SEATTLE, WA / ACCESSWIRE / February 5, 2016 / Canada already has about 40,000 medical cannabis patients in a market worth between $80 and $100 million, but if recreational marijuana becomes legal, the market could be worth upwards of $5 billion, according to Dundee Capital Markets analyst Aaron Salz. With Justin...
Legal Weed Businesses Have to Figure Out How to Handle $6.7 Billion in Cash This Year Legal marijuana is the fastest growing industry in the United States, according to a new market research report, which found that state-sanctioned weed sales skyrocketed by 80 percent last year to more than $5 billion — and the...
© tweed.com Mark Zekulin, president, Tweed Marijuana Inc. Some of Canada’s biggest producers of medical marijuana want the federal government to implement advertising regulations similar to those that govern the sale of alcohol, as they await the Liberal government’s long-promised legal recreational market. A...
High Hopes : Legalized Pot is on the way Director of Quality Assurance Thomas Shipley prunes dry marijuana buds before they are processed for shipping at Tweed Marijuana Inc in Smith’s Falls, Ontario, April 22, 2014. By unlocking the once-obscure medical marijuana market, Canada has created a fast-growing, profitable...
Canada’s producers of medical marijuana are sitting on a seven-tonne stash of weed, with the inventory steadily growing as supply exceeds demand in the legal system, according to the most recent Health Canada numbers. Health Canada is currently studying 401 new applications for licences to produce cannabis for...
Legal marijuana could soon be a major revenue stream for Canada. A new report by CIBC World Markets says legalizing marijuana in Canada could create a $10 billion annual industry, as reported by Global News. Using Colorado’s legalization experience as a financial model, economists say Canada’s marijuana market...
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