I don't see how prohibition and the War on Drugs prevented them from happening too. All that was achieved by the War on Drugs was a massive waste of taxpayer money[0], the creation of a large, organised, violent and powerful criminal underground[1], filling up of prisons with non-violent offenders[2], denying treatment to millions of addicts and treating them like criminals, and the violation of the rights, freedoms and liberties of large numbers of innocent people[3].
[0]-
1) http://cdn.thewire.com/img/upload/2012/10/12/drug-spending-v...
2) http://www.drugpolicy.org/wasted-tax-dollars
3) http://edition.cnn.com/2012/12/06/opinion/branson-end-war-on...
[1]- http://www.countthecosts.org/sites/default/files/Crime-brief...
[2]- http://www.ibtimes.com/drug-offenses-not-violent-crime-filli...
[3]-
1) http://object.cato.org/sites/cato.org/files/pubs/pdf/balko_w...
2) http://www.tucsonnewsnow.com/story/26290903/police-militariz...
3) http://informahealthcare.com/doi/abs/10.3109/10826084.2015.1...