Big Weed is on Board With Trudeau’s Marijuana Tax Plan

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Big Weed is on Board With Trudeau’s Marijuana Tax Plan

Flickr / Cannabis Pictures / CC BY 2.0

Canada’s biggest medical cannabis producers are seeing their stock prices rise after the federal government announced it’s one dollar per gram marijuana tax plan on recreational marijuana sales.

Shares of Canopy Growth Corporation, Canada’s largest cannabis company, rose by more than one percent, or 12 cents per share at the opening bell, continuing their upward swing since Ontario laid out a distribution and sales plan for recreational weed last month that is expected to largely benefit licensed-producers.

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