The Highs and Lows of Cannabis Law Reform
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Product Disclosure Statement Initial Public Offering of Ordinary Shares in Rua Bioscience Limited
Product Disclosure Statement Initial Public Offering of ordinary shares in Rua Bioscience Limited This document gives you important information about this investment to help you 25th September 2020 decide whether you want to invest. There is other useful information about this offer on LEAD MANAGER CO-MANAGER disclose-register.companiesoffice.govt.nz/. Rua Bioscience Limited has prepared this document in accordance with the Financial Markets Conduct Act 2013. You can also seek advice from a financial adviser to help you to make an investment decision. 2 RUA Bioscience Limited • Key information summary Key information summary 1.1 Rua has secured a sales agreement with leading German wholesale importer and distributor Nimbus Health GmbH What is this? (Nimbus), and has developed two commercial-scale facilities: a controlled cultivation facility in Ruatorea and an extraction This is an offer of ordinary shares (Offer Shares) in Rua and manufacturing facility in Gisborne. By prioritising Bioscience Limited (Rua or the Company). Ordinary shares in wholesale exports in the short term, Rua intends to generate Rua give you a stake in the ownership of Rua. You may receive revenue to support its on-going investment into a range of long a return if dividends are paid or Rua increases in value and you term value opportunities, including genetics research, product are able to sell your Shares at a higher price than you paid development, clinical trials and brand development. for them. Rua holds a Medicinal Cannabis Licence from New Zealand’s If Rua runs into financial difficulties and is wound up, you will Medicinal Cannabis Agency, permitting it to operate in be paid only after all creditors have been paid. -
An Economic Perspective on the Legalisation Debate: the Dutch Case
AN ECONOMIC PERSPECTIVE ON THE LEGALISATION DEBATE: THE DUTCH CASE Martijn Adriaan Boermans* Introduction Understanding the consequences of drug legalisation versus prohibition is important for policy. Most recently this subject has gained much political attention not only globally, but specifically in the Netherlands.1 This study will provide a contribution to the legalisation debate based on a microeconomic analysis of the effects of illegal markets. The research question is how to design a coherent soft drugs policy framework that maximizes social welfare within the Netherlands that precludes most historical, sociological and political debates. In particular, attention is restricted to ‘soft drugs’ better known as cannabis derived products like hashish and marijuana.2 The focus is on the Dutch case, since traditionally the Netherlands has been a forerunner in terms of drug-related policies, as exemplified by coffeeshops. In a country with a population of 16 million about 1 million indicate to use soft drugs on a regular basis. Almost all consumers buy soft drugs in coffeeshops.3 Interestingly, there is no stereotypical Dutch soft drug consumer, since users are representative of the Dutch population, for example in terms of education levels. Prices vary between 150-250 euro per * M.A. Boermans, MPhil, is a PhD Candidate and works for the Innovation and Business Centre (InnBus) at the Hogeschool Utrecht where he also is Lecturer. His other works include economic papers on international trade. He holds a research master degree in Multidisciplinary Economics from the Universiteit Utrecht and obtained his undergraduate degree from the Vrije Universiteit Amsterdam. Corresponding email: [email protected]. -
Cannabis in New Zealand Perceptions of Use, Users and Policy
