Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana.
First, recreational marijuana is now legal in the state of Michigan. Of course, as we have discussed before, making marijuana legal is only the first step in setting up stores to purchase marijuana. In fact, the Chicago Tribune wonders if Illinois could legalize marijuana and set up commercial outlets more quickly.
Meanwhile, in Utah, another state that voted on marijuana in the recent election, the legislature has crafted a compromise law. Not everyone is happy about it, but with the approval of the governor, it's now the law of the land.
Speaking of the delay between legalization and availability, Arkansas voted to legalize medical marijuana in 2016. Growers are hoping to have product available this spring.
In foreign news, Mexico has approved over the counter cannabis products, while Luxembourg has released a proposal to legalize recreational marijuana.
A major tobacco company is looking to invest in Canadian marijuana. The stock of Cronos Group, the company that could be acquired, rose on the news.
Finally, not everyone in Canada is happy about legalization. Just because you can do something, doesn't mean you should.
See you next Friday!
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.