Under the legislation, adults 18 and older will be allowed to possess up to seven grams of cannabis and cultivate as many as four plants for personal use. Up to 50 grams of homegrown marijuana can be stored at home.
While there won’t be a commercial market per se, non-profit cooperatives will be able to cultivate marijuana and distribute it to members.
Possession of more than seven grams but less than 28 grams by an adult will be punishable by a €50 to €100 fine without the threat of jail time or a criminal record. Minors who are found in possession of cannabis will be referred to a commission for justice for a “care plan,” rather than face arrest.
Cannabis clubs that are authorized under the law can have as many as 500 members and will be limited to distributing seven grams per day to each member, with a maximum of 50 grams per month. They can also distribute up to 20 cannabis seeds per member each month.
The framework that has been made for now is facilitating the community utopia for growing and consuming cannabis. With the wave of cannabis legalization, the cannabis industry is having tremendous tailwinds. This makes Cannabis hold a prominent place in the consumer packaged goods industry for a few decades to come.
Malta by its demographics is and will remain a small consumers market in all sense compared to countries like the USA, Canada, Germany. Singapore has proven that size is not of much prominence in the globalized world. Malta has a unique geographical advantage to be a mature transactional territory when it comes to Cannabis before the American and European nations connected by the Atlantic Ocean develop in this regard.
There are a lot of points to be taken from the depth of detail of Canadian Cannabis Laws for Promotion, Packaging, and Labelling, Selling and Distributing, Commercial Licences and Permits, Cannabis Tracking System, etc. For Canada, these laws are primarily made to facilitate the production and sale of cannabis within the country and then to other nations where it is federally legal. For Malta, the same heads could be used to create detailed, clear, and facilitating rules for driving tourism and export proposals as the EU member nations may soon follow cannabis legalization subsequently.
The suggestions represented by me are very subjective to my perspectives and understanding of industry broadly. The dry flower has become a commodity and requires a lot of physical resources and space. Malta could focus on incentivizing the activities related to R&D, extraction, manufacturing finished forms, and digital ventures like online marketplaces for global name patient programs in medicinal Cannabis space, etc.
I would restrict going into the details but like to see Malta extracting the most from the cannabis value chain by bringing in Foreign Investments from MSOs, LPs, established pharmaceutical and consumer goods companies.
I congratulate Malta, the smallest member nation of the European Union that has beaten out several other countries in the region where legalization could also soon be enacted.