Drake is reportedly making a sizable investment in the Canadian cannabis industry, along with other celebrities such as Martha Stewart, Snoop Dogg and Alex Rogan.

When Canada legalized marijuana, U.S. customs and immigration officials stated they could refuse entry not only to any person who uses or has used marijuana, but also to anyone who has invested or holds shares in a cannabis company.

It will be interesting to see how much difficulty these celebrities have returning to the U.S. after an engagement or doing business in Canada. I’m guessing none.

CBD is having prominent impact on global markets and regulation, as regulators move to use it as an alternative to traditionally prescribed medications.

Canada made headlines in 2018 after it became the second country in the world to completely legalise adult cannabis use. The country’s Prime Minister Justin Trudeau was a strong advocate for legalisation and ultimately, the country decided to pass new legislation and initiate legal adult-use in late 2018. As more CBD clinical results come out, they are having an impact on regulation around cannabis.

The regulation of cannabis vape pens in Canada arrives in the middle of widespread concern over an outbreak of serious lung ailments and deaths linked to vaping.

U.S. health officials have reported 1,299 cause of lung injuries and 26 deaths. In Canada, two confirmed and three probable cases of vaping-related lung illness have been reported as of Oct. 17.

Most of the victims in the U.S. had been vaping THC, the chemical component of cannabis that causes the high, according to the U.S. Centres for Disease Control and Prevention.

Vaping products containing THC, especially those purchased from illicit or informal sources, “play a major role in the outbreak,” according to the agency.

Ever since Canada became the first major country to legalize marijuana for adults a year ago, other nations have been paying attention.

The small South American nation of Uruguay was the first to legalize marijuana for adults. New Zealand, Luxembourg and Mexico are among those that have looked to Canada for guidance or lessons, while Russia has chastised it for its “barefaced” flouting of international anti-drug treaties.

Here’s a look at how Canada’s experiment is playing out internationally and where the next attempts at legalization are coming:

Canadian cannabis company Sundial Growers was hit with a class-action lawsuit in the United States over misleading investors ahead of its initial public offering in August.

The lawsuit, filed on behalf of investors who purchased Sundial shares during the IPO, is based on “allegations that Sundial issued materially misleading information to the investing public,” which refers to claims that a customer returned over half a ton of poor-quality marijuana to the company.

When you compare cannabis legalization in Canada to how some American states are going about it, you’ll realize that the quality and price of Canadian cannabis is nowhere near the same level. People often say “look at what Colorado and Washington are doing”, but Canada took an entirely different path.

Here’s why Canada’s legalization of cannabis was doomed to be a failure.

For the last few weeks, young and very sick people have been turning up at hospitals all over the country with troubling lung symptoms.

We recently reported that some state health officials have proposed that solvent known as Vitamin E acetate could be the cause of all this. Others have suggested certain brands and different ingredient combinations that could be responsible for the epidemic, but the CDC has yet to narrow it down to a specific product or additive for us.

The advancement of the SAFE Banking Act indicates it won’t be long before U.S. stock exchanges open up to cannabis listings, a potential blow to Canadian bourses that have carved a lucrative niche for pot.

The U.S. House of Representatives voted 321-103 last week in favour of the Secure and Fair Enforcement Banking Act, which would allow banks to do business with legal cannabis companies. Currently, the industry is forced to conduct many transactions in cash because of its lack of access to the banking system.

The bill now faces the more difficult hurdle of the Republican-controlled Senate, but most industry analysts believe a version of it will pass by next year.