Canada Set to Vote on Cannabis Legalization
Tomorrow, Canada will inch closer towards becoming the first G7 Nation to legalize cannabis for Non Medical/Recreational/Adult Use Purposes when a 3rd and final vote in the Senate is expected to ratify Bill C-45, effectively making Canada the first G7 nation to ever do so at the federal level.
Businesses, governments, researchers and academics across the world all have their eye on Canada particularly because legalization of cannabis is most certainly going to have an impact on several things ranging from crime, to potentially eliminating Canada’s deeply entrenched black market from the cannabis trade, underage access, as well as the quasi-medical applications of cannabis.
Whilst the question around legalization of edibles and limits around potency of THC levels is one that hasn’t been determined, the legalization of fresh and dried cannabis, as well as seeds and oil formulations, are expected at the outset once the act comes into force.
After the vote at third reading tomorrow, the Senate’s amended version of the bill will go back to the House of Commons. With a majority government in the House, it’s safe to say that the Liberal Government will quickly get the bill to Royal Assent by making amendments to some recommendations posed by the Senate and rejecting one’s it doesn’t like. Stay tuned on Friday for an important update on tomorrow’s vote.