Peter Reynolds

The life and times of Peter Reynolds

This Time What’s On The Side Of The Bus Is True.

with 2 comments

And can be backed up with solid facts and evidence.



Written by Peter Reynolds

September 14, 2017 at 11:14 am

Posted in Business, Consumerism, Health, Politics

Tagged with , ,

2 Responses

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  1. I think you grossly over rte the tax from this. Many will clearly be growing it and not declaring it. Then the huge cost of policing it all?


    September 16, 2017 at 6:45 pm

    • The table sets out a summary of the basis of the estimate. A full explanation is provided in the document linked to and this includes a figure of £300 million pa for policing the new system. The figure chosen is the average calculated, the upper figure is £9.6 billion or £185 million a week, so the claim is actually a conservative one based on the evidence. GYO produces income through licences (read the document) but of course there will be much more that continues to be produced outside the system.

      I think you probably underestimate the prevalence of cannabis consumption. Remember the estimate is based mainly on figures of usage from the British Crime Survey – which are almost certainly underestimates as people are reluctant to admit they are committing a ‘crime’.

      Peter Reynolds

      September 17, 2017 at 7:28 am

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