Marijuana has only been legalized in some U.S. states. But the industry is growing like a profitable weed, with legal cannabis sales projected to reach over $11 billion by 2019. Could the Netherlands follow this lead and become the first E.U. country to legalize cannabis?
While the province of Newfoundland and Labrador has its key policies in place for recreational legalization and has secured a supply agreement with Canopy Growth Corporation (TSX:WEED) to provide cannabis for the province, it is now ready to hear from prospective cannabis retailers.
In the city of Detroit, the group Citizens for Sensible Cannabis Reform is weighing its legal options after Wayne County Circuit Judge Robert Colombo, Jr., overturned Measure B, a Detroit medical cannabis initiative aimed at relaxing local control on the city’s medical cannabis industry, on Feb. 16, 2018.
Connecticut lawmakers have put recreational marijuana back on the table — sort of. According to the CT Post, lawmakers are curious as to how they would successfully regulate the drug if it were ever to be legalized in the New England state.