If reducing harm to society is the goal, a cost-benefit analysis shows cannabis prohibition has failed

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As with alcohol, tobacco, prostitution and gambling, regulation – not prohibition – seemed the smarter way forward

Third, criminals have thrived on the illegality of cannabis. The median price of an ounce fluctuates between. With such attractive profit margins for an illegal product, a black market is inevitable.

In turn, the quality and safety of the product are not regulated, the market is not controlled , and no tax is earned from the profits. The spill-over crime rate increases as gangs or cartels seek to monopolise business and expand their territory.as a solution to these problems. If it became law the current situation would change in several significant ways:

access to cannabis for those aged 20 or over would be restricted to a personal supply or purchase of 14 grams per day at a set potency levelstandardised health warnings would be mandatoryselling to someone under 20 would risk four years in jail or a fine of up to $150,000money would be available for public education campaigns to raise awareness of potential harm and promote responsible use.put the potential tax take as high as NZ$490 million per year.

 

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All drug prohibition... you were so close!

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