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Captiva Verde Wellness Corp C.PWR

Alternate Symbol(s):  CPIVF

Captiva Verde Wellness Corp. is a sustainable real estate company that also invests in sports and wellness opportunities. The Company has not generated any revenue from its operations.


CSE:PWR - Post by User

Bullboard Posts
Post by calicheon Nov 18, 2018 3:45pm
72 Views
Post# 28991724

US falls behind weed curve

US falls behind weed curve

With Mexico moving closer to legalization, the U.S. is increasingly looking out of step with cannabis trends.

This week, Mexico’s Congress is expected to begin deliberating a bill to legalize medical and recreational cannabis use across the country. President-elect Andrs Manuel Lpez Obrador signaled his willingness to consider legalization during the campaign. Then last week, the country’s Supreme Court ruled that anti-cannabis laws are unconstitutional, forcing lawmakers to decide how to regulate its use.

Lpez Obrador and Mexico aren’t alone in the push to decriminalize cannabis. Uruguay and Canada have already made recreational use legal, while 30 countries (and 33 U.S. states), including Australia, Germany and Israel, have legalized some type of cannabis use. Those numbers are growing. A dozen or more countries have started on the path to full legalization of the plant.

Spain and the Netherlands allow recreational use at designated cafes. Jamaica and the Czech Republic have burgeoning cannabis tourism industries, and have acknowledged them by starting to decriminalize medical use and possession of small amounts. After taking office last year, French President Emmanuel Macron followed through on a campaign promise to eliminate mandatory prison sentences for minor cannabis possession. Colombia and Portugal have strong grassroots legalization movements and growing government support. All these countries are often listed on “most likely to legalize next” lists.

 

 

Medical use is also growing fast. The U.K. legalized medical cannabis this month. The country joined fellow European Union members Malta, Luxembourg, Greece and Denmark, who this year changed laws to allow medical use and decriminalized some possession and cultivation by citizens. Thailand — which until now has boasted some of the world’s most stringent drug laws — last Friday became the first Asian country to legalize medicinal use of cannabis, while in July, South Korea started the process of legalizingmedical products.

As more and more countries legalize cannabis, the United States is falling further and further behind. The legal cannabis industry is expected to reach $146.4 billion worldwide by the end of 2025. U.S. companies and investors are mostly being locked out of that market because the federal government still classifies cannabis in the same category as heroin, LSD and methamphetamines.

YOU


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