Here is a way to use an M72 launcher without harming your neighbours and enjoy the Holiday parties with. Mach Sakai features the Kaneko Bazooka M72 Cracker Gun that can be used to fire 2 to 3  metres of yellow tape. Just remember to always be conscious not to alarm neighbours or the police and inform them that it is a party cracker.

Gunner Airsoft has in stock a Chinese made M72 light anti-tank weapon (LAW)  that can take in 40mm gas grenades. Made of plastic and some metal parts which we assume are the sighs and operating mechanisms, it costs US$255, which is kind of expensive for a single purpose launcher. Well, one thing for sure, it's not a disposable launcher unlike the real one it was based on. Nice to have this as props in the skirmish field.