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Weed woes: Canada struggles to meet huge demand for legal cannabis
Numerous stores dealing with empty shelves and disgruntled customers, with fears many consumers will turn to black market
The Guardian (UK)
Sunday, November 4, 2018Two weeks after Canada became the first G20 country to legalize cannabis amid much fanfare, numerous stores – both physical and digital – are struggling to meet high demand. In much of the country, the legal supply of marijuana has dried up. “The shortages are happening faster than I would have expected, but our research suggested quite strongly that there would be shortages in the first year of legalization,” said Rosalie Wyonch, a policy analyst at the CD Howe Institute. A mix of regulatory frameworks, retail chain distribution and logistical kinks – including postal strikes – have created fertile ground for the shortages. When Colorado legalized recreational cannabis, it took three years for supply to finally catch up to demand, and Canada could expect a similar delay.
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Time for a truce in Asia’s war on drugs
New International Drug Policy Consortium research indicates that the United Nations' drug strategy has been a “colossal failure” over the past decade - and Asian nations are getting it badly wrong
Asia Times (Thailand)
Saturday, November 3, 2018Global attitudes on narcotic drugs are changing, but the shift has come too late for those caught up in Asia’s past decade of misguided and often lethal anti-drug campaigns. Over the past ten years, governments have applied questionable, if not counter-productive, tactics to decrease the use and distribution of drugs, often in so-called “war on drugs” campaigns. According to a new report, Taking Stock, by the International Drug Policy Consortium (IDPC), a global network of 177 NGOs that work on issues related to drug production, drug use, and trafficking, the 10-year United Nations (UN) drug strategy has been a “colossal failure.”
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Global cannabis industry eyes China for production and investment
Chinese investors are beginning to warm to the new market, but a negative social stigma and a lack of education surrounding the drug are hurdles that need to be overcome
South China Morning Post (China)
Friday, November 2, 2018The global cannabis industry is targeting China for production and investment, while the country’s investors are warming up to the idea of placing their money in the fast-growing market. Legal cannabis is a booming market worldwide, expected to be worth US$57 billion in 10 years, with legal adult recreational use accounting for 67 per cent, and medicinal marijuana taking up 33 per cent. Asia’s participation is predicted to rise as Thailand and Malaysia are considering the legalisation of medical marijuana – the first countries in the region to do so. While growth and consumption of marijuana remains illegal in China, the government has been investing in health-related cannabis. (See also: Why Hong Kong is no gateway to China when it comes to legalising marijuana)
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Mexico Supreme Court says ban on recreational marijuana unconstitutional
Congress would now have to act to regulate the use of marijuana in Mexico
Reuters (UK)
Thursday, November 1, 2018Mexico’s Supreme Court ruled that an absolute ban on recreational use of marijuana was unconstitutional, effectively leaving it to lawmakers to regulate consumption of the drug. Announcing it had found in favor of two legal challenges filed against prohibition of recreational marijuana use, Mexico’s top court crossed the threshold needed to create jurisprudence: five similar rulings on the matter. That creates a precedent other Mexican courts will have to follow. The ruling does not create an absolute right to use marijuana and consumption of certain substances could still be subject to regulation. (See also: Mexico court sets precedent on legal, recreational pot use)
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Cannabis producers could be chasing global market worth $194 billion in seven years: BMO report
High valuations justifiable if investors factor in potential of U.S. legalization on a federal level and legalization in the EU
Financial Post (Canada)
November 1, 2018The potential of the global cannabis industry is so vast that it could eventually make the sky-high valuations of some Canadian licensed producers look like bargains, according to a new report from Bank of Montreal. In the report, the bank’s cannabis sector analysts, Tamy Chen and Peter Sklar, sought to determine just how big the total addressable market Canadian producers will be competing for in the coming years, one that doesn’t stop at Canada’s borders. Assuming a blue-sky scenario in which the U.S. and all 28 countries in the EU legalize marijuana for both recreational and medical use — and in which Latin America allows the medical use of cannabis — they project that in seven years the market could reach $194 billion.
