In 2012, Washington and Colorado became the first states to legalize recreational marijuana. Since then, more states have followed. To date, 33 states have legalized the recreational or medicinal use of marijuana. Canada legalized recreational use nation-wide in October 2018.
The cannabis market has begun 2019 with a big rally following a horrible Q4.
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector.
Is there a safe way to invest in the marijuana industry?
A TMX Group spokesperson said Friday the company is in talks with Canadian securities regulators to discuss how to deal with Canadian companies with holdings in the U.S., where the drug is illegal.
U.S. investors in Canada's medical marijuana industry are betting they will not fall under the scrutiny of U.S. law enforcement officers - but it is a risky bet.