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One Year On: Update on Cannabis Legal Market In Canada

Jordan Webber

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Cannabis Market in Canada - An Update

One of the first nations to declare the legalization of cannabis was Canada. The decision to make marijuana legal has wowed not only marijuana advocates around the world but also those who are skeptical about it. When Prime Minister Justin Trudeau declared the regulation to make marijuana consumption legal, more illegal dispensaries showed up, which urged the authorities to take control over the market. Cannabis lawyer Harrison Jordan recalled seeing an influx of these illegal dispensaries during this time.

More than a year later, Canada surprised the world with positive results of the cannabis legalization. Trudeau started the advocacy with the mission to ‘combat criminal elements’ and now, the response is beyond what was expected. Aside from wiping out illegal producers and sellers, the legalization also opened up a new driver for Canada’s economy.

Cannabis Update in Canada

Let us take a look at the first-year journey of cannabis legalization in Canada.

Transition to the Cannabis Legal Market

Before the legalization kicked in, there are a number of illegal marijuana dispensaries all over Canada. Without the license to operate, a number of risks are seen, particularly minors getting involved with marijuana for recreational use. If the market is uncontrolled, almost anyone can purchase and abuse cannabis products. This is already a problem and the Canadian government has to do something to turn the tables and construct stricter regulations.

When Prime Minister Justin Trudeau was in charge, he declared support for marijuana, which led to its legalization in 2018. The Cannabis Act made marijuana legal but involved a number of rules for sellers to distribute cannabis, as well as buyers to get access to the products.

The regulations have made the market saturated, however, participating dispensaries acquired licenses to operate and distribute cannabis. This means, no under-the-table deals are in place, encouraging more people to buy from reputable sellers all over Canada. In one way, this is Canada’s way of dissolving the cannabis black market and take control of the market.

Regulating Cannabis in Canada

By the time that rules were in place, illegal sellers were minimized. The enforcement of the law is strict and the Office of Controlled Substances works closely with the local enforcement agencies to combat illegal sellers and distributors. In addition, raids were conducted to seize cannabis in large amounts and penalize sellers who illegally distribute cannabis beyond Canada’s borders.

Under the Cannabis Act, only individuals in the legal age of 18 can legally possess up to 30 grams of legal cannabis in public, grow 4 plants for personal use, and purchase cannabis from authorized retailers. Violations result in tickets and prison time of 5 to 14 years.

A new law was also introduced called the Bill C-93 or No Fee, Expedited Pardons for Simple Possession of Cannabis, which sought to expedite Canadians with historical criminal records on selling or possessing cannabis in public. This new legislation aims to break the stigma and help people to apply for consideration for small possessions of cannabis.

Positive Impacts Recorded

The Canadian government recently released its first National Cannabis Survey in 2019, detailing the effects of marijuana legalization in the country. The study aims to find the condition of the cannabis market, the number of underage people consuming cannabis, as well as the influence of marijuana in society.

One of the highlights of the study is the contribution to the Canadian economy, with sales up to $43 million in the first two weeks of legalization. According to the study, the cannabis industry grew by 185 percent, contributing almost $8 billion to the country’s GDP. Industry experts believe that the cannabis market have bigger potential and can be worth more than $20 billion in the coming years.

Because of the cannabis legalization, more cannabis enterprises are going in the country to legally produce, sell, and distribute marijuana. The biggest cannabis in the world is operating in Canada, including Canopy Growth Corp., Aurora Cannabis, and Aphria Inc.

Meanwhile, consumer rates also increase for a year, but underage people consuming cannabis didn’t increase. The study also revealed that the number of people driving impaired under the influence of marijuana didn’t increase. Following the legalization, the study states that cannabis use across Canada has remained unchanged, however, the number of people consuming cannabis increased. The statistics revealed that more first-time users increased in numbers, with age over 45 years.

What Needs Improvement

Despite the positive impacts of cannabis legalization, there are some things that need improvement. One is in terms of supply shortages that hurt retailers in Canada. Because the regulation requires licensing of production, sales, and distribution, the licensing bodies cannot fully deliver due to overwhelming demand. Some provinces move quicker than others, that is why there are still some people who turn to illegal sellers to get access to marijuana.

