Of course, laws surrounding framework for production, sales, distribution and possession of marijuana are also part of the suite of bills: individuals over the age of 18 will be able to possess up to 30 grams of dried marijuana, or its equivalent, in public settings.
Prime Minister Justin Trudeau has made good on his campaign promise to legalize the recreational use of marijuana. While eight USA states and the District of Columbia have voted to legalise recreational marijuana, the White House has suggested that the Department of Justice will do more to enforce federal laws prohibiting recreational marijuana, raising concerns over how Canada's approach will coexist with a potential U.S. crackdown. In the United States - voters in California, Massachusetts, Maine and Nevada voted past year to approve the use of recreational marijuana, joining Colorado, Washington, Oregon and Alaska.
The Canadian government unveiled legislation on Thursday to legalize marijuana.
No matter where it's sold, customers still would not be allowed to bring marijuana products back to the United States under any circumstances.
At this point, there are 42 companies that have the necessary authorizations from Health Canada to produce marijuana for medical purposes across the country. OrganiGram Holdings Inc (OGI.V), which has almost doubled, fell 9.7 percent to C$2.80.The market action was likely a "sell the news" reaction as the legislation was largely in line with what an official task force recommended a year ago, said Aaron Salz, founder of Stoic Advisory.
At a news conference attended by the various ministries affected by the proposed law, former Toronto police chief and current Liberal Member of Parliament Bill Blair called legalized pot a way of "protecting children and making our communities safer".More news: Reliance Industries reports 11.5% rise in Q4 net profits
More news: USA judge lifts stay on second Arkansas execution
More news: Mel B lawyers accuse husband Belafonte of inviting killer into family home
But many issues remain for government officials to figure out, including how much to charge for marijuana, reported CNN's partner CBC.
Public Safety Minister Ralph Goodale agreed with Blair.
The task force had also recommended allowing storefront or mail-order sales of legal recreational pot to Canadians aged 18 and older in provinces where that is the legal age. "Yet Canadian teenagers are among the heaviest users in the Western world, and criminals pocket 7 to 8 billion dollars in illicit proceeds", he said. However, the government has allowed the provinces to set a higher age limit if they wish to do so.
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. "Our system will actually be the better one", Goodale said.
Tracking the proliferation of legal marijuana across Canada is likely to become a top priority amid signs that the Trump administration is considering restarting the so-called War on Drugs by increasing drug arrests and stiffening criminal sentences for drug dealers.
The feds would provide oversight for quality and safety, but distribution will be the responsibility of each of Canada's 13 provinces and territories.