KEY TAKEAWAYS

• Four years after cannabis legalization in Canada, a review of the policy change’s early successes and failures is now possible.
• The United Nations and United States have taken largely symbolic steps toward greater openness to medicinal and recreational uses of cannabis.
• Cannabis presents both potential medical benefits and health risks, but research in these areas is lacking.
• The international cannabis market continues to expand, and investors can respond in several possible ways. ISS ESG Sector-Based Screening can support investors as they determine their approach.