How to profit from the war on drugs

The drugs problem facing the Western world isn't going to go away anytime soon. But there is a way to profit from efforts to prevent drug abuse.

The drugs problem isn't going away - but there's a way you can make money out of controlling it.

According to the 2005 World Drug Report, 200 million people that's 5% of the world's population aged 15 to 64 abuse drugs. In the US, UK and Spain, the figures are more like 10%, and in prisons the situation is even worse: within Europe's prisons, it is believed that more than one in three inmates are regular users. The street value of the drugs comes to around $320bn. But the cost to global society is a great deal more than that.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.