What a regulated UK cannabis market might mean for business

Nick Clegg has warned of the risks of 'unfettered commercialisation', but how could the UK build a model that works for both small and large enterprises?
The Independent (UK)
Friday, June 2, 2017

Former Deputy Prime Minister Nick Clegg claimed that legalising cannabis in the UK would improve public health, but warned of the “risks of unfettered commercialisation”. In doing so, Mr Clegg highlighted the potential tension between building a model that works for health and one that works for business. So what might that model look like and what could it mean for UK business? Key policy areas include price controls, taxation policy, licensing of production for retailers and the regulation of vendors themselves.