DEA, prision builders/workers, law enforcement, and others. But these are all based on an injust industry. For a while I believe that they were needed, as well as the black market, for things to 'work.' But after some thought I looked at the way society is changing and what our future holds.
Experts have been worrying about all the changes going on. More and more jobs are being taken by machines and as our society gets more sucessful we keep caring more about recreation. Americans spend more money on entertainment than anything else. This is a random satistic I pulled out of my ass but I'm pretty sure its true. We can afford tons of extra things that just make life more enjoyable throughout our daily lives.
A huge area of recreation is recreational drugs. Look at how much we spend on alcohol alone a year, imagine if other drugs were legal how much more money would be spent. More money being spent means more jobs, which means more money being made. This creates more money cerculating which equals better economy.
But the way I had it pictured before this week was it would open one new market per drug. You would buy a bag of weed, or coke, or heroin, or w/e and thats in. One company would produce it all but then I thought of alcohol. Theres budwiser, millerlight, smirinoff, and many many other companies. Same w/ cigs and coffee. And in places where pot is legal different shops sell different strains and people buy what they like, why would other drugs be any different?
Here is just afew different ideas of companies that could open up per drug:
Cannabis. Tons of companies would open up, each growing there own strains. There would be a market for food baked with pot, also huge. Many other ideas that exist also, but from the 1st two alot would open up. This in my opinion would open the most just from the differences in plant to plant, just how there are tons of cigs. There will also be uses for hemp such as paper, fuel, food, clothes, soy, and others.
Mushrooms. These guys have a wonderful effect but a not so wonderful taste. This is where I think the buisness would come in for it. We like everything done as easy and pleasureable as possible, so different ways to do this with shrooms would have to happen. Different foods would be made such as chocolate shrooms, and other candy shrooms like strawberry and vanilla. Pizza, pasta, and other shrooms filled foods like them. Others like shrooms omlet, shrooms soup, etc.
LSD. I dont believe this will have as large an industry as others besides common psycedelic buisnesses involving art, nature, spiritual use, etc.
Cocaine. There is its pure powder form for snorting, and smoking form crack. But I believe alot of people would prefer alternatives. Other parts of the world where coca is legal have coca tea, this is a big thing, being about as equal to the tea or coffee market (both of which are big markets). Drinks besides tea would start popping up, such as the drink already famous for usin coke, Coke. Due to addiction new items would apper on the market to help people get off it just like tabacco has. There is already a gum that has small amounts of cocaine and works like nicotine gum that would be marketed. Others sure to come.
Heroin. Methodone would probably be sold to help out addicts, other than that I dont really know too much about this drug period to know what they would come up with. If nothing else they would probably market cool looking syringes 
MDMA. This along with MDE and MDA I can imagine becoming popular. They would have different pills with mixes of these and other chemicals to give the exact effect you want. They would probably have time release ones that even have SSRI. They would use this for theopy.
2C - B. And all the other weird C pills would start getting used. Probably same situation as Ecstacy.
Mescaline. This would be kinda like shrooms. Most people dont like the taste. They would make fruit juices and other foods/drinks so people would have a choice of how to get it down. I also believe there would be seperate markets, or atleast customers, for peyote and mescaline since alot of people say the trips are different.
Opium. This has many uses in history. Many wines and foods has opium in them. I'm sure bringing them back and with how much the world has changed there are a whole lot of new drinks and foods that will go well with it and tons of comanies waiting for it.
There are alot of other things people can create with these drugs that I'm not creative enough to and there alot of other drugs but since there are *too* many I wont go thru and name how each one can change the world 
This is not counting combinations or side effects of legalization. Combination of cannabis and tabacco cigs or nicotine-cannabis cigs. LSD and ecstacy pills; and other drug combos with each other. Also the food industry booming from cannabis. Spiritual, nature, and artistic practices opening involving psycedelics. Places opening up for drugs use and maximum injoyment, theres already coffee shops for pot and coffee, bars for alcohol, and clubs/raves for ecstacy. Rehab just like they have for alcohol and cigs. The job market for farmers growing this stuff. And countless others.
Along side of all these new busniesses there would be changes. With any new change there comes new rules and new problems. Drug abuse is a problem that exists right now but is not taken care of, the numbers will go up if legalize, atleast for a short while. Drug abuser need to be helped just like any substance abuser. Right now few get help since society cant draw a line on what is or isn't acceptable use, since any use is considered a problem. With a clear view on use then those with a problem can get help from family, friends or rehab is needed. Just how things work with alcohol and cigs. Instead of making problems worse by hiding them or getting sent to jail.
Drug use for minors will be controlled by parents. Sale to minors will be prohibited, punishable by a large fine. Use, possession, or being under the influence, by a minor is a warning the 1st time and parents being alerted and after that punishable by a fine. What goes on inside the house is under the parents control, you control that aspect of there life like any other part, this is the way it should be. Substance abuse is a moral and family issue and should never have became a legal on. If another adult is letting kids use drugs in there house and their parents dont allow it, you get a...you guessed it, fine
The government should provide free national rehab for minors, maybe adults also, with the extra money they save off the war on drugs. This way when parents really do have a child they cant control they dont get stuck just paying fine, but the kid can get help w/o fucking up his life.
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This is enough for now. I'll finish it tomorrow.
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