Starting October 17, Canadians were allowed to cultivate, possess and consume cannabis for recreational purposes, making it the first Western country and second in the world for five years after Uruguay did so in South America. To be able to grow it legally, you will need a toronto grow license.
Cannabis derivatives, such as food, cosmetics or e-cigarettes with marijuana, will be allowed in Canada from 2019, but Canadian entrepreneurs have already begun preparations to grab their share of the pie in the promising market according to Grow shops in Toronto.
Since Trudeau was elected in late 2015, financial markets have dipped into new businesses and Canadian cannabis makers are already making billions. The three largest companies listed on the Toronto Stock Exchange have already accumulated more than $ 30 billion ($ 19.9 billion).
Legalization should boost the Canadian economy and generate between $ 816 million and $ 1.1 billion in new revenue in the fourth quarter of the current year. That does not count the black market that produces a quarter of all joints smoked in Canada, according to the Toronto grow shops.
The Bureau of Statistics estimates that 5.4 million Canadians will buy cannabis in authorized stores by the end of 2018, or 15 percent of the population.
The Canadian experience will be closely monitored abroad, Prime Minister Trudeau said in an interview with France Presse in May.
Preparations are already underway in individual regions and settlements, and local governments and businesses need to comply with the new law.
The federal parliament voted in the spring to legalize cannabis, which has been banned in Canada since 1923, but implementation of that reform will be carried out by ten provinces and three territories. Several have already announced by Grow equipment in Toronto that they will not fully implement the new law.
For example, under new federal law, each household can grow up to four cannabis plants, but the central Canadian province of Manitoba and the eastern province of Quebec have declared that they will prohibit cultivation, although the Supreme Court has yet to say a final word.
As for the production and distribution of alcohol and tobacco, it is the provinces that decide the age limit. Most limits are 19 years old, but in Alberta they are 18 and Quebec wants to raise the limit to 21 years.
When it comes to commercialization, some provinces, including Quebec, according to Toronto grow lights want to have a monopoly, while others like Ontario or Nova Scotia have decided to outsource the work to the private sector.
The practice for federal police officers will also be uneven. Federal police officers will have to abstain from consuming cannabis 28 days before work, and such regulation will apply to Toronto. In Montreal, cops are just being asked to come to work sober.
Finally, cannabis cannot be enjoyed everywhere. In some cities, such as Montreal, cannabis consumption will be subject to the same regulations as cigarette consumption. In some other cities smoking ‘joints’ will only be allowed in your own home.