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Tax revenue on Cannabis could be over 1 billion per year

Submitted on Thursday 4th December 2014

Published on Monday 8th December 2014

Current status: Closed

Closed: Monday 30th March 2015

Signatures: 4

Tagged with

month ~ Tax ~ UK

Petition Action

Tax revenue on Cannabis could be over 1 billion per year

Additional Information

Colorado, a state of 5 million people, is earning over 5 million per month in tax of the now legal cannabis industry

Based purely on population, this industry would therefore provide over 60 million each month to UK coffers

We are currently missing out on over 700 million tax revenue every year for absolutely no reason

It's time to start listening to scientists and health professionals - the sacking of Professor Nutt remains an absolute scandal and the MPs involved should be held to account


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