Why and How the Liberalisation of the Cannabis Market in Germany Should Occur

Abstract This article summarises the arguments in favour of legalising cannabis and makes proposals for the design of the regulatory framework. The main argument for a regulated cannabis market is not the expected tax revenues or the legal jobs that would be created, but the improved youth and healt...

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Main Authors: Justus Haucap, Leon Knoke
Format: Article
Language:deu
Published: Sciendo 2022-01-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3091-x
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author Justus Haucap
Leon Knoke
author_facet Justus Haucap
Leon Knoke
author_sort Justus Haucap
collection DOAJ
description Abstract This article summarises the arguments in favour of legalising cannabis and makes proposals for the design of the regulatory framework. The main argument for a regulated cannabis market is not the expected tax revenues or the legal jobs that would be created, but the improved youth and health protection in a state-regulated cannabis market. While consumption of legal addictive substances such as tobacco and alcohol has been successfully curbed, cannabis consumption has been increasing for years despite prohibition. A well designed market order with appropriate market regulation and taxation is crucial for effective youth and health protection.
format Article
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institution Kabale University
issn 0043-6275
1613-978X
language deu
publishDate 2022-01-01
publisher Sciendo
record_format Article
series Wirtschaftsdienst
spelling doaj-art-019b61126c444e099474dbf33dd201c42025-02-02T00:52:35ZdeuSciendoWirtschaftsdienst0043-62751613-978X2022-01-011021323910.1007/s10273-022-3091-xWhy and How the Liberalisation of the Cannabis Market in Germany Should OccurJustus Haucap0Leon Knoke1Institut für Wettbewerbsökonomie (DICE), Heinrich-Heine-Universität DüsseldorfInstitut für Wettbewerbsökonomie (DICE), Heinrich-Heine-Universität DüsseldorfAbstract This article summarises the arguments in favour of legalising cannabis and makes proposals for the design of the regulatory framework. The main argument for a regulated cannabis market is not the expected tax revenues or the legal jobs that would be created, but the improved youth and health protection in a state-regulated cannabis market. While consumption of legal addictive substances such as tobacco and alcohol has been successfully curbed, cannabis consumption has been increasing for years despite prohibition. A well designed market order with appropriate market regulation and taxation is crucial for effective youth and health protection.https://doi.org/10.1007/s10273-022-3091-x
spellingShingle Justus Haucap
Leon Knoke
Why and How the Liberalisation of the Cannabis Market in Germany Should Occur
Wirtschaftsdienst
title Why and How the Liberalisation of the Cannabis Market in Germany Should Occur
title_full Why and How the Liberalisation of the Cannabis Market in Germany Should Occur
title_fullStr Why and How the Liberalisation of the Cannabis Market in Germany Should Occur
title_full_unstemmed Why and How the Liberalisation of the Cannabis Market in Germany Should Occur
title_short Why and How the Liberalisation of the Cannabis Market in Germany Should Occur
title_sort why and how the liberalisation of the cannabis market in germany should occur
url https://doi.org/10.1007/s10273-022-3091-x
work_keys_str_mv AT justushaucap whyandhowtheliberalisationofthecannabismarketingermanyshouldoccur
AT leonknoke whyandhowtheliberalisationofthecannabismarketingermanyshouldoccur