When party pills were at their most popular in this country, the industry had an annual turnover of between $25 million and $35 million. According to the Ministry of Health, the market for legal cannabis-like products was broadly comparable.
However, as is often the case, the potential for a quick profit proved too much for some. Manufacturers had once been wise enough to make and sell their products in a low-key manner. Now, they began drawing attention to themselves by selling them in corner dairies and advertising them on youth-oriented radio stations. As is so often the case, their over-reach has led to their downfall.
The Associate Health Minister, Peter Dunne, confirmed yesterday that a new regime for party pills and fake cannabis, due to be in place by this time next year, will require makers to prove their products are safe before they can be put on the market. This, he said, would deliver the "knockout blow" to the party pill industry. He is probably largely right.
The ministry has estimated that the array of testing of a product to fulfil the onus of safety could cost the manufacturer about $1 million to $2 million, and each clinical trial could take up to two years. Further, there will be advertising and sales restrictions, probably similar to those on alcohol and tobacco. All in all, this is not somewhere most of the 10 major manufacturers of these products in New Zealand and a similar number of smaller businesses are likely to want to go.
Already, the industry is in retreat. The Government's stop-gap policy, under which temporary 12-month bans have been placed on substances for which the health risks were unknown, has proved effective. About 50 synthetic cannabis products have been taken off the market.