• Legal marijuana could spark a $4 billion industry in Canada

    7 monthes ago - By CNN Mone

    Deloitte estimates that a legal pot industry in Canada would generate sales of up to $4.3 billion in its first year.
    Read more ...


  • Canada Is Set to Legalize Recreational Weed Today. Here's Why Marijuana Stock Investors Aren't Cheering

    7 monthes ago - By Fortune

    The emotions of weed smokers might be hitting new highs, with Canada expected to legalize recreational cannabis Thursday. But shares of marijuana companies that have much to gain from the change aren't as peppy.
    Though the Canadian senate is likely to vote in favor of legalizing recreational weed in the country Thursday, major marijuana companies are under pressure on the stock market.
    Shares of the five biggest pure-play medical marijuana firms in the space have shed a grand total of $1.1 billion in market valuation over the past 20 or so hours. On the Toronto Stock Exchange, medical...
    Read more ...