Countries like Spain, Italy, and Colombia are likely the next growth opportunities for Canadian cannabis companies after a flurry of consolidation at home.
Italy is about to begin a national debate about legalizing marijuana, and one senior official is promising that, should the country forge ahead in regulating and taxing pot, it could be a blow to the Islamic State and the mafia at the same time.
Cannabis is going global fast – Italy’s Parliament just voted for a legalized, regulated cannabis market, Denmark’s youth is consuming cannabis in droves but it’s no gateway, and the United Kingdom just reached a record high number of supporters for legalization in the isles.
Italy's constitutional court on Wednesday struck down a drug law that tripled sentences for selling, cultivating or possessing cannabis and which has been blamed for causing prison overcrowding.