Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Delic Holdings Corp (DELCF) Message Board

British Columbia Moves to Decriminalize Possession

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 135
(Total Views: 219)
Posted On: 06/14/2022 4:58:00 PM
Avatar
Posted By: NetworkNewsWire
British Columbia Moves to Decriminalize Possession of Various Drugs

Last month, the province of British Columbia received permission from the federal government to decriminalize the possession of various drugs. This news from the province, which is home to roughly 5 million individuals, was announced by the minister of Federal Mental Health and Addictions, Carolyn Bennett.

The measure’s objective is to help alleviate the opioid overdose crisis, which has affected this particular province greatly. The new regulations, which will decriminalize the use and possession of illegal substances such as fentanyl and heroin, will come into effect on January 31, 2023. It should be noted that the sale and distribution of these illicit substances remains prohibited.

Under the new regulations, individuals found to be in possession of less than 2.5g of these illicit drugs will not be jailed. Furthermore, law enforcement will be required to offer information on addiction and health services to these individuals and how these services can be accessed, instead of seizing the drugs and arresting said individuals. However, suppliers of these illicit substances will continue to be arrested and prosecuted.

Stigma usually drives individuals to hide their drug use in fear of being shamed, often also avoiding healthcare. Many hope that decriminalizing the use of these illicit drugs will eliminate the shame, fear and stigma carried by individuals addicted to drugs and encourage them to reach out for help and treatment.

This approval comes after the province requested that the federal government grant it an exemption from the law that criminalizes the possession of a range of drugs. While the province’s government had initially asked for the limit to be 4.5g, the federal government granted them an exemption with a 2.5g limit.

The opioid epidemic has risen significantly in the province the last few years. Last year, illegal substances claimed the lives of about 2,200 residents. This figure represents a 400% increase in the number of individuals who lost their lives to illicit drugs in comparison to the figures recorded in 2015.

This move by the Canadian province is a step forward in helping end the global war on drugs. It is expected that British Columbia’s success may prompt other provinces in Canada to follow suit.

On a national scale, there is a measure supported by the federal wing of the New Democratic Party that would decriminalize the possession of most drugs in all of Canada’s jurisdictions. However, there is no indication that it may be approved any time soon.

With some psychedelic substances proving to be helpful in combating addiction, companies such as Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) could have a future role to play by developing formulations that can rewire the brains of addicts so that they break free from their harmful conditions.

NOTE TO INVESTORS: The latest news and updates relating to Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) are available in the company’s newsroom at https://ibn.fm/DELCF

Please see full terms of use and disclaimers on the PsychedelicNewsWire website applicable to all content provided by PNW, wherever published or re-published: https://www.PsychedelicNewsWire.com/Disclaimer





(0)
(0)




Delic Holdings Corp (DELCF) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us