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A group of cross-party MPs have backed a report which urges the government to follow several US states in legalising cannabis and describes the UK’s current drug policy as “an embarrassment”. The report by the Adam Smith Institute think tank said the legalisation and regulation of the Class B drug is the “only workable solution” to problems such as crime and addiction in the UK and claims doing so could add more than £1bn ($1.2bn) in tax revenue every year.