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Canada Senate passes law legalising recreational marijuana

11 June, 2018, 03:29 | Author: Priscilla Morrison
  • Canada closer to legalising marijuana after senate vote in favour

"Within the next coming week or so, we will be able to make a decision regarding which amendments that we are going to accept and which that we won't", she said.

WASHINGTON-President Trump said Friday he would likely sign a bill co-authored by Sen. Elizabeth Warren, a Democrat, to file new legislation barring the US federal government from interfering with any state-approved marijuana legalization and permitting marijuana businesses to use the federal banking system.

"I really do, I support Senator Gardner", Trump told reporters Friday. "We're looking at it". The bill is known as Strengthening the Tenth Amendment Through Entrusting States (STATES) Act and deals with marijuana legalization in states.

"Thanks to the Attorney General, more people feel the urgency of the moment in changing federal law on marijuana", Warren said.

David Joyce, R-Ohio, and Earl Blumenauer, D-Ore., would keep in place restrictions such as the bans on the sale of recreational marijuana to people under 21 and on employing anyone under 18 in a cannabis-related job.

The proposal's prospects in Congress were unclear. "I think this is a courageous move on the part of the government, frankly, to take on a tough and controversial issue".

While the majority of the amendments are procedural, roughly one dozen are significant, including one to allow provinces to prohibit growing cannabis at homes if they choose. Nicholas Scutari announced the new bills just weeks ahead of a June 30 budget deadline that has upped the stakes since Murphy is banking on revenue from legalization to balance his fiscal 2019 spending pan. As part of legalization, the Canadian government will probably inform citizens that admitting to marijuana use might get them barred from crossing the border into the U.S., which classifies cannabis as a Schedule 1 drug with "no now accepted medical use and a high potential for abuse", according to the Drug Enforcement Administration.

"There is a lot of interest from our allies in what we're doing", he said. By allowing states to control what happens with cannabis within their borders, the bill could also usher in new medicinal research into the drug. Medical marijuana has been legal in Canada since 2001, and many USA -based cannabis companies have jockeyed for position in that market with an eye toward broader legalization. Without that incentive, Scott said medical marijuana businesses in Oklahoma would have an effective tax rate of about 40 percent. In California, which launched legal sales January 1, some prosecutors wiped away those records, and prosecutors in Seattle seek to do the same.

A major problem stemming from the federal ban: Major banks have been reluctant to do business with marijuana companies, fearing it could lead to prosecution. In California, for example, paying taxes and other transactions are often carried out in cash, sometimes in vast amounts.

The bill includes language meant to address financial issues caused by the federal ban.



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