Why these ASX firms are shying away from the 'pot stock' label – theaustralian.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaustralian.com.au Daily Mail and Mail on Sunday newspapers.
Feb 6, 2021
The government wants to revise Japan’s Cannabis Control Law. Presently, growing or possessing marijuana is against the law, but because of a perceived increase in use of the drug among young people, the health ministry wants to make smoking and ingesting marijuana crimes, too. This may sound like splitting hairs How can you smoke weed without having it? but the proposal indicates the authorities’ strong resistance to trends in other countries to decriminalize and even commercialize the medicinal and recreational consumption of pot.
The official position is that marijuana is dangerous, despite the fact that little research has been carried out in Japan as to just how dangerous it is. This is also the case in the United States, where private use of marijuana has been gradually legalized at a local level. As pointed out in the 2018 documentary, “Weed the People,” now streaming on Netflix, marijuana is categorized as a schedule 1 drug at federal level,