IT IS LEGAL! THE UNITED STATES HAS MADE IT LEGAL! Written by: Mc Dawn Certified Cannabis Therapy Consultant & Student Advisor at The Cannabis Holistic Institute
Cannabis is legal! The United States has made it legal! We can hardly wait for that day! It will become our national green holiday! Before the partying begins, we must do the following: Legalize cannabis at the federal level as a country. Establish federal cannabis laws, policies, and structure. Address diversity and equality, Review and release prisoners who have been charged with cannabis violations. Fair taxation policies. When it comes to cannabis legislation, the US does not need to waste a lot of time for no reason. It can take a cue from the Canadian government, which legalized cannabis in 2018. While Canada has not been perfect, it is doing a respectable job overall. Here is an overview of what has happened in the Canadian market in the past four years. OVERVIEW OF CANADA’S LAST 4 YEARS In 2018, cannabis became legal in Canada. Dispensaries opened and cannabis was being sold to consumers and consumers were demanding more cannabis. There were not enough dispensaries to meet the supply and demand, which led to a shortage of dispensaries in Canada. As a result, more licensed dispensaries opened in Canada, and there became gluttony of dispensaries in some areas. Canadian cannabis growers also overproduced the amount of cannabis needed for the market. The market became flooded with cannabis because of being unable to compete in the market. Price wars began amongst dispensaries, many dispensaries had to close their doors. The Product Cycle theory states that each product consists of four segments. Introduction of the product to market, growth of the product within the market, maturity of the product in the marketplace, and the decline in demand for the product.
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JULY 2022
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