The cost of cannabis

Accounting for income endogeneity, our results suggested that being a current cannabis user may cost an individual over £5600 per year, in terms of lost wellbeing, while being a current user of other drugs may cost approximately £4000 per year. While acknowledging possible reverse causality, we estimated the annual population cost of drug use may be as high as £10.7bn in terms of lost wellbeing.

That is from a new paper by Anna Maccagnan, Tim Taylor, and Mathew P. White, via the excellent Rolf Degen.


Comments for this post are closed