Government wants to reduce cannabis market through legalisation, not grow it

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Cannabis cafes on every corner. Marijuana franchises springing up in the malls. Dealers turning over a new leaf and making a legal mint.

If you’re expecting to see any of these things at some point in future in New Zealand, you may be out of luck.

A referendum will be held next year on the legalisation of cannabis.

But experts say that’s unlikely to mean a boom in the business of recreational weed.

The draft law would restrict sale of the drug to licensed premises. There is no detail yet on exactly what those premises might look like.

But Institute of Economic Research’s principle economist Peter Wilson said the Government’s policy was to reduce cannabis use and any future

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