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Today, Canada is making history as the retail cannabis market rolls out, putting an end to cannabis prohibition across the country. This monumental move by Canada is making waves throughout North America and around the world.

A driving factor of legalization was and is the fact that a regulated market has the potential to eliminate the black market and keep cannabis out of the hands of kids. This is just one of the benefits that Canada may see from the legalization of cannabis across the country.

All Positives Often Come with a Negative

While there are many benefits, there are also many hurdles that Canada is likely to face in the coming weeks, months, and years. Let's take a closer look at the benefits legalization stands to offer as well as some of the potential challenges that could be faced moving forward.

Benefits

Aside from the fact that adults in the country will no longer have to fear jail time for consuming a plant, there is a lot that legalization stands to offer. Here are a few!

  • A regulated market gives consumers access to consistent, safe product and it is this fact that leads many to believe that legalization in Canada will help to eliminate the illicit black market.
  • In states and countries where cannabis has been legalized, statistics show that it has not increased consumption by youth. In fact, it has done just the opposite. This is excellent news for those who have campaigned for legalization on the precipice that a regulated market is safer for children and communities.
  • With legalization also comes more access for cannabis research, something that is quite minimal at this time in the country due to the regulations that have prevented it thus far.
  • You can't ignore the fact that taxes on cannabis across the country could stand to bring in millions of extra dollars to communities in Canada each year.
  • Legalization could also help to influence the reform of cannabis laws in the United States, where at this time the federal government still classifies cannabis along with heroin, LSD, and ecstasy.

Potential Challenges

While there are likely hurdles that the industry will face that we can not predict, there are a few challenges that are almost inevitable. Let's take a closer look at two of them.

Regulations

Canada may have legalized cannabis for adults for recreational purposes when it comes to defining, and implementing regulatory controls, there are likely to be several challenges and changes in the coming years.

This is something that has been quite common in many different places that have also reformed their draconian cannabis laws.

Supply and Demand

Another common challenge that a lot of legal areas have faced is the balance between supply and demand. In some places, licensed producers have not been able to keep up with the demand and shelves nearly went bare.

In other places, however, there is so much ganja available from legal growers that they are selling it for pennies on the dollar and consumers are reaping the rewards with extremely low cannabis prices.

Finding a balance in this area is likely a challenge that Canada will face in the not too distant future as you can never accurately predict a market until there are stats to base those predictions upon.

From myself and the entire team at Roottie.com, CONGRATULATIONS CANADA for being on the right side of history by making this monumental change to cannabis laws in Canada and allowing adults to have safe, legal access to cannabis. Happy Legalization Day!

  Posted: Wednesday, October 17th, 7:00am a month ago
Profile PictureWritten By: Ashley Priest

Ashley is a freelance cannabis writer and the co-owner of CannaLance. Her passion for sharing education and truth surrounding cannabis stems from a personal loss. Ashley has always had an elevated relationship with cannabis but it wasn't until 2015 that she turned that passion and relationship into a career as a cannabis writer.


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