Recreational Marijuana Set To Be Legal In Canada October 17, 2018
Canada Marijuana NewsIndustryMarijuana Laws, Regulations, & Politics June 21, 2018 MJ Shareholders
Well Seed Investors,
It’s finally happening!
Canadian Prime Minister Justin Trudeau announced yesterday the official date for marijuana legalization in Canada, and that date is October 17, 2018.
After a tense journey through the Senate and House of Commons which saw the Senate make over 50 amendments, it was passed through the Senate on Tuesday.
Yesterday Trudeau announced the official date, giving the Provinces enough time to get their retail systems in place.
Vice has a nice breakdown of each Provinces plans here.
Stocks surged on the news as investors welcomed a confirmation of legalization.
It should be an interesting few months leading up to legalization for marijuana investors as companies finalize their plans.
The Seed Investor
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