LEGALIZATION OF CANNABIS

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Beginning On October 17, 2018, Casual Marijuana Is Officially Recognized In Canada And Can Be Legally Sold And Purchased As Long As It Is Produced By A Manufacturer Licensed By The Federal Government.

First:With Regard To Recreational Marijuana, The Justice And Government Of Four Countries In The World Are Avant-Garde. Except For Uruguay And Canada, Leisure Marijuana Has Been Decriminalized In The Netherlands And Portugal In Europe, Which Is No Longer A Crime.

In The United States, Some States Have Passed Legislation To Legalize Recreational Marijuana, Including California, Nevada, And Massachusetts.

The Difference Between Legalization And Decriminalization Is Mainly That Although The Latter Is No Longer A Criminal Offence, It May Still Violate Civil Law Or Related Laws, While The Former Has The Meaning Of Being Recognized And Recognized By Law.

There Are Several Reasons And Drivers Behind The Legalization Of Cannabis In Canada. One Of Them Is The Country With The Highest Rate Of Cannabis Use In The World, Especially Among Youth Groups.

In 2017 Alone, Canadians Spend An Estimated $5.7 Billion (US$4.6 Billion; £3.5 Billion) On Medical And Recreational Marijuana Consumption, And Users Spend $1,200 Per Capita.

Second:Canadian Prime Minister Justin Trudeau Also Promised In The Election Campaign In 2015 That Once The Liberal Government Was Elected, It Immediately Began To Formulate Regulations On Cannabis Legalization Policies And Cannabis Sales.

Three Years Later, He Fulfilled His Promise.

Prime Minister Trudeau’s Explanation Is That It Can Protect Young Canadians While Preventing Criminals From Making Profits Through The Black Market.

But There Is Still A Heated Debate On The Social Costs And Health Hazards Surrounding The Legalization Of Marijuana In Social Media.

At The Same Time, The Implementation Rules Accompanying The New Law Must Be Formulated By The Provincial And Municipal Authorities. It Is Estimated That Many Local Officials And Politicians Will Feel Annoyed And Helpless.

Last:It Is Not Difficult To Imagine That The Cannabis Market Is Huge; It Is Not Difficult To Imagine That World-Class Brands And Multinational Corporations Cannot Let Go Of This Big Fat.

Once The Casual Marijuana Has Taken Off The Bad Reputation, The Investment In The Development Of Related Products Of The World Brand Is Almost A Matter Of Course.

Analysts Estimate That Within The First Year After The Legalization Of Recreational Marijuana, The Consumer Marijuana Market Ranged From $4.2 Billion To $8.7 Billion, With Consumers Ranging From 3.4 Million To 6 Million.

Multinational Companies Have Been Eyeing This Set Of Data.

Coca-Cola Is One Of Them.

The Addition Of Cannabidiol, Which Does Not Stimulate The Central Nervous System, Is Becoming A Trend In Health Drinks, And Coca-Cola Said It Is Paying Attention.

It Also Revealed That It Is Working With A Licensed Canadian Manufacturer, Aurora Cannabis, To Develop A Cannabis-Added Beverage.

Constellation Brands, A Company That Owns The Beer Brand Corona, Is Also Negotiating With Canopy Growth To Discuss How To Seize The Growth Opportunities Of Cannabis Demand And Make A Big Profit By Introducing Non-Alcoholic Cannabis Drinks.

Many Other Listed Companies That Have Obtained Production Licenses, Like Canopy And Aurora, Started Building New Plants Before Marijuana Legalization, Expanding Production, And Preparing For The Market Boom After The Ban On Cannabis.

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