Yesterday our neighbors in the Great White North became the second country to fully legalize weed (Uruguay was 1st in 2013).
Under federal legalization there will be a regulatory framework and consumer tax of $1 per gram or 10%, whichever is higher.
This is good policy. New businesses will be started. Jobs will be created and provinces will generate tax revenues.
In today’s crazy world it’s nice to see at least one country getting things right.
Here’s a list of Cannabis related publicly traded equities. Do your own homework.
Kush is King. Long live the King.