Top 10 Canadian Cannabis Stocks to Watch in 2019
On June 19, 2018, the Canadian Senate passed a bill to legalize recreational use of marijuana and the effective legalization date was announced by the Prime Minister as October 17, 2018.
Canada became the second country after Uruguay to legalize the drug.
From that date, under the Cannabis Act, persons of age 18 or older are allowed to possess up to 30 g of dried cannabis in public. Adults may also make cannabis-infused food and drinks so long as organic solvents are not used to create concentrated products. Individual Canadian provinces are able to set their own procedures for retail sales, and there is considerable variation from province to province.