The licensing challenges also prevent more sales for retailers, that is why optimistic year-one estimates were not met. The differences between the local government regulations matter, for instance, Ontario voted for a private model for storefront sales. This led to the increase of online stores in Ontario while physical stores did not open until April 2019. After the storefronts were opened to the public, sales jumped to $19.7 million from $7.7 million.

The issue of accessibility was also raised as edibles and concentrates can be accidentally consumed by youth. A child can easily mistake an edible cookie for a normal cookie, which could bring risks or effects, depending on the potency of the cannabis product. The government also needs to impose stricter regulations on advertising extracts, topicals, edibles, and other cannabis products so youth can be properly educated.

The packaging of cannabis goods also needs to be looked into, just like what Quebec is implementing. Quebec currently prohibits cannabis chocolates, sweets, and desserts to avoid enticing youth to try cannabis-infused products. It all boils down to proper and accessible education to reduce the risks associated with the new cannabis products.

Speaking of new products, cannabis extracts used in vaping devices must be monitored to avoid fatalities related to this. The ingredients causing the harm need to be looked into in order to combat the growing death toll on vaping. This is the reason why Nova Scotia has prohibited flavored cannabis vaping products altogether. Although this move may carry the risk of illegal vaping products, the government needs to take action.

Displacing Illegal Markets

Immediately displacing illegal markets is a big challenge for Canada, considering the uneven access to retail stores in the country. If the supply isn’t enough, many people resort to alternative, which is offered by unlicensed retailers. However, there is a success in slowly displacing these illegal retailers because there is an increase in the reporting purchases from legal purchases. Those reporting purchases from illegal sources declined for a year.

The National Cannabis Survey also revealed that most people turn to legal retailers for safety and product quality, not just price. The strong quality assurance provided by legal producers and distributors helps consumers to shift to the legal market.

For a cannabis business to get a license from the government, basic product quality is examined to fit the quality standards set. The government has established benchmark laboratories to test and standardize the quality of cannabis products. The tests ensure the consistent result or effect of cannabis before commercial selling.

Marijuana Market In The Future

Given that cannabis legalization is only in its second year, Canada will surely have a lot of improvements to make. Some improvements can wipe out illegal sellers, with stricter regulations and penalties. Moreover, as more businesses are jumping in, the cannabis market has a lot of potentials. From edibles, topicals, capsules, skincare, and cosmetics.

In addition to physical dispensaries and stores, more online retailers are expected to come out in the coming years to meet the demand of those looking to buy cannabis online. This is in response to the growing demand of Canadians for high-quality marijuana products for both recreational and medical use.

Finally, research facilities in the country can flourish, identifying emerging concerns in the market as well as implementing best practices for producing high-quality marijuana products. New developments on the marijuana plant can still happen in the future, which will entice more people to use cannabis for medical purposes.

Conclusion

Canada is truly commendable for implementing the legalization of marijuana. Making consumption or use legal on a federal level provides value access to high-quality cannabis for medical and recreational use. More than displacing illegal markets, the legalization also opened another economy driver, which helps the country increase its GDP.

The results came out mostly positive but some loopholes can be corrected given the proper management and implementation. While it is still too early to predict whether 2020 will be a good year for cannabis, market stabilization is key to cater to consumers. This is especially applicable to heavily-populated areas like Ontario.

Effective monitoring and implementing best practices is needed between the different tiers of the government. This might mean reforming regulations set or adding new ones to create an effective policy moving forward.

Cannabis News

Where To Get Top Cannabis News

Carissa Stevens

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Cannabis News

The legalization of cannabis has seen a growth in recreational marijuana use, as well as a surge in medicinal cannabis use. CBD products are now mainstream. They are the drug of choice for many people. As a result, cannabis use no longer carries the stigma of years gone by.

Increase Cannabis News Providers

The growing popularity of cannabis has also seen an increase in demand for cannabis-related news. Along with that, you also have an increase in cannabis products from the best pre-rolled cones to the cannabis herb grinders. Specialist websites are popping up all over the internet. They provide all sort of information, from how to grow marijuana plants and the best type of CBD and THC products. Through to legal changes, study results and even financial news. In short, cannabis news is big business!

