Pubdate: Wed, 29 Nov 2017 Source: Chronicle Herald (CN NS) Copyright: 2017 The Halifax Herald Limited Contact: http://www.herald.ns.ca/ Details: http://www.mapinc.org/media/180 Author: Jordi Morgan NEWFOUNDLAND AND LABRADOR DOING CANNABIS SALES CORRECTLY Allowing private sector to take point on distribution a sensible policy Newfoundland and Labrador made a common-sense decision last week on the distribution of cannabis in that province. They've opted for a private-sector distribution model, breaking away from the ill-considered public-sector monopolies being set up in Ontario and New Brunswick. As part of the Newfoundland and Labrador plan, the government says it will allow the sale of cannabis by private retailers, while the regulation, distribution and online sales will initially be carried out by the Newfoundland Liquor Corporation. On this issue, the government listened to the Canadian Federation of Independent Business. The government of Newfoundland and Labrador wisely chose to allow for private-sector operators to invest and build retail outlets without unnecessary tax dollars being spent establishing publicly owned stores, with staffing and operations costs. At a time when government must be looking at restraining unnecessary spending, it flies in the face of reason to take on such a major bricks-and-mortar expense when private capital is waiting eagerly in the wings. Small business must be given an opportunity to benefit in this emerging market. The private sector has proven itself capable of managing and delivering controlled substances through convenience stores (tobacco), prescription drugs (pharmacies) and, more recently, agency stores and private-sector alcohol distributors. Government must also articulate how it will be creating appropriate guidelines for distribution of recreational versus medicinal cannabis to ensure there is a clear distinction. This is new territory with profound implications, and again, the private sector can play an important role. The Liberal government in Nova Scotia has committed to providing regulatory excellence. Here is also an opportunity to develop a completely new regulatory regimen using some common-sense principles and practices to encourage economic growth. Partnering with the private sector to build out a major new industry of this nature will allow government to test new practices and allow for greater market participation. One of the stated objectives of legalization of cannabis is the erosion of the black market. Public-sector monopolies historically run at a higher cost, which will invariably raise the cost of products. While there will be a temptation for governments to look at this as a tax windfall, the pricing and taxation balance must be done carefully to ensure the underground market is not able to operate more efficiently as competition. Estimates are that close to a third of tobacco sales are underground, often with links to organized crime. This is clear evidence showing that getting the tax mix right is important. While many questions remain unanswered, July 2018 is approaching quickly. Let's hope the government of Nova Scotia remains open to options that will advance both public safety and economic opportunity. - ---------------------------------------------------------------- Jordi Morgan is vice-president, Atlantic, of the Canadian Federation of Independent Business. - --- MAP posted-by: Matt