Everything You Need to Know About Marijuana Legalization 2.0
Last year, Wall Street and investors witnessed history being made many times over. In the U.S., we observed additional states legalize medical marijuana, pushing the total number of states to have given the green light to cannabis in some capacity to 33, and saw the Food and Drug Administration approve the very first cannabis-derived drug. Meanwhile, Canada became the first industrialized country in the world to approve the sale of recreational weed in October.
HIGHLIGHTS
- When Canada “legalized” Cannabis in October 2018. only dried cannabis flower, cannabis oil, and sublingual sprays were allowed for sale.
- Derivatives will officially go on sale in licensed dispensaries by mid-December.
- Derivative products come with significantly higher margins than dried marijuana flower.
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