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Please allow small farmers to benefit from ganja industry, says senator
Jamaica has the ability to put mechanisms in place that would drive legislation to legalise it
Jamaica Observer (Jamaica)
Tuesday, October 30, 2018Senator Kerensia Morrison is calling on the Government to ensure that small farmers and the little man are not left out of the emerging ganja/cannabis industry. “Perhaps the most critical point that I am going to make on this issue is that our small farmers, the little man, must not be left behind on this lucrative ganja ship,” Senator Morrison said as she opened the 2018/19 State of the Nation Debate in the Senate. "Small traditional ganja farmers, the same ones who were persecuted and who bore the full brunt of the law, the same ones who first believed in the power of the herb, the same ones who were seen as worthless and as criminals, must not be pushed aside by those who never believed in it, but who today have the big bucks to get into the industry,” she said.
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Why L.A.'s recreational weed industry can't go straight
Recreational cannabis became legal in California in January. But unlicensed dispensaries outnumber licensed ones in Los Angeles—and the gap is only growing
Citylab (US)
Tuesday, October 30, 2018Given Los Angeles’ status as one of the largest cannabis markets in the world (and California’s status as a trailblazer for medical cannabis), it should have been prepared when recreational weed was legalized in January. While the city’s smokers may have been ready for the transition, its byzantine and restrictive licensing system was not. As a result, unlicensed dispensaries have been popping up throughout the city at a rapid clip, and now dwarf their licensed counterparts in number. Dispensary owners still complain of an inhospitable regulatory environment—one that they say makes it nearly impossible for most shops to operate legally.
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Majority of British public support legalisation of cannabis, survey reveals
More than three in four people willing to use cannabis if advised by a doctor
The Independent (UK)
Monday, October 29, 2018The British public strongly supports the legalisation of cannabis, according to a new poll. Fifty-nine per cent of people surveyed strongly support or tend to support legalisation of the drug, compared to just 31 per cent who oppose the idea. The poll was commissioned by the think tank Volteface and the Centre for Medicinal Cannabis, and carried out by Populus. Its results show that support for cannabis legalisation is highest amongst younger people. More than two-thirds (68%) of 18-24 year olds support the policy, although almost half (49%) of over 65s believe the same. Two-thirds (65%) of the public believe cannabis laws should be reformed, though the number is split between the 40 per cent who support legalisation and 25 per cent who prefer decriminalisation.
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Barcelona police launch massive crackdown on narcopisos
"Narcopisos" have led to a rise in muggings and violence between different drug trafficking rings that operate in the area
The Local (Spain)
Monday, October 29, 2018Hundreds of police backed by a helicopter raided dozens of apartments in central Barcelona used for selling and consuming heroin and other drugs, making dozens of arrests. A court in the northeastern Spanish city authorised the search of 40 flats in the central Gotic and Raval neighbourhoods. Residents of the two central neighbourhoods which are popular with tourists have long complained that empty flats, many of which are owned by banks and investment funds following Spain's property crash a decade ago, had been taken over by drug traffickers as places where people come to buy and use drugs.
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Pardons don't go far enough. Convictions for cannabis possession must be expunged
A future government could retract pardons for simple possession en masse by amending the Criminal Records Act
CBC News (Canada)
Monday, October 29, 2018Today, more than 500,000 Canadians are encumbered with a criminal record for doing something that is now legal: possessing a small amount (30 grams or fewer) of cannabis. A criminal conviction has real and lasting consequences. It can restrict the bearer's access to employment, housing, travel and the opportunities that accompany them. This impact is grossly disproportionate to the actual harm caused by the simple possession of marijuana. Pardons do not go far enough. If the Liberals are serious about eliminating past convictions as a source of future prejudice, they must expunge convictions for simple possession.
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