Welcome once again to my blog series.
Another week here with you sharing information and recent news. I’m very excited to see how the cannabis industry is becoming a trending topic around the world. Now days, there is less stigma around this magnificent plant and more acceptance, than ever before. The stigma of cannabis is becoming yesterday news. A fact is stubborn thing and I believe that finally people are waking up and realizing how powerful the medicinal properties of this plant are and all the benefits that it can bring. It’s beyond believe how such a fascinating plant has gone through discrimination and prohibition for so long.
These latest news compel me to mention Canada and Oklahoma. Canada made history recently legalizing recreational Cannabis. Next fall, this country is set to become the 2nd nation in the world to allow legal consumption of the plant for recreationally use. The Cannabis Act, passed by the Canadian Senate on June 21, controls and regulates the growth, distribution and sale of recreational cannabis in Canada.
Prime Minister Justin Trudeau made legalization of recreational use of cannabis part of his successful 2015 election campaign, arguing the new law would keep cannabis out of the hands of minors and reduce related crime.
These are great news! Don’t you think? According to Deloitte, the industry is expected to generate more than $6 billion for Canada's economy, with $4.3 billion coming from recreational sales and $1.7 billion from medical sales.
Now let’s take a look how the law was stablished:
1. Legal recreational cannabis will be sold in plain packaging with limited branding and health warnings indicating the products contain THC, per guidelines set out by Canada's public health agency.
2. Adults will be permitted to carry a max of 30 g of cannabis. Possession of over that amount in a public space (including one's own vehicle) will result in a prison sentence of up to five years.
3. Driving under the influence of cannabis will also be highly punishable, with $1,000 fines for a first offense, 30 days imprisonment for a second offense, and 120 days imprisonment for subsequent offenses.
Oklahoma voted to legalize medical Cannabis
Let’s not forget Oklahoma!. Voters on Tuesday elected to legalize medical cannabis, which makes the state the 30th to allow the use of the plant for medicinal purposes.
Oklahoma SQ 788 allows individuals 18 and older to obtain a medical cannabis license with a board-certified physician’s signature. Minors can get a license but will require the approval of two physicians and their parent or legal guardian. A new office in the Oklahoma State Department of Health will enforce regulations, including licensing for dispensaries, growers, and processors.
Despite the limited research, 30 states, including Oklahoma, have now moved forward with medical cannabis, when we look back, 2018 may be known as the year that cannabis legalization won.
Well, I really hope you are excited just as I am! As you can see our industry has grown so much that different governments around the world can see this astonishing opportunity for economy and health.
Since this new legalization of medical and recreational cannabis, businesses have been opening everywhere, creating new jobs within the health industry. Dispensaries and many other cannabis related business are now hiring employees with knowledge of the industry.
Talking about jobs, cultivation workers are the highest in demand and as more dispensaries open up, different positions like budtenders, edible chefs, store managers and even medical cannabis physicians are deperately need it.
As I mention on my previous post, at Pharmacology University we are more than glad to help you enter the cannabis industry with all the technical and theoretical knowledge essential to succeed. I really recommend for you to visit our website, you will find all the necessary information to enroll in one of our courses, this will help you take the next step.
If you have any questions don’t hesitate to contact us: (813) 420 7560
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