We’re finding it interesting how various outlets are reporting what we think is actually quite groundbreaking national regulated cannabis legislation.
The NZ Herald sits quite closely to the way we think at CLR
Reeferendum: Proposed big fines for cannabis corporates, ‘help not handcuffs’ for young cannabis users
A national cap on the amount of cannabis that can be grown and heavy fines, including jail time, for unlawful sale or supply are key features of the proposed framework for legalising cannabis for personal use.
But fines for underage (younger than 20) possession are comparatively light, and could even be waived if the young offender agreed to a drug treatment or education programme.
“We don’t want to criminalise a younger offender, but we do want to criminalise those seeking to exploit or take advantage of young people,” Justice Minister Andrew Little told the Herald.
Mirage News reports it as it is
News Hub takes the tax angle
How much legal cannabis could raise in tax revenue – and why it might fail
A new report shows a legalised cannabis market could raise $490 million in taxes each year – but only if it’s good enough to wipe out the black market.
And with the Government hoping to design it in a way that discourages use over time, the New Zealand Institute of Economic Research (NZIER) fears it might not be.
It’s released a new report into how the proposed legal cannabis system proposed by the Government might work. The findings are based on a similar report the group did a few years ago, but updated with new evidence collected from places where it’s been legalised recently, such as Canada and parts of the United States.
“The evidence from America is you can wipe out the black market if you have an open, regulated regime that allows customers to get access to the product they want and allows low-cost production,” principal economist Peter Wilson told Newshub.
“But the Government seems to be saying it doesn’t want that to happen – it doesn’t want a commercial market. It wants to see use reduced through time.”
Benzinga’s Report Accuses Draft Legislation Of Being “Protectionist”
They don’t seem to mind the idea of the legislation being progressive but just because the New Zealander’s are canny and don’t particularly want McWeed, we have Benzinga pushing a pro hyper us capitalist view of the world, that in which they happily trash a nascent sector with their own product.
This reform promises to lead the international legalization movement by proposing a series of highly progressive issues.
In general terms, it will be very similar to the Canadian reform, although it will have an extremely protectionist tinge on native and more vulnerable communities.
Marijuana Moment’s Report
MJ Biz Report