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New Zealanders to Vote on Legalizing Marijuana for Recreational Use in the Next General Election

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New Zealand marijuana

Finally, the decision to legalize marijuana in New Zealand has been placed on the country’s citizens. It means that New Zealand will become the first Asia-Pacific country as well as the only third across the globe to legalize pot.

Where the Journey Started

After the general election in 2017, the supply and confidence agreement between the Green party and the Labour party included the obligation for the government to have a referendum on cannabis law reform. The story was to legalize the personal use of cannabis.

The Chance has been Finally Given

After a discussion by the cabinet ministers, New Zealanders will finally have a chance to vote on legalizing cannabis in a referendum in the next general election.

According to Justice Minister Andrew Little, the referendum will be binding, as in to directly lead to the establishment of a legal cannabis market once approved.

How to Vote

The referendum will be carried out alongside the general election and voters will be asked a Yes/No question on legalizing the drug. Several other conditions are included in the draft law; they include:

  • 20 year should be the minimum age of purchasing and using cannabis
  • No advertising of cannabis products
  • Commercial supply controls that limit the use and sales of cannabis to licensed premises
  • A public education program
  • Home-growing as well as cultivation options to be limited

Things can change

It has been clearly stated that the voting will be binding simply because all the parties making the current government have agreed to respect the outcome. However, it’s not yet clear how fast the laws may soon be changed.

The general election is stipulated to take place in November 2020 which means even if a majority of voters agrees to legalize marijuana; it will be the new government to consider passing the legislation.

Interestingly, the opposition-National party is yet to confirm as to whether it’ll honor the referendum or not.

New Zealand’s Current Laws

Currently, in New Zealand, possession of any amount of marijuana is illegal. It is currently controlled under the Misuse of Drugs Act 1975 with a maximum sentence for possessing it being imprisonment for not more than 3 months or $500 fine.

Cultivation of marijuana has a maximum penalty of 7 years imprisonment and dealing of cannabis counts for 8 years imprisonment. However, there’s an exception of prescription of medical cannabis with patients required to meet some specific criteria.

High Chances of Legalization

There have been several polling organizations that have taken opinion polls as well as surveys relating to the legislation of cannabis. The numbers suggest that there’s an increasing number in the country ready to get marijuana legalized.

For instance, it’s the most commonly used illicit drug in the country with over 80% of the nation’s folks above 21 years already tried it, and 10% using it regularly.

If New Zealand goes on to legislate cannabis, it will become the first Asia-pacific country to do so alongside Thailand that’s trying to enter into the arena. Canada, as well as some European countries like Spain and the Netherlands, have already legalized recreational. And of course, let’s not forget the U.S. states.

Photo by Ketan Kumawat from Pexels

Cannabis News

Why Buy From Marijuana Seed Banks?

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marijuana seed banks

If you’re interested in growing marijuana and live in a state that allows its cultivation, then you might want to consider buying seeds from seed banks. Some of the best cannabis get cultivated outside the country, which means that, sometimes, you have to find a seed bank that ships to the US. 

There are a lot of options when it comes to sources for marijuana seeds online. However, not all of them can ship to the US due to strict regulations in the country. Thus, it’s best to find a legit seed bank that can process orders from United States customers.  

Avoid transacting with other sources aside from seed banks. If you do so, you run the risk of receiving low-quality products, wasting your money in the end. Look for a company with positive feedback and has a proven history of dealing with US customers. Some of the most popular ones include Seedsman and I Love Growing Marijuana (IGLM). You can check out GreenBudGuru’s Seedsman review and their review of other companies to find the best fit for your needs.

If you’re looking to get your seeds online, below are some reasons you should buy marijuana seeds from a trusted and reliable marijuana seed banks.

You Don’t Have Any Other Option

As mentioned above, some states in the US still don’t allow local buying and selling of marijuana, even if medical marijuana consumption has already gained momentum. If…

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22nd Century Group Inc (NYSE:XXII): 3 Reasons You May Want To Buy The Stock This Month

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NYSE:XXII

The tobacco industry is huge and growing. The cannabis industry is already booming yet it is only in the early stages of development and the future looks incredibly bright as more countries legalize pot. 22nd Century Group Inc (NYSE:XXII) is the stock that offers investors the chance to own the best of both tobacco and cannabis worlds.

The stock currently trades at $1.00/share. But that is not where it belongs as that is its lowest watermark. As recently as September, NYSE:XXII was trading above $2.40/share.

About NYSE:XXII

For investors who may have just come across 22nd Century Group for the very first time, here is a brief profile of the company. 22nd Century Group is a plant biotechnology company and a leader in tobacco harm reduction. It has also set its sight on the legal hemp and cannabis industries. In the tobacco space, NYSE:XXII has developed a low-nicotine tobacco plant variety. In the hemp/cannabis space, the company is working to develop hemp and cannabis plants with specific desirable qualities.

If you are looking to have a footing in both tobacco and cannabis industries, here are three reasons you may want to buy NYSE:XXII.

  • 22nd Century Group on track to take control of CBD products maker Panacea Life Sciences

On December 3, 22nd Century…

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Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) Tumbles 90%: What’s Behind The Dive?

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TGODF

A nearly 90% pullback from its all-time highs has brought Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) down to its record lows. The selloff in TGODF comes as Canada’s regulated cannabis industry struggles with a number of headwinds.

First, Canadian authorities aren’t approving the opening of new cannabis retail outlets fast enough. For instance, in Ontario, Canada’s most populous province with a population of more than 14 million people, there are just 24 cannabis shops. That means that while there is demand for cannabis in Canada, the shortage of shops, getting the products to customers remains a major challenge. In turn, that limits sales for cannabis producers like TGODF.

In addition to the shortage of cannabis shops, black market is another headwind that Canada’s regulated cannabis businesses like TGODF have run into. Experts estimates that black market accounts for 86% of cannabis sales in Canada, thereby chocking the regulated market.

In response to the sluggish development of Canada’s regulated cannabis market, which is caused by shortage of cannabis shops, TGODF has decided to slow down investment in its production capacity expansion.

Slowing down capacity expansion will see TGODF cut back on spending. In turn, the company expects this move and other actions in plans to take will reduce its cash burn and  set it firmly on the path to profitability in the near-term.

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