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Cannabis in the UK Could Raise over 1B Pounds

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The United Kingdom may not be the first nation that comes to mind when someone heard the term “legal cannabis,” but it may soon take its place among other nations who allow the sale and consumption of marijuana. In fact, according to a recent study reported by the Independent, the sale of cannabis in the United Kingdom could generate between 500 million and 1 billion pounds in tax revenue per year.

And that’s just the start of the benefits.

Will cannabis in the UK become a reality?

The study in question, which was contributed to by scientists, academics, police chiefs, and others, makes a strong case for why the United Kingdom should legalize cannabis. It hits all the usual points that have been confirmed by other nations, such as higher tax revenues, lower rates of underage use, the lessening of pressure on the criminal justice system, and the medical opportunities cannabis offers. It seems like a win-win situation for both the people, and the government.

The study is currently being used by the Liberal Democrat party to help create proposals for the legalization and sale of cannabis to over-18s, as legal smokers are referred to in the U.K. The current proposals, if accepted, would allow the sale of cannabis to of-age adults, marijuana could be sold in single-purpose stores, and it would be possible to establish marijuana social clubs. It could not, however, be advertised as a product, and there would be a lot of limitations on marketing cannabis.

Which seems, all things considered, like a pretty good place to start legalization at.

 

Live where it’s legal? Find the best deals and dispensaries here.

 

Read more here:

Indian MP Argues Legal Marijuana Will Decrease Alcoholism

Israel Makes Strides on Marijuana

Pot in Canada: When Will it Be Legal?

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