Will Canada’s Marijuana Industry Grow?
Justin Trudeau’s liberal administration is now displaying every intention of keeping its pledge to transform Canada’s cannabis environment. Aside from that, much remains uncertain, including the size of the Canadian marijuana market, the number of people it will hire, and the amount of tax revenue the state will receive.
Previously in early 2016, CIBC World Markets reported that legalized marijuana might become a $10 billion a year business, with the federal and state governments collecting $5 billion in tax revenue. The study concluded that, when …