Why the Canadian Marijuana Market Will be Smaller Than Investors Think

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Why the Canadian Marijuana Market Will be Smaller Than Investors Think

Flickr / Cannabis Culture / (CC BY 2.0)

Investors have been eager to enter the Canadian marijuana space as the country moves towards launching its recreational cannabis market next July. Despite uncertainty of the legalization bill’s fate in the Senate, the Canadian marijuana market is booming. M&A activity is heating up and stocks are rising, prompting speculation of a bubble.

But a new report contends that previous estimates of the market are overly optimistic.

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