Posts Tagged ‘Laws’

British Columbians are taking a keen interest in a petition that asks for the Canadian government to fully repeal the prohibition of marijuana. Of 12,549 signatures gathered so far, residents of B.C. account for 5,133 of them. That’s 41 percent, whereas B.C. accounts for roughly 13 percent of the country’s...

A study put out by the Journal of the American Medical Association in 2014 made an interesting discovery.  In every state that had legalized medical marijuana between 1999 and 2010 (13 states in all), there was a 25% reduction in deaths related to the overdose of legally prescribed opioids. “The difference is quite...

Canada’s producers of medical marijuana are sitting on a seven-tonne stash of weed, with the inventory steadily growing as supply exceeds demand in the legal system, according to the most recent Health Canada numbers. Health Canada is currently studying 401 new applications for licences to produce cannabis for...

January 26, 2016 Unlicensed medical marijuana sellers must still pay tax, appeal court rules By MIKE HAGER Federal Court of Appeal ruling reasserts Ottawa’s right to collect sales taxes on any and all pot that is sold Canadians selling medical marijuana outside the licensed mail-order system must still watch out for...

If a chief executive of a pot private equity firm is to be believed, legalising cannabis in Mexico can create a legal recreational and medical cannabis market that can bring in $2.45 billion dollars a year. Medical marijuana growers are increasingly turning to Mexico for business opportunities after a Supreme Court...

It’s not JUST about the money. I know, this is not something most folks expect to read in an investment newsletter. So let me explain… A few years ago, when I first started writing about the legal marijuana space, I was accused of compromising my ethics in an attempt to make a buck. But nothing could be further from the...

As the reality of legalized non-medical marijuana looms large, Canadians want to know if it’s as dangerous as cigarettes. Or is pot actually “infinitely worse,” as former Prime Minister Stephen Harper famously declared during the recent federal election? It’s neither, science now asserts. In fact, Harper couldn’t...

Could Canada Post become Canada Pot? The Crown corporation is desperately seeking new revenue sources, as mail volumes drop five per cent a year. At the same time, the federal government is equally frantic in its hunt for income, as the economy slows. The suggestion from producers of medicinal marijuana is that Canada...

Ontario Premier Kathleen Wynne is the latest leader to advocate distributing marijuana through provincial liquor control boards, should Ottawa legalize the drug. It is not an entirely stupid idea. Yet it will encounter three intractable problems. First, there is a fundamental conflict between harm prevention and...

A Canadian man has been handed a mandatory life sentence for his role in a multimillion-dollar drug-trafficking operation that smuggled thousands of kilograms of marijuana into the United States, authorities said. Michael (Mickey) Woods, 45, of Cornwall, Ont., who had been convicted following a six-day jury trial...