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Bloomberg: Cannabis Stocks Gain After Canada Legalizes

increase value

Cannabis stocks have been increasing in value rather rapidly over recent months, with stocks listed on Canadian and U.S. financial markets receiving boosts from the mainstreaming of marijuana. As big-time investors and major companies invested, or were reported to be eyeing potential entries into the market, investors of all stripes have taken notice. As Bloomberg reported,

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Will the Canadian Cannabis Market Be Bigger Than Previously Thought?

Canadian cannabis flag

New information last week from GMP Securities, an independent investment dealer based in Toronto, is leading analysts in Canada to suggest that the adult-use legalization market in the Great White North will be even greater than previously suggested. The new estimations also indicate that production will finally outpace consumption around 2020, leading to lower prices

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