What Canada Marijuana Legalization Means for Investors in 2017
Canada marijuana legalization is the next big growth catalyst for marijuana stocks. That's because only 13% of the $6.7 billion in marijuana sales in North America in 2016 were from Canada.
But that will change in 2017…
As part of his 2015 campaign, Prime Minister Justin Trudeau promised marijuana reform in Canada. That's because the majority of Canadians want recreational marijuana use legalized.
In a poll conducted during the summer of 2016, 69% of participants either supported or somewhat supported legalized recreational marijuana.
Only 26% were opposed or somewhat opposed.
To keep his promise to reform marijuana laws, Trudeau created a marijuana task force in June 2016.
The task force submitted a report to the Canadian government on Dec. 13, 2016. In the report, it recommended marijuana laws be in-line with the...
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