The legalization of cannabis provides an opportunity to establish regulations to minimize potential harm. The danger of buying and using any illegal drug is that. Read the Alberta Cannabis Framework for more information. Under the presidency of Barack Obama, a critic of the U.S.-led drug war, the U.S.
government stopped enforcing federal laws and gave states the green light to explore alternatives. Legal marijuana has the potential for enormous benefits for economies at local and national levels. It could also help secure investment portfolios for investors across the country and elsewhere as well. While marijuana remains illegal federally, it's difficult for investors to capitalize on the industry's growth.
The number of marijuana-related companies listed on public stock exchanges is minuscule, and while investors have the option of working with OTC exchanges, many of the most successful companies in the field of legal cannabis were originally based in Canada or other countries. The change in the law supports the view of cannabis consumers as rational and capable of making responsible decisions. It confirmed the approach described in the Alberta Cannabis Framework and introduced legislation to enable some aspects of the framework. The Government of Alberta has the obligation and opportunity to actively determine how the province will adapt to the legalization of cannabis in a way that best suits the needs, circumstances and values of Albertans.
Mexico's new government plans to legalize recreational cannabis use, as does the incoming Luxembourg government. However, high taxes on production and rising prices by retailers created the conditions that guarantee the continuation of a thriving illegal cannabis market. If growth rates in the cannabis sector continue as they have in recent years, investors are likely to express strong interest in the industry. The more states legalize cannabis, the lower the cost of enforcement; if marijuana were legalized domestically, these costs would likely decrease considerably.
But it seems almost certain that more countries will change their approach to cannabis in the coming decades. Research shows that the illegal cannabis market is actually mainly composed of vendors and suppliers who have no link to organized crime. It is important to know that the quality of cannabis obtained from a retailer or friend is unknown and may contain contaminants such as mold or fillers that may be toxic. The negative effects of cannabis on the brain, for example, appear to be lower than the effects of some substances such as alcohol.
The exercise of moderation and discretion effectively prevents most consumers from developing problems related to cannabis use. Developing evidence-based cannabis policies requires the articulation of more informed and realistic harm reduction goals, as opposed to crime prevention and the concern to prevent its consumption by young people.