Canada Introduces Legislation to Legalize Marijuana

Canada's proposed legislation follows success at USA ballot boxes a year ago in several states, including recreational marijuana laws in Maine, Massachusetts, Nevada, and California.

The legalization of marijuana in Canada took a major step forward Thursday, and PI analyst Jason Zandberg thinks that is an immediate positive for cannabis stocks.

Canada's proposed law allows four plants to be grown at home.

The Globe and Mail stated that the legislation would put in place new criminal offences, including a maximum penalty of 14 years to anyone who sells or provides marijuana to a minor.

Trudeau has repeatedly said, as he did in Parliament this week, that it is easier for a teenager to buy a marijuana cigarette than a bottle of beer, "and that is not right".

"If you add 10 or 15 seconds to every vehicle inspection on average at the border, you're going to back up the cars a significant amount of distance", he said.

Canada has been in "very close touch" with the US on the issue, said Goodale, but he had little to say about Canadians who might fear trouble from American border guards when travelling south.

The current legislation on the drug is simply not working, the country's government admitted, as it revealed plans to make the drug legally available.

The law was tabled on Thursday, and would allow adults over 18 to possess up to 30g of dried marijuana. The proposed legislation will be carefully scrutinized by provincial governments, marijuana producers and a number of would-be distributors and sellers of marijuana that are all looking for a piece of the multibillion-dollar market.

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As it relates to trucking, the Liberal government also explained that for the first time in Canadian law there will be a regulated limit to how much THC can be in a driver's blood while behind the wheel. "Marijuana taxes will be announced at a later date".

Public health experts have mostly backed a minimum age of 21 as the brain continues to develop to about 25, according to a government-backed panel. "From experience, I know that use of cannabis among our young people is among the highest in the world".

Canada's Public Safety Minister Ralph Goodale (left) speaks during a news conference with Justice Minister Jody Wilson-Raybould (center) and Health Minister Jane Philpott in Ottawa, Canada, April 13, 2017. Marijuana, of course, is still federally illegal under US law. Goodale said Canadian tourists "should never lie" to border guards and suggested he had raised the issue with US officials.

But Christina Grant, a professor of pediatrics at McMaster University in Ontario, worries the government is conveying the message that marijuana is not harmful.

But Christina Grant, a professor of paediatrics, fears usage among the young will go up because concerns will lessen about its safety.

The plan represents progress for Canadian Prime Minister Justin Trudeau, who promised to legalize marijuana during his campaign.

The Cannabis Act would tighten Canada's impaired-driving laws regarding being under the influence of cannabis.

Illegal pot dispensaries have sprouted up in cities across Canada in the last few years, especially in Vancouver and Toronto.

O'Toole is siding firmly with those provinces who want the federal government to pick up the tab for additional law enforcement costs sure to result from the new landscape. Canadian folk singer Pat Robitaille released a "Weed song" to coincide with the government's announcement.

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