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Cannabis Campaigners' Guide News Database result:
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NEW ZEALAND: ALCP announces proposed regulatory regime for cannabis
Voxy.co.nz Thursday 11 Sep 2014 The Aotearoa Legalise Cannabis Party announced its regulatory policy today, calling for a new Ministry of Cannabis. The new regulatory authority would be established at a cost of $10 million according to ALCP's shadow budget. ALCP regulatory spokesman Dr Richard Goode said the Cannabis Ministry would issue licences for the commercial cannabis trade and help with training programmes for those interested in the industry. "Licensing the commercial production and sale of cannabis will allow conditions to be put in place such as an R18 age-limit and a tax regime," he said. "Home-grown cannabis and social dealing among friends will not require a licence and will be tax-free. The medical marijuana industry will be offered tax-breaks so they only pay 50% of regular taxes. The hemp industry will pay regular taxes, while the commercial-recreational industry will pay excise duty on top of regular taxes." The definition of adult will be set at 18-years-old or above, while the limits for personal use will be set as high as possible in negotiation with the Government. Excise duty will be no higher than 15%, similar to the Colorado model. This allows easy access to personal or medical cannabis while ensuring that commercial players contribute the most to public revenue. Dr Goode said the new authority would also offer training programmes to help get the industry off the ground. "Doctors will be offered training about the medical benefits of cannabis and how to prescribe it for patients," he said. "There will also be courses for those who want to get more involved in the hemp industry." These regulations will encourage cannabis commerce while ensuring an even playing field and and a market driven approach to pricing. All New Zealanders will be better off once legal cannabis sales are contributing to public revenue. http://www.voxy.co.nz/politics/alcp-announces-proposed-regulatory-regime-cannabis/5/201925
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