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

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

Photo credit: cannabisni.com

(Photo credit: cannabisni.com).

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.

According to the report, legalizing cannabis would save roughly 670,000 hours of police time annually.


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The full report, commissioned by former Deputy Prime Minister Nick Clegg (while he was still the active Deputy), can be found by clicking here.

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