Legalizing marijuana in Canada has many business considerations, says lawyer

In one episode of HBO's hit show The Wire, Stringer Bell, the brutal head of a heroin drug cartel in Baltimore, insists that his meetings about the day-to-day operations of the "game" run in strict compliance with Robert’s Rules of Parliamentary Procedure, a book first published in 1876 that gives guidelines for fair and orderly meetings.

Indeed, Bell’s street corner pushers were required to be recognized by the chair before speaking.

At the time, the scene seemed outlandish. However, perhaps it was just ahead of its time.

Recently, the Canadian government announced at the United Nations that it will table legislation in the spring of 2017 to legalize the recreational use of marijuana.

This will create a cash cow.

If marijuana is legalized federally in the U.S., the industry will eclipse an estimated $35 billion by 2020. This is approximately three times the revenue of the NFL, according to a...

e-mail icon Facebook icon Twitter icon LinkedIn icon Reddit icon
Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.