is turning a new leaf, our friend's to the north have set forth measure's towards the legalization of cannabis nation wide. Prime Minister Justin Trudeau
and his governing bodies' will introduce legislation on April 10th, 2017 with the hopes of legalization beginning July 1st, 2018
. Canada is made up of 10 provinces and 3 territories
. The federal government will work with these territories and provinces to build a frame work and create specific regulations.
Not only does this casted stone have a great ripple effect for the future of cannabis worldwide. It also has a multitude of great financial possibilities. Two Canadian companies on the market: Canopy Growth Corp
and Aurora Cannabis Inc
both shared 11% gains intraday in Toronto on Monday after the releasing of this news, This on top of the increasing drove's of investor's and player's trying to get into the market before it potentially booms has created a frenzy. There is optimism that Canada cannabis market could reach 6 billion
annually by 2021. We will keep an eye on what's going on in Canada as time progress's. It will be interesting to see how close they get to their hopeful deadline. "We will take as much time as it takes to do it right" said Bill Blair, the secretary to Canada's Justice Minister.
I would also like to add that NOW
is the right time for our northern neighbors to contact UniversalCO2
and start working together so that we can ensure their grow's are fully optimized and that they hit the ground running. Please check out our website UniversalCO2.com
and feel free to call 720.630.8933 or email us email@example.com
with any questions.
Good Luck and God Speed. Oh Canada