Fake Cannabis-Related News Exists Too

Like most things that experience a surge in popularity, not everything you read is legitimate. When it comes to cannabis news, you can’t take what you read at face value. It’s essential to know that your information source is trustworthy, objective and reliable. Many websites pose as legitimate information sources. But, in reality, they are nothing more than promotional sites for their own products.

Even more disturbing many of these sites are promoting products that are overpriced or of low quality. There also plenty of so-called “gurus” sharing their wisdom and experience. Sometimes that experience is growing a couple of plants in a bedroom or using CBD oil for a few months.

So, what sources can you trust?

Obviously, plantsbeforepills.com is a great place to start. We always aim to provide balanced, informative articles for our readers. We cover global cannabis news and all the latest medical marijuana developments. If you are looking for additional sources, here are three well known and reliable sites to check out.

HighTimes.com – High Times has been around since 1974 in print format. Now it is online and provides a cross-section of information covering hemp and marijuana. High Times is an excellent resource for both recreational and medicinal cannabis information. You’ll find well-informed articles covering the latest products, treatments and studies.

Leafly.com – A global information source on all things cannabis. Leafly covers recreational and medical matters. You’ll find everything from cannabis news to product reviews and scientific developments. Along with news, you can also order online and find local dispensaries.

MedicalJane.com – Medical Jane is an excellent resource for information on medical marijuana products. It isn’t so much news site but a fantastic reference resource. Got a query about a medical marijuana matter? You should be able to find an answer at medicaljane.com.

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Cannabis Lifestyle

High and Wealthy: Top 8 Richest People Who Have Used Marijuana

Stacey Wellington

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Richest Cannabis Users

For years, the word “rich” carries a broad range of possible connotations – classy, refined, eloquent, regal … and high? From smoking flower to consuming marijuana hash, the wealthy are dialed in.

Gone were the days when the wealthy are boxed within the “prim and proper” notion. Today, the newer generations of the top 1% are more than willing to break the strict expectations and experience a different dose of high and wildness.

From business tycoons, politicians, to award-winning artists, here are 8 of the richest cannabis users.

Get to know them:

  • George Zimmer

Perhaps, it is safe to say that almost every guy has heard the name “George Zimmer” before. He is, after all, the founder and former CEO of the popular clothing chain, Men’s Warehouse. Although Zimmer was fired as executive chairman in 2013 due to his “unwillingness to hand over the reins,” the entrepreneur remains to be one of the biggest fish in the cannabis pond.

In fact, in 2010, Zimmer has openly showcased his support for the legalization of cannabis by donating a staggering $70, 500 to support the Proposition 19 in California.

Five years later, in an interview with CNBC, the former CEO said he has been regularly smoking marijuana for half a century already. When asked about his stand about the marijuana prohibition, Zimmer is quick to respond, saying: “This is the biggest con that has been perpetrated on this country in the last century.”

  • Ted Turner

No one can debunk the unpleasant stereotypes linked to marijuana users more than the American billionaire Ted Turner. Not only is he famous for founding the first 24-hour news network, CNN, but he is also regarded as America’s second-largest individual landowner and a self-made billionaire. In 2014, Forbes estimated Ted Turner’s net worth at $2.2 billion. Today, Turner continues to rise as one of the top media tycoons in the country.

For years, Ted Turner has been rumored to have been a marijuana user. Some sources even claimed he had been caught growing marijuana in his dorm room at school. Although the mega-mogul refused to clarify the rumors, his vocal support for the legalization of cannabis and his consistent role as a sponsor of the Kentucky Hemp Museum already seem to confirm the report.

  • Richard Branson

Richard Branson is not the kind to back out from anything – even from admitting he smokes marijuana. In fact, in an interview with GQ magazine, the founder of the Virgin empire had admitted he tried using cocaine, ecstasy, Viagra, and marijuana.

