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> "Canada is showing signs they might do it, which will trigger a landslide, but at the moment that's only speculation." Speculation? The federal government of
by mgbmtl 9y ago
> "Canada is showing signs they might do it, which will trigger a landslide, but at the moment that's only speculation."
Speculation? The federal government of Canada has passed a law to legalize cannabis as on July 1st, 2018. Implementation is left to the provinces, who can set target prices, who/how will sell it, how much it will be taxed, etc, but the law also explicitly allows shipping cannabis through the post across provinces, as a way to go around any restriction a province might impose. The effects are already very present on the stock market. This will have a very big impact on the US, one can suspect the same as the end of alcohol prohibition in the 30s (where Canada played an important role).
- sputr 9y agoSeems I have been, and not been, missinformed :). They have passed a law, but as it does not yet break the treaties they still have "time" to do something about it. http://globalnews.ca/news/3606927/after-blowing-july-1-deadline-canada-seems-likely-to-legalize-pot-while-ignoring-un-treaties/ http://globalnews.ca/news/3606927/after-blowing-july-1-deadl...
- mgbmtl 9y agoAh, good point, but that article also mentions (towards the end) that they are likely to just ignore the treaty, as Uruguay has (and some US states). They can also demonstrate that they are legalizing as a more efficient way to control/limit drug use.
- sputr 9y agoLikely, yes and I think that is probably the right course of action, but IANAL, at least politically. As I understand the US situation the federal level, the signatory of the treaty, didn't actually legalize anything. The states did, in breach of the federal law, but they are not signatories of the treaty.
- GFischer 9y agoAs a Uruguayan I can tell you that unfortunately, ignoring treatises has had consequences - the U.S. banking system has issued some dire threats for us. American banks, including Bank of America, said that they would stop doing business with banks in Uruguay that provide services to anything marijuana-connected. https://www.nytimes.com/2017/08/25/world/americas/uruguay-marijuana-us-banks.html?mcubz=0 https://www.nytimes.com/2017/08/25/world/americas/uruguay-ma...