Sunday, January 29, 2023
420 Daily Newz
  • Home
  • Popular Weed Strains
No Result
View All Result
  • Home
  • Popular Weed Strains
No Result
View All Result
420 Daily Newz
No Result
View All Result
Home 420 Daily Newz

Australian Residents Could Save $850 Million Annually if Cannabis is Decriminalized

420 Daily Newz by 420 Daily Newz
December 13, 2022
in 420 Daily Newz
0
Australian Residents Could Save $850 Million Annually if Cannabis is Decriminalized
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

According to a new Penington Institute report, it’s time to give cannabis legalization benefits a closer look. “Penington Institute is known for producing Australia’s Annual Overdose Report, the authoritative study on overdose in Australia. With Cannabis in Australia 2022, we aim to fill the gap for accurate, up-to-date data on Australian trends, attitudes, and approaches relating to cannabis,” researchers wrote.

The study’s foreword was written by Penington Institute CEO John Ryan, who explains a few of the problems related to the current state of cannabis today. “The Australian community’s perspective continues to evolve but is sometimes undermined by a lack of access to evidence, misunderstanding and even misinformation,” said Ryan. “Penington Institute is committed to improving the management of drugs through community engagement and knowledge sharing and so I am pleased to share with you Penington Institute’s latest report, Cannabis in Australia 2022. Our inaugural report on cannabis presents the findings from many months of research and around 100 expert interviews, which we have condensed into a concise overview of cannabis use in Australia today.”

The report explains the amount of money that it costs to crackdown on consumption and possession. “In 2015-16, more than $1.7 billion was spent on enforcement, including: $1.1 billion on imprisonment, $475 million on police, $62 million on courts, $52 million on legal aid and prosecution, and $25 million on community corrections.” If cannabis were decriminalized, the report projects that it could save taxpayers up to $850 million annually. If it were legalized, it could potentially save residents more than $1.2 billion per year.

RelatedPosts

Lawmakers want a probe, hearings into California cannabis

Cash Only’s 420 Recs: Tracie Morrissey, Internet Sleuth and ‘Pot Psychology’ Host

Similar to other countries, cannabis arrests in Australia are high. Since 2010-2011, there have been 702,866 cannabis-related arrests in the country, with approximately 90% of those charges being related to personal consumption or possession. Data from a decade later, ranging between 2019-2020, shows that half of all drug arrests (about 46.1%) were cannabis related.

Despite this, cannabis consumption in Australia is common. “More than a third of Australians aged over 14 have used cannabis at least once—37%, or 7.6 million people. Around 2.4 million Australians used cannabis in 2019, as did 200 million people worldwide,” the report states. 

In recent years, Australian residents have been surveyed to determine their thoughts on cannabis as a criminal offense. In 2010, 66% of people believed that cannabis possession shouldn’t be grounds for a criminal charge. This number increased to 67% in 2013, 73.9% in 2016, and 77.9% in 2019.

Recreational cannabis is illegal throughout Australia, with the exclusion of the Australian Capital Territory which introduced new rules about personal cannabis use back in 2020. Most recently, the territory decriminalized small amounts of other drugs, including cocaine, meth, LSD, and psilocybin in October. 

Meanwhile, Australia’s medical cannabis program continues to grow. “Australia’s medicinal cannabis market is rapidly expanding, with revenue in 2021 estimated at $230 million—up from just $30 million in 2019,” the report adds. “Around 40 companies involved in the medicinal cannabis market are listed on the Australian Stock Exchange (ASX); the 20 largest have a combined market capitalization of more than $2 billion.”

Ultimately, Ryan concludes that legislators should be addressing some of these important points. “At the forefront of discussion should be the questions of how to improve medicinal access for those who need it and how we can better reduce the harm caused by our laws and the substance itself as we progress toward a more informed and compassionate community,” Ryan said.

