Cannabis has been prohibited for decades, but in the past few years, attitudes have started shifting. The U.S. has been one of the pioneer countries, with numerous states allowing either recreational use, medical use or both, and generating billions of dollars in sales. Canada hasn’t done so bad either, with the world’s largest cannabis company, Canopy Growth situated in Smith Falls, Ontario. However, one country that seems to have made quite progressive marijuana reforms while staying relatively under the radar is Argentina.
In 2009, the Supreme Court made a landmark ruling, the Arriola decision, declaring that personal use of small amounts of marijuana was legal. It was based on a case involving five people who were arrested for possessing small amounts of cannabis, and the court determined that as long as it is meant for personal use only, cannot affect or hurt anyone else and does not pose any harm or danger, small amounts of cannabis are not illegal. As the court stated, “each adult is free to make lifestyle decisions without the intervention of the state,” and in the meantime, the time and resources that would have been…
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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