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The Economic Implications Behind The Cannabis Legalization Debate

March 11, 2019

Via: Forbes

After decades of prohibition, some countries are starting to consider legalizing cannabis as a way to tackle the increase in consumption and take benefits from it. The fact is that cannabis is the most used illegal drug in the world, so looking the other way or introducing ambiguous or restrictive regulations is not going to solve the problem. Some Governments across the globe have taken action by regulating the cultivation and consumption of cannabis, this is the case, for example, of some states in the US and Canada. Now the focus is set on Europe, where the regulation of cannabis for medical use is being discussed in the European Parliament and some Member States have a whole new debate on the economic benefits that legalizing cannabis may bring.

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