Global Ganja Report

A ground-breaking British Columbia dispensary that has been operating for 20 years won a request for an "exemption" from the licensing requirements of Canada's Cannabis Act by vote of the Victoria city council. This municipal action is a challenge to the national crackdown on Canda's "gray-market" dispensaries.

A new study in Canada on cannabis and driving casts doubt on zero-tolerance limits for THC. The study's authors say that THC can indeed impair driving—but that applying laws designed for booze to marijuana is bad science and bad policy.

Bernie Sanders has released his plan for cannabis legalization, which features provisions to keep Big Tobacco from colonizing the new industry. But other exponents of corporate power are already getting a jump on the cannabis sector, and could just as effectively squeeze out independent operators.

With the legal cannabis market increasingly dominated by "Big Bud," more Canadians are turning to homegrown—both for reasons of economy and an ethic of self-sufficiency. And they are fighting in the courts and the public squares for their right to do so—challenging both the federal limit on plants per household and efforts by two provinces to ban homegrown outright. So far, they are winning. 

A showdown is shaping up in Vancouver, where the city's 420 event has always been held with no permit. This year it promises to be huge, with Cypress Hill headlining—and city authorities are pressing for cancellation. Organizers pledge to go ahead with the event—with approval of the bureaucracy or not.

As a commercial cannabis industry is established in Jamaica, more Caribbean nations are moving toward decriminalization and establishing medical marijuana programs. Saint Vincent & the Grenadines was the latest to take this move, and it looks like Saint Kitts & Nevis will be next. Dominica and Grenada are studying such proposals, and cannabis tourism is anticipated.

In a strange irony, Vancouver is shutting down its long-tolerated but unlicensed cannabis dispensaries, pursuant to a British Columbia high court decision upholding its right to do so—even as the province struggles to meet demand amid a dearth of licensed retail outlets.

From the "Tulip Mania" in 15th century Holland to the Bitcoin bubble of 2017, high hopes for a commodity's market performance can lead to unsustainable overvaluation inevitably followed by a painful correction. Many observers believe that cannabis fell prey to this phenomenon in 2018—but are hoping for growth in a more rational and realistic market in the coming year.