Placeholder canvas

On New Year’s Day, California legalises the sale of Marijuana

Date:

California will launch the world’s largest regulated commercial market marijuana on Monday, as dozens of newly licensed stores catering to adults who enjoy the drug for its psychoactive effects open for business up and down the state.

It becomes the sixth US state, and by far the most populous, venturing beyond legalized medical marijuana to permit the sale of cannabis products of all types to customers at least 21 years old. With California and its 39.5 million residents officially joining the pack, more than one-in-five Americans now live in states where recreational marijuana is legal for purchase, even though cannabis remains classified as an illegal narcotic under US law.

The marijuana market in California alone, which boasts the world’s sixth-largest economy, is valued by most experts at several billion dollars annually and is expected to generate at least a $1 billion a year in tax revenue.

“Adding California to the regulated [recreational] market for cannabis is a really big deal,” said Heather Azzi, a senior attorney for the Marijuana Policy Project, an advocacy group working to liberalize marijuana laws. Uruguay became the first and only country to legalize recreational marijuana sales nationally, permitted through its pharmacies starting in July 2017, but is far smaller in comparison, with a population of just 3.4 million.

Medical patients can buy unlimited quantities, but must present a doctor’s note and have purchased a medical ID card.

The stage for Monday’s grand opening was set when voters passed a ballot measure in November 2016, Proposition 64, immediately legalizing personal possession and use of recreational pot by adults 21 and over.

But it has taken California lawmakers and bureaucrats over a year to devise a licensing, regulatory and tax structure for all phases of the commercial distribution chain.

California in 1996 became the first state to legalize marijuana for medical use, and more than 30 states have since done likewise.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

NewsMobile Morning Brief

2024 Lok Sabha Polls: Phase 2 Polling Underway In...

2024 Lok Sabha Polls: Phase 2 Polling Underway In 88 Constituencies | TOP UPDATES

New Delhi: The second phase of the 18th Lok...

IPL 2024: Patidar, Green, Karn Propel RCB To End Six-Match Losing Streak With 35-Run Win Over SRH

Hyderabad: Royal Challengers Bengaluru (RCB) delivered a collective team...

PM Modi Dials Italian counterpart Giorgia Meloni, Thanks Her For G7 Summit Invite

New Delhi: Prime Minister Narendra Modi had a telephone...