Global Ganja Report

Canada's largest licensed producer of cannabis, with globe-spanning operations, is shutting down two massive greenhouses in British Columbia, and laying off hundreds of workers. Industry observers call it a sign that infrastructure overshot the market in the post-legalization euphoria.

Cannabis has become a global industry, but obviously it is still limited by legal restrictions—and the fact that these increasingly vary from country to country further complicates things. Where is commercial cannabis going and where is it coming from? And how is this likely to change as the international atmosphere further liberalizes?

Media accounts mostly played it for laughs when a confused pot dealer cluelessly got into a police car outside Copenhagen's famous squatter community of Christiania on Dec. 21, apparently thinking it was a taxi-cab. The cops searched him and found 1,000 pre-rolled joints.

Copenhagen's city council voted on Nov. 17 to empower its social affairs committee to draw up a detailed plan to legalize cannabis. If the plan is approved by Denmark's new left-of-center parliament next year, the city could become the first to legalize the herb—rather than simply tolerate it, as police do in the Netherlands. Under the concept, approved by a vote of 39-9, the city would grant licenses to individual growers, and city-owned shops would then sell their crop to the public.