ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Decriminalising cannabis could profit economy - Drug Foundation

Author
Newstalk ZB,
Publish Date
Thu, 8 Nov 2018, 9:47AM
Cannabis could be regulated and decriminalised in the future. Photo / Supplied

Decriminalising cannabis could profit economy - Drug Foundation

Author
Newstalk ZB,
Publish Date
Thu, 8 Nov 2018, 9:47AM

The Drug Foundation has commissioned a new report which has found that up to $240 million would be gathered each year in tax from a regulated market by regulating and decriminalising cannabis.

The Foundation says more concrete examples are showing that taking a healthy approach when it comes to drugs works out.

They have released a new report showing there would be up to $83 million in net social benefits annually by replacing the Misuse of Drugs Act with a health-based drug law.

Executive Director Ross Bell told Mike Hosking countries around the world are showing that not taking a criminal approach pays off.

"It is already being done in some parts of the country, like in Northland with methamphetamine."

LISTEN ABOVE AS ROSS BELL SPEAKS TO MIKE HOSKING

Take your Radio, Podcasts and Music with you