New Study Backs Full Cannabis Legalisation in Czech Republic, Projecting CZK 5.5bn in Social Benefits Annually
As the Czech Republic’s efforts to launch a fully regulated adult-use cannabis market continue to hang in the balance, numerous efforts to convince government ministers and the general public that it would be beneficial for the country have now been launched.
Last week, the University of Economics – Prague, and its Faculty of Business Administration published an in-depth study into the potential costs and benefits of the different models of cannabis reform currently being proposed in the country.
It concluded that a ‘comprehensive model’, which includes self-cultivation, cannabis clubs and a full commercial market, could bring ‘total net social benefits of CZK 5.5bn (€218m) per year’
Meanwhile, the Rational Regulation Association (RARE) launched a new media campaign, which aims to ‘open a debate between experts and the lay public’ about cannabis regulation, while urging politicians to deal with the issue.
The study
The analysis published by the University on September 12 explores each of the current models proposed by the former National Drug Coordinator, Jindřich Vobořil, who is now an independent advisor to the government,
In late May, Business of Cannabis reported that Mr Vobořil, who was was officially commissioned by the Czech government to prepare a law for the regulation of cannabis in November last year, had completed two separate versions of the bill.
