Figures released by Treasury prove the economic viability of The Cannabis Party's policy, while destroying the credibility of police claims about cannabis harms.
The Treasury memo, released to lawyer Sue Grey under the OIA, shows that legalisation of cannabis would save the taxpayer $400m and would earn $150m in taxes annually. A total revenue of $550m.
The memo undermines the credibility of the police's drug harm index, which tries to justify prohibition by focusing on cannabis related harm to society.
However, these Treasury figures prove that law enforcement is actually responsible for the vast bulk of this harm to society.
For, the first time a government department has admitted that legalisation of cannabis will actually save the public hundreds of millions of dollars each year.
The Cannabis Party leader Julian Crawford said the treasury figures agree with his party's own estimates and prove that legalisation will add around $550m to the public purse each year.