Canada Weed Stocks Come Off High as Challenges Loom Before Legalization

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Canada Weed Stocks Come Off High as Challenges Loom Before Legalization

Flickr / GoToVan / (CC BY 2.0)

Canada’s weed stocks, which have surrendered some of the potent gains that pushed them to record highs this month, face a bumpy ride in 2018 that could purge smaller players, as the country moves to allow recreational use of cannabis in July.

Canada is set to become only the second country in the world, after Uruguay, to legalize the production, sale and consumption of recreational marijuana, and the country’s nascent weed sector has been on a tear in anticipation.

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