Canadian Politicians Are Delaying Marijuana Legalization Past July 2018

gb123

Well-Known Member
7 months left :lol: (::hump:

Canadian politicians, specifically those from the Conservative Party, are explicitly saying they will delay marijuana legalization past the July 2018 deadline by delaying the passage of two important bills.

Bill C-45 and C-46 are going to hit the Canadian senate floor in January. The bills deal with the specifics of legally consuming and selling marijuana and regulations on driving under the influence of cannabis, respectively.

READ ALSO: Montreal Will Be Hit With A Brutal 20cm Snowstorm

But Conservative senators are saying that the two bills are far from perfect and need to be reviewed, heavily.

One Conservative senator, Claude Carignan, told The Globe & Mail that the review process for these two bills will take a total of eight months, at the least, to assess and review bills C-45 and C-46.

Adding in the Senate’s summer break, that bill-review-timeline would set back marijuana legalization to the end of next year. And that’s a best case scenario for Conservative senators.

"I think we have to do our job properly, and that means months," said Claude Carignan, a Conservative senator and vocal critic on marijuana legalization.

Conservative party members in the Senate of Canada say that the two bills, in their current form, do not do enough when it comes to drug testing, taxes, and police training, among other issues.

If marijuana legalization is delayed past July 2018, the date promised by the Trudeau government, it could really hurt individual provinces and some business investors.

Provincial governments have already started to prepare for legal marijuana by doling out more licensed producer accreditation and investing (along with some private companies) in ways to sell weed. Delaying marijuana legalization by half a year (if not more) will seriously hurt the return on these investments.

Somewhat fortunately, the plan to delay marijuana legalization isn’t a guarantee. Conservative senators will only be able to hold up legalization if other senators don’t work to speed up the process.

As The Globe & Mail points out, however, there aren’t enough Liberal senators to push the bill through. Marijuana legalization will rely on the support of independent senators (those with no specific political party allegiance) to meet the July 2018 deadline.

Hopefully, that will be the case. There are also eleven empty seats in the Canadian Senate right now, spots Trudeau could (and hopefully, will) fill with pro-legalization senators to ensure bills C-45 and C-46 pass in a timely fashion.
 

VIANARCHRIS

Well-Known Member
That would demonstrate the need to abolish the senate. Legalization is supported by a majority of Canadians and the governing party was elected on a platform that included legalization. Any CON opposition and delays will only deepen the sentiment that the party is run by neanderthals who think they know better than I what I want or need.
 

torontomeds

Well-Known Member
7 months left :lol: (::hump:

Canadian politicians, specifically those from the Conservative Party, are explicitly saying they will delay marijuana legalization past the July 2018 deadline by delaying the passage of two important bills.

Bill C-45 and C-46 are going to hit the Canadian senate floor in January. The bills deal with the specifics of legally consuming and selling marijuana and regulations on driving under the influence of cannabis, respectively.

READ ALSO: Montreal Will Be Hit With A Brutal 20cm Snowstorm

But Conservative senators are saying that the two bills are far from perfect and need to be reviewed, heavily.

One Conservative senator, Claude Carignan, told The Globe & Mail that the review process for these two bills will take a total of eight months, at the least, to assess and review bills C-45 and C-46.

Adding in the Senate’s summer break, that bill-review-timeline would set back marijuana legalization to the end of next year. And that’s a best case scenario for Conservative senators.

"I think we have to do our job properly, and that means months," said Claude Carignan, a Conservative senator and vocal critic on marijuana legalization.

Conservative party members in the Senate of Canada say that the two bills, in their current form, do not do enough when it comes to drug testing, taxes, and police training, among other issues.

If marijuana legalization is delayed past July 2018, the date promised by the Trudeau government, it could really hurt individual provinces and some business investors.

Provincial governments have already started to prepare for legal marijuana by doling out more licensed producer accreditation and investing (along with some private companies) in ways to sell weed. Delaying marijuana legalization by half a year (if not more) will seriously hurt the return on these investments.

Somewhat fortunately, the plan to delay marijuana legalization isn’t a guarantee. Conservative senators will only be able to hold up legalization if other senators don’t work to speed up the process.

As The Globe & Mail points out, however, there aren’t enough Liberal senators to push the bill through. Marijuana legalization will rely on the support of independent senators (those with no specific political party allegiance) to meet the July 2018 deadline.

