legalize ALL drugs!

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I was debating with a couple people on moral laws, and the topic turned to drugs... "if drugs become legal, the price of drugs would drop significantly. drug stores would take over that industry, and the mafia and gangs could not compete with a legit company. the 'bad guys' would go out of biz because they would need to compete with these guys. there would be no need for them to send drug dealers standing next to our schools, it would simply be unprofitable." if drugs are legalized, there would be no need for them to lie, kill, and steal or even work for the drug dealer/mafia/gang. Why? ITS CHEAP AS HELL. if they want to waste their life getting high, its completly their decision! and its cheap! A few cents here, a hit their.. druggies wouldnt do anything to stop them from getting high, and they are totally aware that there are no drugs in jail, so they would avoid that completly if drugs are cheap.