Various Regions Begin to Examine Cannabis for Medicinal Designations

NEW YORK, March 20, 2019 /PRNewswire/ — In the early twentieth century, cannabis was prohibited under the Marihuana Tax Act of 1937. Prior to that, cannabis was used as a medical remedy to treat maladies such as asthma, cough, migraine, insomnia, and opiate withdrawal. However, following the signing of the bill, cannabis was formally removed off the list of registered medicines. Nearly a century later, many countries around the world are advocating for the legalization of cannabis. In particular, many of those countries are moving towards the legalization of medical cannabis due to its therapeutic effects. However, countries like the U.S. and Canada are influencing others to consider recreational legislation as well. Countries such as Argentina, Australia, Colombia, Germany, Mexico, and Spain have all introduced cannabis legislation to allow for personal consumption and cultivation in regulated quantities. Moreover, large investments from both

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