$IDVV The announcement by the Canadian Prime Minister sent the stocks of Canadian marijuana companies soaring because of investor frenzy. The marketplace for marijuana in Canada is estimated to be worth many billions of dollars per year. The expectation is that Canadians will pay a premium for marijuana and related products when they are able to purchase them legally. In comparison, the marijuana industry in the United States took in $9 billion during 2017.
Source:
CNN
https://www.cnn.com/2018/06/20/health/canada-...index.html
https://finance.yahoo.com/news/international-...00612.html
(0)
(0)
Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!