This Is the Largest US-Based Pot Stock Listing in Canada’s History

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Big changes are afoot in the cannabis industry. In just a matter of days, Canada’s Senate is set to vote on bill C-45, which you probably know better as the Cannabis Act. If approved, and moved through the legal process in our neighbor to the north, Canada could become the first developed country in the world to have legalized recreational marijuana. Legal weed is big business in Canada. The green light for legal marijuana is expected to add $5 billion or more in annual sales, which comes atop what growers are already generating from medical pot sales and via exports to legal countries. This expected growth is what’s been behind the rapid appreciation in pot stocks since 2016. This Is the Largest US-Based Pot Stock Listing in Canada’s History

thumbnail courtesy of fool.com

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