After Canada legalizes marijuana, American CEO tells Trump to catch up in a hurry

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After Canada legalizes marijuana, American CEO tells Trump to catch up in a hurry

Post by *THE Ben Reilly* on Wed Oct 17, 2018 9:58 pm

A full-page advertisement in Tuesday's print edition of The Wall Street Journal sounded a siren of alarm to an audience of one.

"Dear Mr. President, We need your help!" the open letter to Failing Cheeto-Faced Ferret-Wearing Shit Gibbon began. "Canada is threatening to deprive American farmers, workers and businesses from the prosperity that rightly belongs within our borders."

That language could have applied to the U.S. and Canada's recent tug of war over the details of an updated trade pact. But CEO Derek Peterson, who authored the ad, was warning Trump of a different threat entirely: Canada's burgeoning pot market.

On Wednesday, Canada became the second country in the world to legalize marijuana, the fulfillment of a promise made by Prime Minister Justin Trudeau in 2015. But in the run-up to Oct. 17, Canadian cannabis companies have already struck multibillion-dollar partnerships and joined major U.S. stock indexes, while marijuana remains illegal at the federal level in the U.S.

Entrepreneurs like Peterson, whose company Terra Tech operates six stores in California and Nevada, say America must either catch up quick — or let its nascent cannabis market wither.

"If we wait two years, we're going to be way behind the eight ball here," he told CNBC in an interview.

https://www.cnbc.com/2018/10/17/canadas-legal-pot-sales-threaten-the-us-cannabis-market-ceo-says.html

Honestly, whichever large country legalizes it first is going to set itself up quite nicely.

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Re: After Canada legalizes marijuana, American CEO tells Trump to catch up in a hurry

Post by eddie on Thu Oct 18, 2018 9:25 pm

You know what I think about legal cannibis though? Will the big companies “water it down” in order to make a bigger profit?
I bet it will lose its strength and become like everything else that shops sell. Second rate. Like the apple.
Apples used to taste like apples now they taste like solid apple-flavoured water.

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Re: After Canada legalizes marijuana, American CEO tells Trump to catch up in a hurry

Post by heavenlyfather on Sun Oct 28, 2018 11:31 pm

eddie wrote:You know what I think about legal cannibis though? Will the big companies “water it down” in order to make a bigger profit?
I bet it will lose its strength and become like everything else that shops sell. Second rate. Like the apple.
Apples used to taste like apples now they taste like solid apple-flavoured water.

I read somewhere monsato are pushing for control of cannabis,who knows what they will do with it,I assume it will lose any healthy properties and become lethal.

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Re: After Canada legalizes marijuana, American CEO tells Trump to catch up in a hurry

Post by Eilzel on Mon Oct 29, 2018 12:14 am

eddie wrote:You know what I think about legal cannibis though? Will the big companies “water it down” in order to make a bigger profit?
I bet it will lose its strength and become like everything else that shops sell. Second rate. Like the apple.
Apples used to taste like apples now they taste like solid apple-flavoured water.

Which may or may not suck for cannibis users.

For me it brings in tax revenue, removes income from criminals and decriminalises a lot of people.

Wins all round for the most part.

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Re: After Canada legalizes marijuana, American CEO tells Trump to catch up in a hurry

Post by nicko on Mon Oct 29, 2018 7:21 am

Just make sure Soldiers on active duty don't take it .
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