Cannabis in New Zealand perceptions of use, users and policy Geoff Noller A thesis submitted for the degree of Doctor of Philosophy at the University of Otago, Christchurch Aotearoa, New Zealand November 5, 2008 ABSTRACT Introduction Despite humanity’s lengthy relationship with psychoactive substances, their consumption in contemporary societies is perceived as highly problematic. Cannabis, the most commonly imbibed illicit psychotropic, has come to embody these concerns. Medical and scientific research informs notions of use and user, with these being further constructed in the public realm by law, the media and policy against a backdrop of health deficits and other harms including risk taking, criminality and deviance. With many studies drawing on clinical populations, e.g. high intensity users or those in treatment, a pathologized view of the user predominates. Where general population studies incorporate user data, these typically concentrate on the epidemiology of use: frequency, intensity, duration, and symptoms of abuse and dependence. This, however, tells us little about the meaning of use for users or why use continues despite universal official disapprobation. A lack of studies incorporating user perspectives thus ensures the limited focus of much present research and a policy accent on supply reduction at the expense of harm minimisation and safe use education. Those choosing to continue use are stigmatised as deviant or dependant. This has the effect of further bolstering enforcement, a strategy showing little evidence of efficacy. The present study sought a comparison between this dominant discourse on cannabis use and the perspectives of users, with a range of exploratory hypotheses being identified. Method Eighty cannabis-using respondents participated in open-ended face-to-face interviews, of which seventy-six successfully completed a follow-up questionnaire. -
Selling Cannabis Regulation: Learning from Ballot Initiatives in the United States in 2012
ISSN 2054-1910 Selling cannabis regulation: Learning From Ballot Initiatives in the United States in 2012 Emily Crick*, Mark Cooke¥ and Dave Bewley-Taylorp Policy Brief 6 | November 2014 Key Points • In November 2012, Washington, Colorado, and Oregon voted on ballot initiatives to establish legally regulated markets for the production, sale, use and taxation of cannabis.1 Washington and Colorado’s measures won by wide margins, while Oregon’s lost soundly. • A majority of voters view cannabis in a negative light, but also feel that prohibition for non-medical and non-scientific purposes is not working. As a result, they are more likely to support well-crafted reform policies that include strong regulations and direct tax revenue to worthy causes such as public health and education. • Ballot measures are not the ideal method for passing complicated pieces of legislation, but sometimes they are necessary for controversial issues. Other states often follow in their footsteps, including via the legislature. • The successful campaigns in Washington and Colorado relied on poll-driven messaging, were well organised, and had significant financing. The Oregon campaign lacked these elements. • The Washington and Colorado campaigns targeted key demographic groups, particularly 30-50 year old women, who were likely to be initially supportive of reform but then switch their allegiance to the ‘no’ vote. • Two key messages in Washington and Colorado were that legalisation, taxation and regulation will (i) free up scarce law enforcement resources to focus on more serious crimes and (ii) will create new tax revenue for worthy causes. • National attitudes on legalising cannabis are changing, with more and more people supporting reform. -
The Opportunities Party Real Deal Cannabis Reform
The Opportunities Party Real Deal Cannabis Reform PART 1: INTRODUCTION Our current drug law is outdated and not fit for purpose. The prohibition model set out under the Misuse of Drugs Act 1975 is a barrier for people seeking help if they need it. Drug addiction, like alcohol addiction tears families apart – but so does our drug law, which not only fails to protect people from harm, but actually adds to it.1 In overhauling this outdated Act The Opportunities Regular usage of cannabis is associated Party has developed an evidenced-based policy with health risk such as: that will more accurately reflect the internationally recognised intention of drug policy – to reduce harm. • problems with healthy brain development among youth; Assessing harm is an area that the current system • depression or anxiety injury; fails to effectively do. While the goal of the current • symptoms of chronic bronchitis;2 criminalisation policy is harm-minimisation based on the familiar strategies of controlling supply, However as with alcohol and