The economic impacts of prohibition | #GFN26 Keynote #3
June 30, 2026 by gfn.tv
The economic impacts of prohibition | #GFN26 Keynote #3
Prohibition carries economic costs that go far beyond enforcement. When safer nicotine products are banned or heavily restricted, legal businesses lose ground, tax revenue declines and illicit markets gain power. Consumers are left with fewer regulated options while criminal networks benefit from demand that never disappeared. Harm reduction is not only a health strategy — it is also a way to keep safer products within accountable, legal markets.
