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.
Articles on Legalisation of cannabis
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A 1971 law, and the parallel growth of an illegal economy, shaped South Africa’s unique cannabis landscape.
Overseas evidence suggests cannabis law reform should favour caution and strict enforcement of the new rules.
Young New Zealanders are less likely to use cannabis than their 1990s counterparts. But if New Zealand decides to legalise recreational use, teens will have easier access.
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Professor of History, University of Johannesburg
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Senior Lecturer in Economics, The University of Queensland
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Professor of Criminology, Ghent University
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Professor of Policy and Health, Te Kunenga ki Pūrehuroa – Massey University
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Professor and Director, National Drug Research Institute, Curtin University
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Senior Research Fellow in Public Health, University of Otago
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Professor of Economics, The University of Melbourne