Pres. Trump signals support for legislation easing United States ban on pot

Arturo Kim
June 11, 2018

Conservative suspicions were further fuelled by the fact that two senators appointed by Prime Minister Justin Trudeau on Wednesday were sworn in Thursday in time to vote for the bill - something Conservative Sen.

Nine states and the District of Columbia have legalized marijuana use, but it remains a Schedule 1 drug, meaning the Drug Enforcement Agency considers it to have no accepted medical use and a high potential for abuse. Statistics Canada said that people 15 and older spent $5.7 million in Canadian currency on marijuana in 2017, even though the drug was illegal recreationally.

Canada becomes the first G7 country (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States) to legalised recreational marijuana on Thursday. Tony Dean, an independent who sponsored the bill in the Senate. "It doesn't go all the way, but it does alleviate some of the day-to-day challenges we face".

Statistics Canada has estimated that the market will be worth Can$5.7 billion ($4.5 billion), based on last year's consumption data.

Canadian marijuana companies like Canopy Growth Corp, Aphria Inc, Horizons Marijuana Life Sciences ETF and Aurora Cannabis Inc have been at the centre of investor frenzy surrounding attempts to legalize marijuana for recreational use nationwide. Uruguay is the only other country to legalize marijuana; many countries have decriminalized it but prohibit sales. With that in mind, the Senate has adopted an amendment that clearly lays out the right of provinces to prohibit home cultivation.

Trudeau insisted that creating a regulated market would take it out of the hands of crime groups and "better protect communities and children".

Gardner's bill would essentially allow the states to pass their own legislation related to marijuana and forbid the federal government from prosecuting those businesses and individuals that comply with state laws. In the U.S., many cannabis companies must conduct their operations with cash because banks worry the federal government will target them as drug traffickers.

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"Canada is creating a normal industry". This is an approach that allows the states to move forward.

"Canada is demonstrating extraordinary leadership on marijuana policy", said Mason Tvert, spokesperson for the Marijuana Policy Project.

Another co-sponsor of the measure, Democratic US Senator Elizabeth Warren of MA, said in a statement that Washington "needs to get out of the business of outlawing marijuana".

"They're being more deliberative than the USA, yes, but that doesn't mean they have the secret sauce", Sabet said. "There are considerable concerns with how Canada is normalizing marijuana".

Most of the Senate's amendments are minor, but a handful are significant. In California, which launched legal sales January 1, some prosecutors wiped away those records, and prosecutors in Seattle seek to do the same.

The Cannabis Act will also see strict regulation under federal, provincial and territorial governments who would share responsibility for overseeing the new system. He said that after decades of prohibition, Canada's government is ready to treat marijuana and its users differently.

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