Switzerland Moves To Legalize Recreational Cannabis Under Strict Government Control

Switzerland is advancing toward legalizing recreational cannabis with a strictly regulated framework after the National Council’s Social Security and Health Committee (SGK-N) voted in favor of a draft law that would allow controlled access for adults. The proposal, which passed with 14 votes in favor, 9 against and 2 abstentions, seeks to reduce illicit market activity, protect public health and implement a non-profit sales model.

A Non-Profit, Government-Controlled Cannabis Market

The proposed law aims to remove the profit motive from cannabis sales by placing them under a state-controlled monopoly. Cannabis products would only be available at a limited number of licensed brick-and-mortar stores and through a single state-approved online retailer.

Revenue generated from sales would be directed toward harm reduction, addiction support and contributions to health insurance cost reductions. This structure is notably different from commercial models in Canada, …

Full story available on Benzinga.com

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