Source link

Previous Post

Brittney Griner is Free, But Another American Remains Locked Up in Russia for Pot

Next Post

L.A. con man had private jets, stacks of cash. He desired something more

420 Daily Newz

420 Daily Newz

Next Post
L.A. con man had private jets, stacks of cash. He desired something more

L.A. con man had private jets, stacks of cash. He desired something more

  • Trending
  • Comments
  • Latest
D.C. Council Approves Bill Providing Workplace Protections For Marijuana Consumers

27 Websites That Will Teach You About Growing Cannabis

August 24, 2022
5 Ways To Get Weed Smell Out Of Your Car

5 Ways To Get Weed Smell Out Of Your Car

August 24, 2022
How to Become a Budtender

How to Become a Budtender

November 21, 2022
Can CBD Help With Memory?

Can CBD Help With Memory?

August 22, 2022
Brand Review: Thrive Flower CBD – Nature’s Wellness Solution

Brand Review: Thrive Flower CBD – Nature’s Wellness Solution

0

Strain Review: Cookies & Cream from My Weed Bunny

0
5 Reasons Californians Should Keep Buying Weed with a Medical Card

5 Reasons Californians Should Keep Buying Weed with a Medical Card

0

Cannabis and Rental Properties: How to Create a Marijuana-Friendly Rental Property

0
Lawmakers want a probe, hearings into California cannabis

Lawmakers want a probe, hearings into California cannabis

January 29, 2023
Cash Only’s 420 Recs: Tracie Morrissey, Internet Sleuth and ‘Pot Psychology’ Host

Cash Only’s 420 Recs: Tracie Morrissey, Internet Sleuth and ‘Pot Psychology’ Host

January 28, 2023
Using Mindfulness To Heal Body Image & Feel More Confident

Using Mindfulness To Heal Body Image & Feel More Confident

January 27, 2023
Encuesta Exclusiva: ¿En Qué Lugares No Da Fumar Porro? Encuesta Exclusiva: ¿En Qué Lugar NO te Fumarías un Porro y Por Qué?

Encuesta Exclusiva: ¿En Qué Lugares No Da Fumar Porro? Encuesta Exclusiva: ¿En Qué Lugar NO te Fumarías un Porro y Por Qué?

January 27, 2023
Lawmakers want a probe, hearings into California cannabis

Lawmakers want a probe, hearings into California cannabis

January 29, 2023
Cash Only’s 420 Recs: Tracie Morrissey, Internet Sleuth and ‘Pot Psychology’ Host

Cash Only’s 420 Recs: Tracie Morrissey, Internet Sleuth and ‘Pot Psychology’ Host

January 28, 2023
Using Mindfulness To Heal Body Image & Feel More Confident

Using Mindfulness To Heal Body Image & Feel More Confident

January 27, 2023
Encuesta Exclusiva: ¿En Qué Lugares No Da Fumar Porro? Encuesta Exclusiva: ¿En Qué Lugar NO te Fumarías un Porro y Por Qué?

Encuesta Exclusiva: ¿En Qué Lugares No Da Fumar Porro? Encuesta Exclusiva: ¿En Qué Lugar NO te Fumarías un Porro y Por Qué?

January 27, 2023
Argentina Launches New Agency To Boost Cannabis Industry

Argentina Launches New Agency To Boost Cannabis Industry

January 27, 2023
Upstate New York Officials Clash Over New Cannabis Regulations

Upstate New York Officials Clash Over New Cannabis Regulations

January 27, 2023

Other 420 Daily Newz Related Sites:

High Yields

MJ News Daily

Recent News

Lawmakers want a probe, hearings into California cannabis

Lawmakers want a probe, hearings into California cannabis

January 29, 2023
Cash Only’s 420 Recs: Tracie Morrissey, Internet Sleuth and ‘Pot Psychology’ Host

Cash Only’s 420 Recs: Tracie Morrissey, Internet Sleuth and ‘Pot Psychology’ Host

January 28, 2023
No Result
View All Result
  • Home
  • Popular Weed Strains

© 2021 MJ News Daily

testing 123