This essay delves into the legalisation of cannabis in Canada, examining its medical benefits, impact on the mental health of youth, and economic implications. It highlights how the Cannabis Act aims to regulate cannabis consumption, particularly among young people, while acknowledging the potential medical uses and economic advantages of legalising the industry. The analysis covers the Act's prohibitions, offences, and obligations, as well as its impact on reducing cannabis consumption among school students. Furthermore, the essay discusses the political and revenue benefits, such as increased tax revenue and the elimination of illegal market dealings, while also addressing concerns about the negative impacts on the mental health of the youth. The study concludes that the Act has successfully decreased cannabis consumption among young age groups and has brought about more benefits to the Canadian economy.