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UK: CBD Use Doubles in One Year

November 21, 2017 by Anthony Martinelli

According to a new report the number of people in the United Kingdom who use cannabidiol (CBD) oil has doubled since last year.

According to the report from the Cannabis Trades Association U.K. (CTAUK), 250,000 people currently use CBD oil to help treat a variety of medical conditions. These numbers are up from 125,000 last year, an 100% increase. According to CTAUK, there are approximately 1,000 new people each month who use CBD oil.

The increase comes after the U.K. government officially recognized CBD as medicine, stating that it has “restoring, correcting, or modifying” properties. The statement opened the door for companies to obtain licenses to distribute CBD oil.

U.K.: Legalizing Cannabis Could Save and Generate Over a £1 Billion, Save 670,000 in Police Time

October 14, 2015October 14, 2015 by Anthony Martinelli

If the United Kingdom legalized the possession and taxed distribution of cannabis for those 18 and older, it would generate and save (from reduced enforcement costs) over £600 million, and may end up generating and saving over £1 billion (roughly $1.55 billion).

These numbers are according to a report from the nation’s Treasury Department, which was leaked to the media. The report found that taxing cannabis sales would generate between £397-£871 million per year, and would lead to estimated savings to “public services” of £211 million.

Wales National Health Service to be First in UK to Distribute Cannabis Medicine

August 24, 2014August 17, 2014 by Anthony Martinelli

The National Health Service (NHS) in Wales has announced that it will be the first in the UK to distribute a cannabis-based medicine for the treatment of multiple sclerosis (MS).

According to the NHS, Sativex, a cannabis-based medicine made of one part THC (tetrahydrocannabinol) and one part CBD (cannabidiol), will be available by prescription for those suffering from multiple sclerosis, an autoimmune disease that effects the brain and spinal cord. Sativex is currently approved for use in 24 countries including France, Canada and Switzerland.

New Report: Legal Cannabis Market Would be Worth Over £1.25 Billion Annually in U.K.

October 8, 2013September 15, 2013 by Anthony Martinelli

A new report conducted by the Institute for Social and Economic Research has found that cannabis legalization in the United Kingdom could bring in at least £1.25 billion (roughly $1.6 billion) annually in the U.K., including £300 million being saved from reduced enforcement costs.

According to Professor David Nutt, director of the neuropsychopharmacology unit at Imperial College in London, the report provided strong evidence “that the costs of the current punitive approaches to cannabis control are massively disproportionate to the harms of the drug, and shows that more sensible approaches would provide significant financial benefits to the UK as well as reducing social exclusion and injustice”.

Report: Minorities Drastically More Likely to be Searched and Charged for Drugs in the UK

August 26, 2013August 26, 2013 by Anthony Martinelli

A new report released by the London School of Economics and Political Science has found that minorities are drastically more likely to be stopped, searched and charged for drugs in the UK compared to someone who’s Caucasian.

This chart does a good job of detailing the drastic disparity in drug searches. — This chart does a good job of detailing the disparity in drug searches.

The report – which used a plethora of data from 2009 and 2010 – found that; “Black people were stopped and searched for drugs at 6.3 times the rate of white people, while Asian people were stopped and searched for drugs at 2.5 times the rate… This is despite the fact that drug use is lower amongst black and Asian people when compared to their white counterparts.”