Published: Sat, June 23, 2018
Finance | By Loren Pratt

Marijuana to be legal in Canada Oct. 17: Trudeau

Marijuana to be legal in Canada Oct. 17: Trudeau

Although the Canadian government had initially stated its intent to implement by July 2018, provinces and territories, who will be responsible for drafting their own rules for marijuana sales, have advised that they would need eight to 12 weeks after the Senate approval to transition to the new framework.

Currently, 29 states have legalized medical marijuana, with nine of those going the whole way and opening it up to personal use.

When asked if the government is considering amnesty or pardons for people who have criminal records for marijuana crimes, Ms. Wilson-Raybould said the issue is under "consideration" by Public Safety Minister Ralph Goodale. Tony Dean, sponsor of the bill in the Senate.

Canada is only the second country in the world to legalize marijuana.

Manitobans still won't be allowed to grow marijuana at home once it's legal despite a federal law that gives Canadians the right to grow pot at home.

Canada will become the first G7 country to legalise the consumption and cultivation of cannabis from October 17, Prime Minister Justin Trudeau announced Wednesday.

"There are no words to describe and acknowledge this historic moment in Canada", a representative wrote in a press release.

Bill C-80, which approves departmental spending up to the end of this fiscal year.

The move by Canada is likely to cause a headache south of the border, and twist an already strained relationship with the current USA government.

"Marijuana is a less harmful substance than alcohol, and Canada is about to start treating it that way".

"And therefore we do not want to encourage in any way people to engage in that behaviour until the law is changed". This system may suit Canada's disposition, but it flies in the face of the traditions of the US: in general, when the federal government decides it doesn't want to ban something, it does not mandate that the states or localities follow suit. If more use marijuana when they're in Canada, more will use when they're on vacation in the states. Our plan to legalise & regulate marijuana just passed the Senate. Legalisation could create a market worth C$7.2 billion (NZ$10.5 billion) and investor anticipation has already created several companies such as Canopy Growth and Aurora Cannabis with market values of more than C$1 billion (NZ$1.45 billion). But some health experts have anxious that the lower age will encourage use of a substance that can have long-term consequences on still-maturing brains.

Conservative senators, however, were not as joyous at the passage of the bill and the implications for Big Pot.

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