Alberta Poll Shows Broad Support for Legalized Cannabis
Ryan Allway
September 15th, 2014
Policy, Top News
Canada’s Marijuana for Medical Purposes Regulations (“MMPR”) program has generated significant interest among both patients and investors, but the movement to legalize recreational marijuana could push the industry to even greater heights. While the country has been ramping up its anti-marijuana efforts, support for legalization among Canadians seems to be picking up steam.
In a recent Insights West poll, 52% of Albertans supported the legalization of marijuana, while only 42% said that they would oppose such a measure. Support for legalization was highest among men (61%) and residents aged 35 to 54 (57%) and lowest among women (45%) and residents aged 55 and over (47%). The support also comes despite the fact that only half of participants reported trying marijuana.
The Conservative Party has continued to attack Justin Trudeau’s stance on cannabis, while Health Canada has ramped up its anti-marijuana advertising campaign. Trudeau responded by accusing the government of fear mongering with its attacks on his legalization policy. In particular, he pointed to the fact that Canada houses the largest population of teen users despite prohibition efforts to date.
In the end, poll results continue to suggest support for legalization among citizens, which suggests that long-term changes to policy are inevitable. Politicians supporting the legalization of marijuana could eventually push reforms through the government given the improving public support, which could set the stage for greater long-term opportunities for investors in the space.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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