[Toronto,Canada] Marijuana Will be Legal In Canada wef 17 Oct
Prime Minister of Canada Justin Trudeau has said that Marijuana will be legal nationwide in the country starting October 17
The Senate gave final passage to the bill to legalise cannabis on Tuesday, legislation that will make Canada only the second country in the world to make pot legal across the country.
Trudeau said provincial and territorial governments need the time to prepare for retail sales.
The prime minister said at a news conference that the goal is to take a significant part of the market share away from organized crime.
Canada is following the lead of Uruguay in allowing a nationwide, legal marijuana market, although each Canadian province is working up its own rules for pot sales. The federal government and the provinces also still need to publish regulations that will govern the cannabis trade.
Trudeau said they are going to treat it like wine and tobacco
Trudeau promised to legalize it during the 2015 election and had set a goal of July 1 for it. The provinces pleaded for more time.
Canadian marijuana stocks have rallied in anticipation of legalization and jumped again on Wednesday.
In the neighbouring U.S., nine states and the District of Columbia have legalized marijuana. California, home to one in eight Americans, launched the United States’ biggest legal marijuana marketplace on January 1.
file photo
Trudeau with CM Of Punjab India Capt Amarinder Singh