A full-page ad in Tuesday's Wall Street Journal, framed as a plea to the White House, warns the U.S. pot industry is "rapidly losing" its competitive advantage to Canada. The challenge for U.S. firms lies in the fact that while recreational cannabis is legal in nine states and medicinal pot in 22 others, it remains illegal under federal law. The federal philosophy on recreational pot has been fraught with confusion since Trump was elected in 2016. Trump has since insisted, however, that the federal law would not be enforced in those jurisdictions. U.S. Customs and Border Patrol officials were set to hold a briefing later Tuesday on how they plan to enforce federal pot laws at Canada-U.S. border crossings.

Source: thestar October 16, 2018 18:56 UTC