Canadian Prime Minister Justin Trudeau introduced legislation to legalize recreational marijuana throughout the country, which plans to be in effect on Canada Day (July 1) 2018. Now, many experts have predictions for the Canadian marijuana economy as a result of the cannabis industry becoming legal.
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There’s a massive Canadian marijuana news story that we’ve been following for over a year here at Money Morning. The news could lead to the Canadian cannabis industry growing by 400% in just four years, and you can profit by getting in right now…
It is perhaps an overstatement to say that Big Tobacco is unhappy with weed becoming legal — after all, they claim that marijuana isn’t a substance that can act as a substitute for tobacco consumption.
Canada’s biggest medical cannabis producers are seeing their stock prices rise after the federal government announced a plan to levy a one dollar per gram tax on recreational marijuana sales.
Canada is proposing a federal excise tax on marijuana to help ease the path to legalizing the drug, Prime Minister Justin Trudeau said on Tuesday, drawing a cautious response from provinces that would oversee the process.
Since Justin Trudeau’s election, the Canadian cannabis space has seen significant growth both in public and private sectors. The industry is gearing up for its entry into the legal recreational cannabis market set to open up by July 1, 2018.
According to a press release from Health Canada in late May, big changes are coming to the country’s medical cannabis program.
Prime Minister Justin Trudeau promised marijuana legalization in his 2015 campaign, and he’s making good on that promise. However, Canadian executives, aren’t happy.
The most controversial thing about Canada’s move to legalize marijuana nationwide may be setting the minimum age for use at 18.
Three Canadian medical cannabis companies, which have been expanding their growth operations like crazy over the past couple of quarters, could be in line for significant sales growth if Trudeau’s legislation passes.
Prime Minister Justin Trudeau recently introduced legislation to legalize use of recreational marijuana in Canada. While legalization should help Canadian marijuana providers, could it also provide a boost to U.S. marijuana stocks?
Insiders with two of Canada’s largest marijuana companies are cashing in on the industry’s reefer madness before the country introduces its plans for legalized recreational pot.
While the potential market is huge, there’s just one problem. All of Canada’s marijuana stocks are so expensive that no valuation-based investor will touch them. Fortunately, there are ways investors can have their cake and eat it too. All you need to do is identify industries that will get a nice bump from legal pot.
Canadian Prime Minister Justin Trudeau’s government will introduce legislation to legalize marijuana by July 1, 2018, according to a report from CBC News, a move that follows through on one of his Liberal Party’s campaign pledges.
As investors flock to Canada’s burgeoning marijuana sector, Prime Minister Justin Trudeau’s government is signaling recreational pot sales aren’t imminent.
Reports continue to emerge of young teens overdosing and sometimes dying due to the use of drugs containing fentanyl, a potent synthetic opioid. Smoking pot is different than popping pills, but the risk for the government is that the lines might get blurred quite quickly in the eyes of parents who are trying to protect their kids from the current opioid threat.
Investors are incredibly excited about Canopy Growth Corporation. But we’re now looking at a situation where the stock has increased quite aggressively thanks mostly to the belief that the future is bright. And there are still many investors sitting on the sidelines wondering if they should consider this company.
Canopy Growth Corporation’s generating eye-popping returns for investors. However, there are risks ahead that could rein in some investor optimism.
Their position on marijuana is hardly the only difference between Canada’s prime minister and the president-elect of the United States.
MP Bill Blair says until legalization legislation is in place marijuana requires strict regulation and that current laws should be obeyed.
On Dec. 2, 2016, Canadian Prime Minister Justin Trudeau reminded Canadians that brick-and-mortar medical marijuana dispensaries are still illegal and should be prosecuted.
Health officials in Canada’s capital city want the federal government to restrict marijuana sales to individuals 25 and older as the nation prepares to legalize weed within the next few years, according to newly released documents.
Canopy Growth Corp. jumped to a record high, and other Canadian cannabis growers gained, after unveiling a line of marijuana products for the domestic market in a partnership with rapper Snoop Dogg.
A college in the Atlantic Canadian province of New Brunswick plans to institute a program on marijuana cultivation so that students can be trained to work at local companies that produce the drug, a school official said on Tuesday. The French-language College Communautaire du Nouveau-Brunswick will launch the course sometime next year, said Michel Doucet,…
Some analysts predict the legalized pot industry to be a $5 billion market in Canada alone. Thus, it is clear that a new and lucrative market is burgeoning.
If the commitment to combat climate change is credible and sincere it should also impact the government’s regulations with regards to cannabis cultivation.
Speaking Wednesday at an economic conference, Canadian Prime Minister Justin Trudeau made one of the more buttoned-down, straight-edged arguments for marijuana legalization I’ve heard in recent years.
Canadian Prime Minister Justin Trudeau, who has admitted to smoking marijuana in the past, said on Thursday he has no plans to light up even after his government makes it legal to do so.
In a number of states, the legal use of marijuana for recreational purposes is well on its way, but it remains illegal on a federal level.
WASHINGTON, April 4, 2016 /Weed Wire/ — Just weeks ahead of the highest-level review of the global war on drugs in nearly two decades, national legislators and activists from Canada and Mexico will join with US-based drug policy reformers to discuss marijuana law reforms.
A strong majority of Canadians agree with the Liberal government’s plan to legalize marijuana, and half of them feel users should be able to grow their own pot at home, a new Globe and Mail/Nanos Research poll has found.
Marijuana is a global issue, and it seems that despite international treaties and sanctions that vilify the drug, many countries are moving forward in attempt to embrace it.
During a press conference on Jan. 13, 2016, Canadian Prime Minister Justin Trudeau addressed two main reasons why Canada is pursuing recreational marijuana legalization: to protect minors from accessing marijuana and to squelch the black market’s marijuana revenue.
Justin Trudeau is the new Prime Minister of Canada. He earned that office after an election campaign in which the legalization of marijuana was, explicitly, a contested issue.