The Netherlands may even have the worst drug laws in existence. Cannabis is not legalized, it's "tolerated". This means it's legal to sell and buy cannabis, but

The Netherlands may even have the worst drug laws in existence. Cannabis is not legalized, it's "tolerated". This means it's legal to sell and buy cannabis, but it is _not_ legal to grow it in any sizeable quantities[note]. This means the legal part of the cannabis sector relies exclusively on criminal activity. So instead of replacing the criminal business model, it instead depends on it. Note: Since 2020 there have been some minor experiments with letting municipalities grow cannabis.