Why is Canada legalizing marijuana?

Late last week, the Canadian government acknowledged that its citizens won't be able to legally purchase marijuana for recreational use until at least one month later than originally expected. Canadian marijuana stocks immediately dropped on the news. But what is the actual impact of the legalization ... read more

Although Canada is not for sure legalizing it, we can assume that it may happen, as the incumbent government says so. There are various motives for wanting to legalize marijuana, and various interests have different reasons. Some of the come reasons go as follows: The war on drugs, specifically marijuana, is ineffective. read more

We will legalize, regulate, and restrict access to marijuana. Canada’s current system of marijuana prohibition does not work. It does not prevent young people from using marijuana and too many Canadians end up with criminal records for possessing small amounts of the drug. read more

Nor do Canada’s sanctions curb underage use. Germany, Portugal, Belgium, Italy and the Netherlands are all countries where pot use has been decriminalized, legalized or liberalized, and all have rates of child cannabis use that range from one-third to more than one-half lower than in Canada. Why Canada’s rates are higher is a bit of a mystery. read more