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Cannabis Regulation and Development: Fair(er) Trade Options for Emerging Legal Markets
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Martin Jelsma,
Sylvia Kay
Drug Policies and Development, Volume: 12, Pages: 106 - 124
Swansea University Author:
David Bewley-Taylor
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DOI (Published version): 10.1163/9789004440494_007
Abstract
Significant policy shifts have led to an unprecedented boom in medical cannabis markets, while a growing number of countries are moving towards the legal regulation of adult non-medical use. This trend is likely to bring a range of benefits. Yet there are growing concerns over the many for-profit ca...
| Published in: | Drug Policies and Development |
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| ISBN: | 9789004440487 9789004440494 |
| ISSN: | 978-90-04-44048-7 978-90-04-44049-4 |
| Published: |
Geneva
Brill | Nijhoff
2020
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| Online Access: |
Check full text
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| URI: | https://cronfa.swan.ac.uk/Record/cronfa55852 |
| Abstract: |
Significant policy shifts have led to an unprecedented boom in medical cannabis markets, while a growing number of countries are moving towards the legal regulation of adult non-medical use. This trend is likely to bring a range of benefits. Yet there are growing concerns over the many for-profit cannabis companies from the global North that are aggressively competing to capture the licit spaces now opening in the multibillion-dollar global cannabis market. This threatens to push small-scale traditional farmers from the global South out of the emerging legal markets. Those trying to transition out of illegality face huge difficulties due to a combination of the legacy of criminalisation and administrative barriers to entry. Conquering and protecting spaces for small-scale farmers within the current overheated and corporate-driven market will require affirmative action, regulation of foreign investment, and well-designed legislative and market strategies. This policy comment explores the unfolding market dynamics from a development perspective and offers a set of guiding principles and policy proposals upon which a more equitable, fair(er) trade cannabis regulation model can be built. |
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| College: |
Faculty of Humanities and Social Sciences |
| Start Page: |
106 |
| End Page: |
124 |