“I haven’t tried skunk, I have smoked cannabis though. I mean, I went with my son on his gap year, for God’s sake. We learned to surf and had some nights where we laughed our heads off for eight hours,” the multi-millionaire airline boss told Piers Morgan.

As a bonus, the British entrepreneur also said that the first person to teach him how to roll a joint is none other than Rolling Stones guitarist Keith Richards.

For years, Branson has been one of the most devoted supporters of the legalization of marijuana and even said he’d put in on sale if it were to become legal.

  • Hugh Hefner

No one lives the “American Dream” more accurately than Hugh Hefner. From astounding mansions, fanciful lifestyle, dream girls, to regular puffing of cannabis – this magazine tycoon seems to has it all. Despite his death in 2017, the founder and editor-in-chief of Playboy magazine remains to be one of the biggest faces of celebrity cannabis users.

“I don’t think there’s any question that marijuana should be legalized because to not legalize it, we’re paying the same price we paid for prohibition,” he told Fox News on 2010 when asked about his stand on the legalization of the plant. “In other words, it is a medical concern and it should be handled that way.”

In a book called High in America: The True Story Behind NORML and the Politics of Marijuana, Hefner shared how marijuana made him see sex in a different light. “Smoking helped put me in touch with the realm of the senses. I discovered a whole other dimension to sex. I discovered the difference between fucking and making love,” the Playboy magnate told Patrick Anderson.

  • Michael Bloomberg

Nothing tops Michael Bloomberg when it comes to being the face of success. Not only is he the co-founder and CEO of the financial, software, data, and media giant, Bloomberg L.P, but he also became a three-term Mayor of New York City. Forbes estimated his net worth to be a stunning $55B and was even hailed as the 9th richest people in the world.

In 2001, Bloomberg was asked by New York Magazine whether he had ever tried marijuana, in which he responded with the iconic line: “You bet I did. And I enjoyed it.”

He then later came to regret making the comment when the National Organization for the Reform of Marijuana Laws Foundation unveiled a $500,000 ad campaign featuring his face alongside the quote.

“In terms of, I had, certainly when I was younger, as I suppose most people in my generation, experimented,” he told during a news conference. “I never lie, so if somebody asked me a question, I told them. Do I, in retrospect, wish I didn’t say it that day so they couldn’t quote it? Of course.”

However, despite his experience with the plant, Bloomberg was not fond of decriminalizing marijuana. In 2013, he even called medical marijuana “one of the greatest hoaxes of all time.”

  • Bill Gates

The American business magnate and co-founder of Microsoft isn’t just commendable for having the world’s largest private charitable foundation but also for his vocal support for the legalization of marijuana13 in his home state of Washington.

Although the Microsoft’s mogul has been mum on whether he had used to smoke cannabis, his 1994 interview with Playboy seem to suggest a possible answer. During the said interview, Gates was asked if he had ever taken drugs, particularly LCD. He responded by saying: “My errant youth ended a long time ago.”

When asked to further his answer, the American entrepreneur only said: “That means there were things I did under the age of 25 that I ended up not doing subsequently.”

Bill Gates now stands as the top 2 richest individuals in the world, according to Forbes.

  • George Soros

Aside from his vocal support for democratic ideals and causes, the Hungarian-American billionaire George Soros is also a faithful supporter of the legalization of marijuana. In fact, since 1984, he has been injecting more than $80 million of his money to various alliances and networks for the advancement of the legalization of marijuana.

Although he said he finds no use for drugs, the prominent international investor admitted he once tried smoking cannabis.

“I tried marijuana and enjoyed it, but it did not become a habit and I have not tasted it in many years,” Soros said in an interview.

As a well-known humanitarian, George Soros believed that the marijuana laws are doing more harm to people than good.

“The criminalization of marijuana did not prevent marijuana from becoming the most widely used illegal substance in the United States and many other countries. But it did result in extensive costs and negative consequences,” he asserted.

  • Steve Jobs

Perhaps, we can all agree that no other CEO could top the grand stature of Steve Jobs when it comes to the public realm. After all, who would forget the genius mind behind the Apple gadgets? In 2010, he was hailed by Forbes to be the 17th most powerful person. And even when he succumbed to cancer in 2011, he was still regarded as one of the leading pioneers of the microcomputer revolution.

