Cannabis Regulation and Development: Fair(er) Trade Options for Emerging Legal Markets

Abstract

Policy changes over the past five years or so have dramatically reshaped the global cannabis market. Not only has there been an unprecedented boom in medical markets, but, following policy shifts in several jurisdictions, a growing number of countries are also preparing for the legal regulation of adult non-medical use. Such moves are triggered by the recognition that decades of repressive policies have proved ineffective and have had grave negative consequences. A reckoning with these past failures and a shift towards a new model for cannabis regulation look set to bring a clear range of benefits in terms of health