cigarettes, reducing demand and limiting the problem – it fails abstinence is unrealistic. Prohibition flies in the to account for the effects of exposing users and face of popular demand and leads to illicit supply growers to gangs and to the criminal justice system. and usage.3 The evidence shows that criminalisation The evidence is mounting that these consequences of cannabis has had no significant statistical impact have greater detrimental impacts than those from on reducing use, nor is there any evidence that cannabis use itself. The criminalisation approach decriminalisation increases use.4, 5, 6, 7 The health also ties up criminal justice resources that could risks listed above are still prevalent with or without be more effectively directed elsewhere. -
Mattersofsubstance
Mattersof Substance. august 2015 Volume 26 Issue No.3 www.drugfoundation.org.nz Taking the pulse of Māori public health Restoring equality and addressing health outcomes for Ma¯ori comes with many challenges. CONTENts FEATURE Taking the STORY pulse of 18 Māori public health COVER: Health inequalities for Mäori remain, but much progress is being made getting the right sort of help COVER ABOUT STORY 06 28 A DRUG WORLD NEWS FEATURE: 02 THE CRUEL C 14 $ $ $ $ ? FEATURES Become 06 14 18 24 a member Taking the pulse of The cruel C The UNGASS A school’s Maori public health With hepatitis C rates 2016 primer core business The New Zealand Drug Foundation has Health inequalities for growing, is there any A comprehensive Focusing on a positive school been at the heart of major alcohol and Mäori remain, but much relief in sight? introduction to the environment means alcohol other drug policy debates for over 20 years. progress is being made UN’s special session on and other drugs aren’t such During that time, we have demonstrated getting the right sort the world drug problem a big deal at Ötaki College a strong commitment to advocating of help policies and practices based on the best evidence available. You can help us. A key strength of the Drug Foundation lies in its diverse membership REGULARS base. As a member of the Drug Foundation, you will receive information about major The Director’s Cut 01 alcohol and other drug policy challenges. You can also get involved in our work to 30 34 36 Events 01 find solutions to those challenges. -
How Fluctuations in the Value of Cocaine Markets Influence the Recourse to Lethal Violence
International Ph.D. in Criminology – Ph.D. Thesis UNIVERSITÁ CATTOLICA DEL SACRO CUORE MILANO Dottorato di ricerca in Criminologia Ciclo XXIX S.S.D: SPS/12 Shrinking businesses and expanding graveyards: how fluctuations in the value of cocaine markets influence the recourse to lethal violence Tesi di Dottorato di: Alberto Aziani Matricola: 4 2 1 2 2 2 7 Anno Accademico 2015/2016 International Ph.D. in Criminology – Ph.D. Thesis International Ph.D. in Criminology – Ph.D. Thesis Cycle XXIX Shrinking businesses and expanding graveyards: how fluctuations in the value of cocaine markets influence the recourse to lethal violence Ph.D. Thesis Alberto Aziani Academic Year 2015/2016 International Ph.D. in Criminology – Ph.D. Thesis International Ph.D. in Criminology – Ph.D. Thesis 5 International Ph.D. in Criminology – Ph.D. Thesis Abstract Many scholars have investigated the escalation of violence associated with drug trafficking. Despite the plethora of literature, limited attention has been paid to the consequences of fluctuations in the value of markets. This study addresses this lacuna in extant research by proposing an original estimate of the gross value added of cocaine markets in 151 countries between the period 1998-2013, taking into consideration both national and international dimensions of cocaine trafficking through recourse to a flow/network approach. In conjunction with this, the fluctuation of the gross value added of the cocaine market is examined in terms of an etiological factor in the upsurge of interpersonal lethal violence. The analysis demonstrates how expansions and contractions of the gross value added in cocaine markets are significant determinants of the level of violence within the respective countries that constitute the global cocaine network. -
Candidate General Scorecard.Xlsx
