We commend the members of Parliament and the prime minister for their extraordinary demonstration of leadership on this issue. Legal sales are expected to start sometime in early or mid-September. He says the delay in full legalization is due to the strategy of giving more time to the provinces and territories to execute their regimes.
This comes shortly after Canadian lawmakers passed the bill to legalize marijuana in the country via a 52-29 vote in the Senate. Canada is the second country in the world (after Uruguay) to legalize marijuana.
In the neighboring US, nine states and the District of Columbia have legalized marijuana.
Cannabis stocks rose even higher since Canadian Senate voted in favor of adult use marijuana across the country.
According to a report published by Deloitte, almost two-thirds of current cannabis consumers are likely to transition to legal channels and pay more for product post-legalization. In January, Canada's Bank of Montreal announced that it would help finance a legal cannabis operation. Although, A.P. reports most provinces plan to add another year to the minimum age.
"Canada should be applauded for taking bold and decisive steps towards ending the failed prohibition of marijuana", Hannah Hetzer, the senior worldwide policy manager for the Drug Policy Alliance, said in a statement.
The Campaign for Cannabis Amnesty, a Canada-based advocacy group, last month launched a petition asking the government to consider pardoning people convicted of marijuana possession offenses. Look for plain packaging, the standardized cannabis symbol, health warning messages on labels, and the cannabis excise stamp.
Edibles, or cannabis-infused foods, will not be immediately available for purchase but will be within a year of the bill coming into force. In some jurisdictions, such as Alberta and Nova Scotia, cannabis will be sold in the same stores that carry alcoholic beverages, while in others, such as Quebec and British Columbia, the two kinds of products will be sold separately.
There is also concern about the potential for corporate entities to quickly enter and dominate the domestic Canadian cannabis industry, leaving long-term craft providers and cannabis artisans struggling to compete.
The Canadian government has also implemented changes to their impaired driving laws, to address repercussions for driving under the influence of cannabis.
Under the Cannabis Act, access to cannabis for medical purposes will continue for those who have the authorization of their healthcare practitioner. It can also affect your ability to operate equipment safely.