Silly liberaltarian. "Regulating" and "taxing" it will take AT LEAST as much administrative, law enforcement, legislative and prosecutorial, and, yes, incarceration efforts as fighting drugs; I say exponentially more. The tax-payers thank you - NOT.
But you fail to recognize that you are violating your own sacred "theology" by getting the government even MORE involved in the process. Why is it that liberaltarians don't just advocate for a complete hands-off approach to drugs? Or are you unconsciously recognizing that is really is such a hazard to society that it MUST be harnessed in some way?