Sunday, 15. September 2013
Topic: DRUGS - on September 15, 2013 at 1:54:00 PM CEST
Legal cannabis market 'would be worth £1.25bn a year to government'
The report, by the Institute for Social and Economic Research, quantifies for the first time the revenue to be gained from the regulation and taxation of the cannabis market in England and Wales.
It estimates that reduced enforcement costs, such as police, court and prison time and community sentences, could save £300m or more alone, with the remaining three-quarters of the net benefit come from tax revenue.
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