Legalising weed could see $675m a year spent on health interventions

A new report estimates a legal cannabis market could generate $675 million a year - a boon for programs focusing on cannabis-related harm reduction.

Shared via NZ Herald.

A legal cannabis market for recreational use could generate $675 million a year for the Government to spend on reducing cannabis-related harm, new economic modelling shows.

Two reports by Business and Economic Research Ltd (Berl) also say that legalisation would see an initial spike in cannabis use, accompanied by more cannabis-related hospitalisations.

But this would recede in the longer term and, with excise tax revenue put towards effective health interventions, cannabis users would have improved health outcomes while the justice system would save $11.4 million a year.

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