In the past five years, eight states and Washington, D.C., have legalized recreational marijuana for adults. Today, 68 million people live in areas where marijuana is treated like alcohol or tobacco. The drug is sold in stores, millions of tax dollars are being raised from its sale, and an increasing number of businesspeople are profitingRead More
In another sign the legalization of marijuana is spurring a seismic shift in Canadian society, the former head of the RCMP drug squad now runs a pot company.
From texting a local dealer to dropping into a neighbourhood dispensary or ordering online, Canada’s black market for recreational marijuana has seen significant changes in recent years and, no doubt, will see more as the country hurtles toward a new world of legalization next summer.
It’s high time individual investors have a diversified fund to quickly and easily invest in the so-called green rush and get a toke of America’s fastest-growing industry.
Cam Battley, a senior executive at Aurora Cannabis, quipped in a recent note to company colleagues that “we need to accelerate” mergers and acquisitions activity, because “we haven’t acquired any other companies in several hours.”