Legalising the sale of cannabis in specialist shops would generate £1bn a year in tax revenue and reduce the harm done to users and society, according to the most detailed plans ever drawn up for the liberalisation of UK drug laws.

The study, which was carried out by a panel of experts including scientists, academics and police chiefs, calls for the UK to follow the lead of some US states and allow the sale of cannabis to over-18s in licensed retail stores.

The report’s conclusions will form the basis of a new drugs policy being drawn up by the Liberal Democrat Party, which is expected to debate the issue at its spring conference later this week.

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