In fact, this could be a global cannabis revolution. Canada’s national approach means pot businesses can use banks, trade stocks and sponsor peer-reviewed medical studies like any other pharmaceutical operation. This happens when marijuana remains illegal at the federal level in the USA, even if a majority of states have adopted some form of legal weed. “Canada fully legalizing marijuana for adult use is a historic moment that the whole world should celebrate,” said Daniel Yi, a spokesman for California-based marijuana company MedMen, which has operations in the USA and Canada. Users will be allowed to buy online and have products shipped to their homes.
Uruguay is the only other country that has legalized marijuana. The U.S.-based anti-legalization group Smart Approaches to Marijuana will launch an effort Wednesday to track any negative impacts of legalization in Canada. The group pointed out that legalizing pot puts the country at odds with international drug control treaties and risks creating another Big Tobacco industry. The first recreational cannabis to be legally bought in Canada was purchased at midnight on Wednesday (02:30 GMT) on the eastern island of Newfoundland amid queues of hundreds of people.