Canopy Growth Corp (WEED)

[JohnCM]

As Minister Lauterbach’s tweet points out, claims that cannabis consumption will spike post-legalization have not materialized in Canada, and it’s likely that any limited increase in reported use is more indicative of longtime consumers finally being willing to admit it to government data collectors.

Furthermore, youth consumption, which cannabis opponents seem to constantly try to make the focus of their fear-mongering propaganda efforts. has not increased post-legalization in Canada, and that’s per Canada’s Minister for Mental Health and Addiction.

Cannabis opponents will cling to the out-of-context talking point that the unregulated market still exists in Canada, however, knowing that 70% of cannabis sales have transitioned to the regulated market is obviously meaningful. That’s a massive amount of revenue that used to go to organized crime and now goes toward boosting Canada’s economy, including to funding projects that benefit non-cannabis consumers.

Legalization works. It is working in Canada, and it will also work in Germany and wherever else lawmakers modernize their jurisdiction’s cannabis policies in a sensible way.