Office Sought Ballot Name US SENATOR - R John Barrasso US SENATOR - D Gary Trauner A A A A B A A A A US REP - R Liz Cheney US REP - D Greg Hunter A A A A A A A A A 1) Industrial hemp (marijuana plants with no THC) should be moved off of the Schedule 1 drug list. 2) Medical marijuana should be an available choice for individuals with life-threatening conditions. 3) Medical marijuana should be available to individuals who have chronic conditions such as seizure disorders, chonic pain, GOVERNOR - R Mark Gordon and severe autism. 4) Decriminalization: Giving those caught with maijuana fines instead of jail time is a good idea. GOVERNOR - D Mary A. Throne B A A A D C A A A SECRETARY OF STATE - R Edward Buchanan B A A F F D A C B 5) Legalization: Marijuana should be legal to consume as long as the person is over 21. SECRETARY OF STATE - D James W. Byrd A A A A D D B B A STATE AUDITOR - R Kristi Racines STATE AUDITOR - D Jeff Dockter A A A A A B A A A Should be available period. 6) The extra money Wyoming would receive from taxing marijuana sales makes legalization a financially smart move. STATE TREASURER - R Curt Meier SUPT. OF SCHOOLS - R Jillian Balow STATE SENATOR 01 - R Ogden Driskill STATE SENATOR 03 - R Cheri E. Steinmetz Declined 7) Do you support medical marijuana? STATE SENATOR 03 - D Marci Shaver Declined STATE SENATOR 05 - R Lynn Hutchings B B B C F F C B B STATE SENATOR 07 - R Stephan A. -
Mattersofsubstance
Mattersof Substance. february 2013 Volume 24 Issue No.1 www.drugfoundation.org.nz Future drugs All around the world, things are rapidly changing. There are signs the War on Drugs may be running out of steam, new technologies promise new treatment possibilities, and scientific developments may be altering the very nature of drugs themselves. Here in New Zealand, bold new policy initiatives mean the treatment landscape will soon look vastly different. CONTENTS Future ABOUT A DRUG FEATURE: drugs 16 BI INTO BINGE CoveR: slowly the world COVER is starting to realise the STORY FEATURE: 26 War on Drugs has failed. RUSSIAN What does the future hold for 06 DRUG drug policy and recovery? POLICY 22 NZ NEWS BI BINGE? 02 Future drug policy treatments drugs FEATURES Become 20 22 26 30 a member The Drug War Crime and punishment: Putting the ‘bi’ How we see things in retreat? the sorry state of into binge from our front gate The NZ Drug Foundation has been at The UN has been forced to Russian drug policy Recent reports about In 2011, Russell School the heart of major alcohol and other act on the War on Drugs. Russia treats its addicted bisexual binge drinking are became the centre for a drug policy debates for over 20 years. Where to from here? citizens with cruelty. flawed and the reporting battle against Big Alcohol. During that time, we have demonstrated What’s going on behind ridiculous. What’s actually Where is it at now? a strong commitment to advocating the Iron Curtain? going on? policies and practices based on the best evidence available. -
The Rise and Decline of Cannabis Prohibition the History of Cannabis in the UN Drug Control System and Options for Reform
TRANSNATIONAL I N S T I T U T E THE RISE AND DECLINE OF CANNABIS PROHIBITION THE HISTORY OF CANNABIS IN THE UN DruG CONTROL SYSTEM AND OPTIONS FOR REFORM 3 The Rise and Decline of Cannabis Prohibition Authors Dave Bewley-Taylor Tom Blickman Martin Jelsma Copy editor David Aronson Design Guido Jelsma www.guidojelsma.nl Photo credits Hash Marihuana & Hemp Museum, Amsterdam/ Barcelona Floris Leeuwenberg Pien Metaal UNOG Library/League of Nations Archives UN Photo Printing Jubels, Amsterdam Contact Transnational Institute (TNI) De Wittenstraat 25 1052 AK Amsterdam Netherlands Tel: +31-(0)20-6626608 Fax: +31-(0)20-6757176 [email protected] www.tni.org/drugs www.undrugcontrol.info www.druglawreform.info Global Drug Policy Observatory (GDPO) Research Institute for Arts and Humanities Rooms 201-202 James Callaghan Building Swansea University Financial contributions Singleton Park, Swansea SA2 8PP Tel: +44-(0)1792-604293 This report has been produced with the financial www.swansea.ac.uk/gdpo assistance of the Hash Marihuana & Hemp Museum, twitter: @gdpo_swan Amsterdam/Barcelona, the Open Society Foundations and the Drug Prevention and Information Programme This is an Open Access publication distributed under (DPIP) of the European Union. the terms of the Creative Commons Attribution License The contents of this publication are the sole responsibility (http://creativecommons.org/licenses/by/2.0), which of TNI and GDPO and can under no circumstances be permits unrestricted use, distribution, and reproduction regarded as reflecting the position of the donors. in any medium, provided the original work is properly cited. TNI would appreciate receiving a copy of the text in which this document is used or cited. -
