Legal marijuana could spark a $4 billion industry in Canada

Posted June 11, 2018

The two senators are introducing a measure that would require the federal government to honor the laws of those states, without legalizing marijuana nationally. Medical marijuana has been legal in Canada since 2001, and many USA -based cannabis companies have jockeyed for position in that market with an eye toward broader legalization.

Sen. Gardner said, "This is not a legalization bill".

The legislation would ensure states have the right to determine the best approach to marijuana within their borders, but some USA restrictions would remain, including sales of non-medical pot to people under 21.

Their states have legalized marijuana, but it's still illegal according to federal law, and Attorney General Jeff Sessions said he's going to enforce that law. The federal law remains the same.

"It's a really elegant solution", said Hezekiah Allen, executive director of the California Growers Association, an advocacy group for hundreds of marijuana farmers, business owners and patients in the state.

Dean said he has no idea if the government will support that change.

"Do we take a deep breath, close our eyes and stick with a demonstrably failed, hypocritical, unhealthy, prohibitionist approach of the past or do we move forward, eyes wide open, and choose the alternative?".

Senators are giving their final pitches for and against legalizing marijuana as they prepare to vote tonight on the Trudeau government's landmark legislation to lift Canada's 95-year-old prohibition on recreational cannabis.

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As part of legalization, the Canadian government will probably inform citizens that admitting to marijuana use might get them barred from crossing the border into the U.S., which still classifies cannabis as a Schedule 1 drug with "no now accepted medical use and a high potential for abuse", according to the Drug Enforcement Administration.

Trump suggested Friday he could get behind it, telling reporters, "We're looking at it".

"Canada is creating a normal industry". In the meantime, cities are planning the logistics behind operating under this framework.

"There are huge public safety implications to an all-cash industry", Allen said.

In addition, the proposed legislation would give marijuana-related businesses access to federally chartered banks, allowing the businesses to open bank accounts and operate just like any other business.

And a broader fear - that the feds could simply shut everything down someday - would potentially be abated, at least for the businesses that are licensed and in compliance with state regulations. Liszewski, though, said it might leave room for that possibility, if the states sending and receiving the product both authorized those operations.

"There is a lot of interest from our allies in what we're doing", he said. Across the state, dispensary employees told the Bee that any customer who refused to turn over their personal data would be turned away from the store. "That would be a disaster".