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Showing posts from April, 2025

Study: Cannabis Use and Misuse in Canada (2025)

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Since the legalization of recreational cannabis in Canada in 2018, the landscape of cannabis consumption has undergone significant changes. Recent studies and surveys provide insights into current usage patterns, misuse rates, and the broader implications for public health. ​ Rising Cannabis Consumption According to the Canadian Cannabis Survey 2024, 26% of Canadians aged 16 and older reported using cannabis for non-medical purposes in the past year, a modest increase from 22% in 2018. Usage remains highest among young adults aged 20–24, with 48% reporting use, followed by 41% of those aged 16–19. ​ Daily or almost daily use (defined as 5 or more days per week) was reported by 24% of users, with males (26%) more likely than females (21%) to consume cannabis frequently Shifts in Misuse Patterns A longitudinal study conducted by researchers from St. Joseph’s Healthcare Hamilton and McMaster University analyzed data from 1,428 adults over five years. The study found that while c...

Chase Bank Open to Cannabis Industry Pending Federal Legalization

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  The cannabis industry in the United States may soon have a powerful ally in the banking world. Jamie Dimon, CEO of JPMorgan Chase — the largest bank in the U.S. — recently stated that the institution “probably would” work with marijuana-related businesses if federal laws change. This bold statement adds momentum to the ongoing conversation about cannabis banking reform and could reshape how the industry accesses financial services. The Federal Banking Barrier for Cannabis Currently, marijuana remains illegal at the federal level in the United States, even though it is legal for medical or recreational use in many states. Because of this federal restriction, most banks — especially large national institutions — refuse to offer services to cannabis-related businesses. As a result, many dispensaries and producers are forced to operate on a cash-only basis, posing major risks in terms of safety, security, and transparency. Jamie Dimon's statement reflects the potential shift that...