The decision by Germany's new government to permit 'the controlled sale of cannabis to adults for recreational purposes in licensed shops' is a game-changing precedent for the global business of marijuana.
The plan, which would open a significant market for growers and dealers, includes a reevaluation of the new law and its repercussions after four years.Decriminalisation, according to the“could deliver a net benefit to the state of €4.7 billion a year, including €2.8 billion in tax revenues and €1.36 billion in savings on police and legal costs, according to a recent study by Heinrich Heine University Düsseldorf.
“Malta has formally legislated what exists in other European countries in a weird gray area,” Steve Rolles, an analyst at Transform Drug Policy Foundation, an advocacy group in Britain, told the paper.
The German and Maltese decisions are likely to be followed by other members of the Union. A referendum in Italy obtained the necessary number of signatures while Switzerland, Luxembourg and the Netherlands are discussing the introduction of new drug regulations that move toward legalization.
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