Prior to his death, Jobs’ involvement in recreational drug use is not a secret to the public. In fact, he was even able to give a talk about his drug experiences, particularly with LSD and marijuana. During the interview, the Apple Co-Founder expressed that his use of LSD was one of the “two or three most important things” he ever did in his life. He also said he and his friends used to smoke marijuana and eat pot brownies for some time before. For Jobs, the reason behind his marijuana usage stems from the relaxing effect the plant provides, along with its creative significances.

Today, Steve Job’s legacy continues to affect the computer, wireless, and even cannabis industries.

After his death, Daniel Kottke, an old friend of Jobs’ told CNN that Jobs’ experiments with drugs stopped with the dawn of his company, Apple.

“Once Apple started, Steve was really focused with all of his energy on making Apple successful… and he didn’t need psychedelics for that,” he explained.

Conclusion:

Surely, the “high” and wealthy will always have their own ways to stay on top. From CEOs, politicians, sports personalities, to celebrities, there always comes a broad list of rich people who find leisure in the company of the green plant.

Who among these people do you fancy sharing a joint with?

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Cannabis Business

Laze Teams Up With Hazey Taughtme For A Cali Cannabis Collab

Daniel King

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The California market is “budding” (pun intended), and there is a new player on the team; Laze Cannabis. As one of the latest products to hit the California recreational marijuana market, Laze is officially brought to you by Just Mary, Greenwood Distro, and entertainment mastermind, Hazey Taughtme™️. The parties came together to form the first childproof one ounce can with a patent-pending lid. Laze will offer consumers an inside look at making a black-owned cannabis brand through a web series to be announced in the upcoming weeks.

Better known as “Haze,” Steven Palmer is a builder, strategist, entrepreneur, and social justice advocate. He aims to expand the cannabis industry for people of color, creating a larger market share in one of the country’s fastest-growing sectors.

“I build brands. I connect the dots. I teach. I create.” Haze said. 

Background on Haze

A native of York, Pennsylvania, Haze, otherwise known as Hazey Taughtme, is the CEO of Haze Ent. It is widely regarded as one of the nation’s leading brand managers. Haze is the founder/owner and the publicist for multiple companies, including Miracle Mile Studio, Black Cannabis Magazine, Laze Cannabis, and Royal Danks.

Haze has been instrumental in building the career of popular speaker and community activist Freeway Rick Ross. Like so many other clients, he has helped transform Freeway Rick Ross’ image from former drug kingpin to cannabis entrepreneur, motivational speaker, and community social justice advocate. Haze himself had experienced some of the pain Freeway Rick Ross had experienced, enduring prison and moving through the criminal justice system, and emerging as a new person. Haze helped manage Freeway Rick Ross’s image change, including speaking tours, book deals, film promotions, etc.

As a businessman, manager, and marketer, Haze has been at the forefront of creating opportunities for people of color in the cannabis industry. He works closely with the National Diversity & Inclusion Cannabis Alliance (NDICA) to increase aspiring entrepreneurs’ awareness and opportunities.

Haze has also worked closely in the entertainment industry. He’s been a music enthusiast since he was four years old, and he aspired to become an artist himself. At the age of 18, Haze wrote and sang with a group of three boys from the Harlem Boys Choir. Growing up, his father encouraged him, “If you want to pursue a music career, you also have to play an instrument.” Haze took to playing the piano and keyboards for several years. “Even today, knowing how to play an instrument gives you an advantage in the industry,” he explains.

Haze’s work ethic is the stuff of legend. He’s continuously serving his clients, partners, companies, and anyone else who’s actively working with him, working from 7 AM until midnight each day, and doing it all over again the next day. He claims he doesn’t have much of a personal life but is simply motivated to help create the most significant value and buzz for his clients that he possibly can. Before COVID-19 turned the year 2020 upside down, Haze put together a cannabis/CBD wellness experience for the Super Bowl party this past February for rapper and mogul Diddy.

The sky is the limit for Haze and Laze Cannabis and we look foward to watching this dynamic partnership come to life!

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