Will Canada be the next spot for cannabis tourism?
The Canadian prime minister has plans to make cannabis legal at the federal level in Canada. This means that very soon you might be planning your next 420 vacation in Canada.
While recreational cannabis is well on its way in many states in the USA, the weed is still illegal at the federal level, and this has posed problems for those who are working to build profitable businesses through marijuana. Many employees still have to accept only cash payments as banks refuse to make accounts for cannabis businesses, and the lack of federal support overall has stifled the growth of the cannabis market—which has done really well regardless.
Canadian prime minister Justin Trudeau has said that he will see cannabis for recreational purposes become legal on a federal level over there. This throws open the door to investment and growth. It also allows for less restrictive tax policies and banks can treat the cannabis industry as they would any other industry.
While the plans to make cannabis legal in Canada will be a great thing for cannabis tourism, the federal-level support that Canadian cannabis-industry workers and entrepreneurs will receive could put them at a distinct advantage economically over the USA pioneers.
While at this point recreational marijuana is still illegal in Canada, medical marijuana is not, and the Health Canada marijuana system is said to be one of the best in the world.
According to Alan Gertner, who is the CEO and co-fonder of Tokyo Smoke—Toronto-based high-end cannabis lifestyle brand, Canada currently has the most industrialized process for marijuana production in the world. Gertner explains that this puts Canada in a position where, with the repeal of marijuana prohibition at a national level, the country can build significant infrastructure, intellectual property, and brands much faster than anywhere else in the world.
Be sure to keep an eye out for new places to take your cannabis tourism to by checking out the listings on Bud and Breakfast.