TY - JOUR ID - publications41762 UR - https://www.tse-fr.eu/sites/default/files/TSE/documents/doc/by/madio/health_madio.pdf IS - 74 A1 - Carrieri, Vincenzo A1 - Madio, Leonardo A1 - Principe, Francesco Y1 - 2020/12// N2 - Governments worldwide are increasingly concerned about the booming use of CBD (cannabidiol) products. However, we know little about the impact of their liberalization. We study a unique case of unintended liberalization of a CBD-based product (light cannabis) that occurred in Italy in 2017. Using unique and high-frequency data on prescription drug sales and by exploiting the staggered local availability of the new product in each Italian province, we document a significant substitution effect between light cannabis and anxiolytics, sedatives, opioids, anti-depressants and anti-psychotics. Results are informative for regulators and suggest that bans on light cannabis use would disregard the needs of patients to seek effective reliefs of their symptoms. PB - Elsevier JF - Journal of Health Economics KW - Light cannabis, self-medication, marijuana, difference-in-difference, prescription drugs, CBD. SN - 0167-6296 TI - Do-It-Yourself medicine? The impact of light cannabis liberalization on prescription drugs AV - public ER -