5 Days & Counting – Final Preparations Made Before Cannabis Goes Legal In Canada

Small Cap Exclusive
Canada is just days away from becoming the 2nd and largest country in the world...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more


Vaccinogen Inc. (OTCMKTS:VGEN) is Attracting Smart M...
Goldman Sachs Group Inc. is Buying Retrophin Inc. (N...
WHSI stock price, is it time to buy or sell? Exclusi...

Canada is just days away from becoming the 2nd and largest country in the world to legalize cannabis.

The day is almost upon us. A day that has been anticipated by recreational users and investors alike as the last 3 months of build up have resulted in a massive boom for the green industry.

On October 17, Prime Minister Justin Trudeau is expected to make good on a campaign promise to allow for the growing, possession, and consumption of marijuana for recreational purposes a little over 5 years after the country of Uruguay pioneered legislation on the issue.

[thrive_leads id=’8276′]

Note: Derivative products such as edibles, cosmetics and e-cigarette products containing pot will not be allowed until 2019.

[thrive_leads id=’197′]

According to MedicalExpress.com, stats say that 5.4 million Canadians will buy cannabis in legal dispensaries in 2018—about 15 percent of the population. 4.9 million already smoke.

Legalization is expected to boost the Canadian economy, generating $816 million to $1.1 billion in the fourth quarter of which A $400 million tax revenue windfall is forecast as a result.

Key Takeaway: Legalization in Uruguay was a pioneering effort and was therefore largely ignored by the world stage. On the other hand, the world is now forced to closely watch and see how Canada proceeds. The long term fate of the green industry rests on what happens in North America’s most northern country. Expect growing pains, shortages, booms and busts as is expected when a brand new economy springs up overnight, but above all stay focused and use Canada as the example for what to expect if/when a 3rd country is to legalize cannabis in the near future.

Stay in the lopp :

Cinemark Holdings is Buying National Cinemedi...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), National Cinemedia Inc. (NASDAQ:NCMI) reported that Cinemark Holdings, Inc. has
Why ML Capital Group Inc (OTCMKTS:MLCG) Share...
ML Capital Group Inc (OTCMKTS:MLCG) shares soared 144.44% on Wednesday to $0.00220. The company has a market cap of  $2.94 million at 1.34 billion
Regen Biopharma (OTCMKTS:RGBP) Stock Resumes ...

The Regen Biopharma (OTCMKTS:RGBP) stock seems to have come into favor among many investors this week. Over the course of the past week,

related post

Skip to content