Hopefully, that will be the case. There are also eleven empty seats in the Canadian Senate right now, spots Trudeau could (and hopefully, will) fill with pro-legalization senators to ensure bills C-45 and C-46 pass in a timely fashion.
No one or No thing will stop this now, cat is way out of the bag, if the cons stop it, they will lose out big time come election time, big money is on the line. Not to mention greed is a mother fucker, wave a paper bag with a few hundred grand in front of a politicians face and watch them drop and say "spit or swallow" lol
 

gb123

Well-Known Member
it wont happen next summer...
and LP's will start to fall faster than fast.

Lets wager on it ..I don't want your shwag though or your buddies...fluff.. :)
Cash works just fine lol when is it pay day! July? summer?
maybe next year lol

no one is gonna buy 10 plus a gram SHIT! :hump::spew::blsmoke::bigjoint:bongsmilie:confused::hug:(:
 
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The Hippy

Well-Known Member
Seems a given it's gonna be delayed for sure...after maggot dancer back peddled the way he did.
Sounds good to me as it gives them more time to sit in their unsold stale schwagg they sell at stupid high prices.
If they intend to beat the BM into submission they better start being realistic about prices.
Or they all gonna fail....hahahahahahahaha
 

ANC

Well-Known Member
"I think we have to do our job properly, and that means months," said Claude Carignan, a Conservative senator and vocal critic on marijuana legalization.
SO what have they done in the meantime? What are they currently doing? They know this is coming up and what problems they have with it.
Are they acting proactively or are they going to wait until the last minute before staring these "studies"
 

VIANARCHRIS

Well-Known Member
It won't be delayed past August, and I'm guessing early July. It's only going to matter to the politicians anyway. For all intents and purposes, cannabis will be legal July 1st. There won't be a court in the country that will prosecute a personal cannabis charge after July 1. The cat is out of the bag and it ain't going back. Let the idiots in Ottawa figure it out, we're not waiting.
 

OldMedUser

Well-Known Member
The LPs are already getting contracts to ship tons of pot to places like Germany so a delay may not hurt them at all but allow them to establish overseas markets with the gov'ts approval when they cry poor me if re-legalization/Prohibition 2.0 doesn't pass as scheduled.

Then the BM will have to scale up to fill the gap and we're back to square one. What about the children!!!!!! :D

:peace:
 

gb123

Well-Known Member
The LPs are already getting contracts to ship tons of pot to places like Germany so a delay may not hurt them at all but allow them to establish overseas markets with the gov'ts approval when they cry poor me if re-legalization/Prohibition 2.0 doesn't pass as scheduled.

Then the BM will have to scale up to fill the gap and we're back to square one. What about the children!!!!!! :D

:peace:
REC not medical is being shipped..
No rec contracts will be shipped if it aint legal yet..no matter! They'd get put in jail for importing and illegal product!
its funny shit
 

gb123

Well-Known Member
Pessimism getting high in marijuana sector
Open this photo in gallery:


Medical marijuana plants are pictured in this file photo

Dave Chan/The Globe and Mail

Scott Barlow
Published 1 hour ago Updated January 4, 2018
For Subscribers
A roundup of what The Globe and Mail's market strategist Scott Barlow is reading today on the Web.

Skepticism on marijuana stocks is intensifying. Streetwise's Tim Kiladze wrote a stern warning for investors in the sector,

"Anyone desperate to invest in pot stocks should ask themselves two questions. The first: How much risk is worth it? An investor could double her money in marijuana, but she could lose half of it. Meanwhile, I bought more of a boring Canadian bank exchange-traded fund last August, and I'm already up 11 per cent, before dividends. I'll take that return over pot speculation any day. The second: What size return will be enough? Is 50 per cent in six months decent, or will the ride become addictive?"


The Motley Fool's Canadian site also picked Canopy growth as the best shorting opportunity in the domestic equity market,

"In spite of the company producing a quality product that customers want, the valuation that investors are paying is simply outrageous. Canopy has yet to show a sustainable profit alongside positive cash flow from operations. Essentially, investors are buying shares in the hopes that the huge demand from consumers will be enough to substantiate the valuation currently being paid."



June 21st will be legalization day...or sooner!

yer on Mr.. :)
 
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Farmer.J

Well-Known Member
Seems a given it's gonna be delayed for sure...after maggot dancer back peddled the way he did.
Sounds good to me as it gives them more time to sit in their unsold stale schwagg they sell at stupid high prices.
If they intend to beat the BM into submission they better start being realistic about prices.
Or they all gonna fail....hahahahahahahaha
Right now, the way things are going, if a guy could buy stocks in the BM, that's where the winner would be!
 
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