Cute name, SmallGovRepub. You want to legalize drugs? BIG government bureaucracy to control it. Yeah, we need MORE government.
Again, I'm not for legalizing all drugs, only marijuana. Yes, there would be regulations and regulators involved. In many ways though the government would be less involved and instead of blowing a fortune trying in vain to enforce the ban we'd be generating tax revenues. The taxes would easily cover the costs of regulating the marijuana industry. The billions we spend trying in vain to keep up the ban are just wasted.