Canada is already running out of weed just days after legalisation
- by Johnnie Parks
- in Money
- — Oct 21, 2018
In major shift, the U.S. says it won't ban Canada pot workers. "We're not known as wild and insane. But, you know, they've got a pretty good infrastructure in place and I'm confident it will work" he said.
Additionally, legalization increases acceptability of marijuana as well as access, especially among young people. He'll meet with a corporate business partner and talk with policymakers in Sydney and Melbourne. It's the second nation - and by far the largest - with countrywide legalization of so-called recreational pot.
A patchwork of regulations has spread in Canada as each province takes its own approach within the framework set out by the federal government.
Canada's federal approval has given its industry a huge advantage over its American counterpart, including unfettered access to banking and billions of dollars in investment. So how much weed did Canadians purchase on legalization day?
More news: Ayton posts double-double as Suns rout Mavs in season openerMarijuana is emerging among California vineyards, offering promise and concern. BusinessBudding this fall: The serious business of recreational cannabis In their article mapping out the regulatory hurdles of legal cannabis, Sara Zborovski and Nader Hasan write: "The blistering pace at which this industry has been growing will not slow down after October 17".
While President Donald Trump has said he would likely support a congressional effort to ease the federal prohibition, his attorney general, Jeff Sessions, is a marijuana critic and legalization opponent.
It might have a more immediate effect in countries like New Zealand, where the government has promised a legalization referendum by 2020, said John Walsh, of the advocacy group Washington Office on Latin America. Italy could be a "dark horse in the race to be the first country to legalize in Europe", Rolles says. To the surprise of many familiar with Amsterdam's marijuana cafes, Holland has only very limited legalization.
"Once you see Grandma and Uncle Ted using medical cannabis to manage their arthritis pain, suddenly the substance is not so scary and not so stigmatized", he said. "I do not usually smoke but since it was a historic day for Canada I thought I'd try".
More news: Halep Withdraws From World Tennis FinalsAcross the country, as government pot retailers opened from Newfoundland to British Columbia, jubilant Canadians waited for hours in line to buy the first state-approved joints.
"We are just ecstatic", she said. "I'm going to save it forever". Buyers can't touch or smell before they buy. The official said those who want to take advantage of the pardons will have to apply.
His is among at least 111 legal marijuana shops expected to open across the nation of 37 million people on Wednesday, with many more to come, according to an AP survey of the provinces.
Trevor Fencott, chief executive of Fire and Flower, said his company has 15 Alberta stores staffed and ready to sell marijuana, but the province has supplied only enough product to open three of them Wednesday. "Legalization is about daylighting a lot of stuff that used to be in the shadows".
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