A CLEAR Plan For The Regulation Of Cannabis In Britain

CLEAR has published a report from the Independent Drug Monitoring Unit (IDMU) that shows a tax & regulate policy on cannabis could produce a net benefit to the UK economy of £6.7 billion per annum. This estimate is made from a detailed study of the size of the UK cannabis market, potential tax revenues, criminal justice system savings and additional costs of regulation including health information and education.

UK ECONOMY TO GAIN £6.7 BILLION FROM CANNABIS TAX & REGULATE

Almost overnight the UK could enjoy a boost to its economy that is the same as the entire annual budget for the Department for Culture, Media and Sport, twice the budget of the Department for the Environment, Food and Rural Affairs and three times the budget for the Department of Energy and Climate Change.

Without any new laws or any change in existing law, ministers could move this huge market out...

Rate this article: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.