This Major Marijuana Stock Is Eyeing Africa for Growth Opportunities

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This is the week the entire legal cannabis industry has been waiting for. On Thursday, June 7, Canada’s Senate will vote on bill C-45, likely approving it, and moving the Cannabis Act (as it’s best known) one step closer to becoming law. By sometime later this month, Canada could become the first developed country in the world to have legalized recreational marijuana. Should the votes fall as believed, adult-use legalization would open the door to legal sales beginning in August or September. In total, this legalization is expected to add $5 billion in annual sales to Canada’s weed industry, once fully ramped up. But, truth be told, the Canadian cannabis industry is looking well beyond its domestic borders for opportunity. This Major Marijuana Stock Is Eyeing Africa for Growth Opportunities

thumbnail courtesy of fool.com

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