CANADA SAYS YES TO CANNABIS

Business Today - - GLOBAL BUSINESS -

Canada has be­come the sec­ond coun­try to le­galise recre­ational cannabis af­ter Uruguay did it in 2013. It will give the le­gal weed in­dus­try a mas­sive head start in a global mar­ket es­ti­mated at $150 bil­lion. Med­i­cal mar­i­juana has been le­gal in Canada since 2001, but the first lot of cannabis com­pa­nies did not list on Cana­dian ex­changes un­til about four years ago. Af­ter that, about 140 pot com­pa­nies went pub­lic, with a com­bined mar­ket value of over $48 bil­lion.

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