How Marijuana Legalization in Canada can be Helpful to United States

United States’ neighbor to the north is fast moving toward legalizing recreational marijuana across the country, which would make Canada the second country in the world to do so. It may affect the future of pot in the US.

According to Oregon Rep. Earl Blumenauer, a member of Congress’, there are those who sometimes regard Canada as the 51st state. It would be an important signal about the movement coming of age. It will add to the critical mass. It would change the center of the law of gravity.

When Colorado voters legalized marijuana in 2012, it became the first jurisdiction in the world to manage and duty pot like alcohol. Simply by the time, the election was over in 2016, and eight states had legalized pot for adult use, and that covered a population more than double the size of Canada’s. Uruguay became the first country to legalize marijuana several years ago but has been sluggish in setting up a market. That means, while the United States has been high the trail, Canada will likely be taking the cudgel.

Some see that as a “missed opportunity, as Sam Kamin, a marijuana law expert at the University of Denver, Colorado, puts it.

In Kamin’s view, the merits America is missing away on include eliminating the costs, financial and private, of jailing people for selling and possessing weed; driving out the black market through competition, and giving people transparency about what they’re buying. Nevertheless going first could also give Canada leg up when it comes to the business of pot, drawing capital-flush traders who have been cautious to spend their money in the United States so long as the US government views cannabis as a drug on the same legal footing as heroin.

Some Canadian companies are already investing in the US marijuana market and looking to license products which may have become popular in the US, says Troy Dayton, CEO of ArcView Group.

According to ArcView, Americans spent $6.7 billion on legal weed in 2016, up more than 30% from the year before. Of course, if recreational markets come online as planned in places like Canada, California, and Massachusetts, that could more than 3 times in the next five years, in line with the company’s estimates. Canada continues to move forward “will create some market pressure for the U. S. to step up” in areas like innovation and investment as well as policy, says John Hudak, a weed policy expert at the Brookings Institution. 

There may also be costs to going first, as The state of Colorado knows well. The concepts, that Canada will likely learn while setting up the market for how and when it matters when rules differ among provinces that share borders will be ones that the United States can learn from, just as states like Oregon and Washington have experienced the advantage of learning from Colorado’s growing pains on issues like edibles. Canada’s own recreational marijuana job force consulted with California and Colorado to put together for legalization.