I’m concerned about the potential for
So are we. That’s why we’re very pleased with measures to prevent that in the Cannabis Legalisation and Control Bill. It would ban vertical integration – so no company would be able to have a stake in both production and retail – and limits any one company to no more than 20% of the market. The bill’s rules on licensing and allocation explicitly favour applicants who can demonstrate a social purpose, non-profits included, and Māori organisations. Advertising and marketing would be prohibited.
Got Netflix? Have a look at the cannabis episode of the great new series The Business of Drugs, which explains what California got wrong when it legalised – and by implication what our own referendum bill gets right in terms of preventing “Big Cannabis” and providing a pathway for current illicit growers go legit. Aotearoa really does win this one.
It’s important to note that the bill would have to go through a full select committee process after a “Yes” vote and there would be an opportunity to tighten these regulations even further. We’re all for keeping cannabis small and local.