Article: Key Regulatory Dynamics Shaping Nicotine and Cannabis

Here is the introduction

 

Regulatory Dynamics in Nicotine and Cannabis has been identified by industry leaders and through Euromonitor International’s global analyst network as one of the most important themes for clients in the nicotine and cannabis industries. The impact of regulation across both the tobacco and the cannabis industries is immense, with the former experiencing ever-tightening frameworks, often even on newer, perceived less harmful forms of consumption, and the latter going through a period of rapid, if uneven, liberalisation. This theme examines the key elements of regulatory mechanics in each industry, analysing where one may influence the other in the longer term.

Regulation is fundamental to both industries

Regulatory frameworks determine the performance of nicotine and cannabis, and while they are ostensibly moving in contrasting trajectories, each industry will remain heavily shaped by its legislation, making compliance capability table stakes for involvement.

Tobacco has long been the most regulated CPG industry, with its legislative frameworks influencing its performance. So fundamental to tobacco is regulation that the public health bodies and third sector organisations which drive it are significant industry stakeholders in their own right. They have developed a “science of intervention” which has made tobacco a crucible of legislative measures in other industries, not least cannabis.

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https://www.euromonitor.com/article/key-regulatory-dynamics-shaping-nicotine-and-cannabis

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