Last week, Canada finally released its much-anticipated marijuana legislation, making it the second country in the world after Uruguay to legalize marijuana for recreational usage. This is an important moment in the development of cannabis as a global industry and we are all watching Canada take on this new challenge. At Surna, we like to stay up to date on everything cannabis-related and have been watching these developments carefully. Now that legislation has been presented, we’ve put together 5 things you should know about how Canada got here and what recreational marijuana will look like for the nation.
Each month, we publish a newsletter discussing a trending topic within the cannabis industry and how it shapes Surna’s philosophy. To be one of the first to receive this information, be sure to sign up for our email list.
Each month, we publish a newsletter discussing a trending topic within the cannabis industry and how it shapes Surna’s philosophy. To be one of the first to receive this information, be sure to sign up for our email list at the bottom of the page.
In Colorado this week, the first year of legally sanctioned cannabis sales since Prohibition began comes to a close. Of course, cannabis remains illegal at the federal level, but there is a vibrant market here in Colorado—and, in many ways, what makes this past year so notable is its lack of notoriety. For Coloradans who don’t participate in the cannabis market, life is not significantly different now than it was one or even five years ago. For those who do sell or consume, life tends to be a little bit better.
Republican victories across the nation may dominate the headlines, but the biggest winner of the 2014 midterm elections is cannabis. Oregon and Alaska, the two states considering recreational legalization measures, both voted to end prohibition, as did our nation’s capital, Washington, D.C. While voters in Florida clearly support medical marijuana (with 57.6% voting yes), patients there will have to continue to wait as Florida requires a 60% majority to pass a ballot initiative.
In late October, I had honor of attending The Infused Product and Extraction Symposium organized by The National Cannabis Industry Association (NCIA). The venue was elegant and the room was filled with suits that were surly containing very high-powered and business savvy professionals which now overwhelm the numbers of tie-dyed brothers and sisters of this industry’s rebellious past. To say that the air was saturated with the inspiring excitement of this innovative and prolific new industry would be an understatement indeed. From Dixie Elixirs to Eden Labs, this first-of-its-kind conference gathered the best and brightest in the world of cannabis oil extraction and product infusion to discuss the future of these practices and the rapidly expanding regulations surrounding their continuance. Here we’ll talk about why this side of the industry is here to stay, and walk up-and-coming entrepreneurs through the fundamentals of starting a successful business in this sector.