Market Structure for Recreational Cannabis
BERL REPORTS MINISTRY OF JUSTICE DISCLAIMER JUSTICE 1. This report was prepared by Business and Economic Research Limited (BERL), under commission from the Ministry of OFJustice. 2. The views, opinions, recommendations, and advice expressed in this report belong solely to the authors of the report. The views do not necessarily reflect the views of the Ministry of Justice or the New Zealand Government. 3. The report was one of a number of inputsMINISTRY considered by the Ministry in the development of the draft Cannabis Legalisation and Control Bill. The overarching objective of the regulatory framework, which is set out in theTHE draft Cannabis Legalisation and Control Bill, is to reduce the harms associated with cannabis use experienced byBY individuals, families, whānau, and communities in New Zealand. In developing the model, harm reduction was preferred over other considerations, including economic ones. 4. The report is not part of the Ministry of Justice’s public information campaign for the referendums. RELEASED PROACTIVELY Lot JUSTICE OF MINISTRY THE BY RELEASED Market structure for recreational cannabis Poutū-te-rangi 2020 berl.co.nz PROACTIVELY JUSTICE OF MINISTRY THE BY Authors: Hillmarè Schulze,RELEASED Sam Green, and Hugh Dixon All work is done, and services rendered at the request of, and for the purposes of the client only. Neither BERL nor any of its employees accepts any responsibility on any grounds whatsoever, including negligence, to any other person. While every effort is made by BERL to ensure that the information, opinions and forecasts provided to the client are accurate and reliable, BERL shall not be liable for any adverse consequences of the client’s decisions made in reliance of any report provided by BERL, nor shall BERL be held to have given or implied any warranty as to whether any report provided by BERL will assist in the performance of the client’s functions. -
Let's Get Real About Drugs
LET’S GET REAL ABOUT DRUGS Cannabis: Just legalise it Regulating cannabis to reduce harm We need to get real about cannabis. Countries all around the world are realising that prohibition causes more harm than it prevents, and are moving to develop a regulated legal market. With 35% of Australians having used cannabis, it’s time we listened to health experts and joined those countries. The Australian Greens would redefine cannabis as a legal substance for adult use in a tightly regulated market, to reduce harm, increase protections for vulnerable populations, and redirect resources into treatment. - Interaction with criminal dealers rather than trained > CANNABIS PROHIBITION HAS FAILED professionals in safe, regulated outlets is putting people at risk and meaning the cannabis products they purchase are Every year in Australia, both the consumption of cannabis and of unknown strength and quality; arrests associated with its use continue to rise. 35% of - Funds directed into ineffective law enforcement responses Australians have used cannabis,1 and according to the latest to drug use, rather than drug education and health services; statistics from the Australian Criminal Intelligence Commission, and cannabis accounts for the greatest proportion of illicit drug - The criminal market for cannabis has led to more harmful arrests across Australia – rising 6% from 75,105 in 2014–15 to a strains which contain high levels of THC record 79,643 in 2015–16.2 These statistics show that, despite (tetrahydrocannabinol) and low CBD (cannabidiol). the current illegality of cannabis, Australians choose to use it. The reality of this choice is that millions of Australians are > INTERNATIONAL EXPERIENCE AND forced to buy cannabis of unknown quality or strength from criminal drug dealers, or grow cannabis plants at home illegally.