Switzerland: Authorities Give Green Light To First Legal Cannabis Sale Pilot Project In Basel

On May 15, 2021, an amendment to the Federal Narcotics Act came into force in Switzerland, allowing pilot trials involving the dispensing of cannabis for non-medicinal purposes. These trials are intended to create the basis for future legal regulation and will include 5,000 registered participants, who have proven to the federal government they already have been consuming cannabis.

For the trial, cannabis must be organic, produced in Switzerland, and contain no more than 20% THC. The country’s Federal Office of Public Health explained that the current cannabis prohibitions are almost useless, as “despite this ban, consumption is high, the black market is thriving, and users’ safety is not guaranteed.”

On Tuesday, Swiss authorities gave the green light for a pilot project under which a few hundred people in the city of Basel will be allowed to buy cannabis from pharmacies for recreational purposes, reported AP.

Almost 400 participants will be able to buy cannabis products at selected pharmacies. They will be questioned regularly on their cannabis consumption habits and their physical and mental health over a period of 2 1/2-years.

The Federal Office of Public Health said the idea of the projects is to increase understanding of “alternative regulatory forms,” such as regulated sales at pharmacies that could be a basis for future legislation. Cannabis for the study will be supplied by Pure Production, a Swiss firm that has been granted an exemption to the law for its research.

Photo By Tim Trad On Unsplash.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.