Policymakers will have to think carefully about pricing, taxation and providing discounts for buying in bulk. Else legalisation may not deliver a substantial tax windfall after all.
The ACT legislation conflicts with federal laws, which still prohibit the possession of cannabis. It’s unclear how police will respond and whether users could still be charged.
If South Africa’s argument in court is that marijuana causes harm, it deserves to lose. The real question it should ask is whether criminal prohibition is the effective way forward.
It is one thing for a jurisdiction to decide that it no longer supports the prohibition of cannabis; it is another to figure out how to establish and regulate a legal cannabis market. Uruguay became the…
About one-quarter of Australians support the legalisation of cannabis. And advocates often point to the potential of raising tax revenue from sales as part of their argument. But there has been limited…
We appear to be on the cusp of a major change in the laws surrounding the use and sale of cannabis. Several nations have now decriminalised usage, and the first steps toward full legalisation have taken…
It is easy to despair of the low quality of public debate on drugs policy in the UK. Some of the loudest voices reflect fixed views and make opportunistic use of any fragment of evidence that happens to…
We should all be concerned about our laws on illegal drugs because they affect all of us – people who use drugs; who have family members using drugs; health professionals seeing people for drug-related…
Professor of Health Policy & Management, USC Sol Price School of Public Policy & Senior Fellow, Leonard D Schaeffer Center for Health Policy & Economics, University of Southern California