Flickr / 401(K) 2012 / (CC BY-SA 2.0)
The Canadian government is moving quickly to legalize marijuana and, unlike the patchwork state-by-state approach unfolding in the U.S., Canada is set to make it legal nationwide by this time next year.
That has kicked off speculation of a green gold rush in Canada’s cannabis, a market that Deloitte estimates could be worth more than $22 billion annually.
It is an investor’s dream: a market where there is huge pent up demand not currently being met.
While it has been a long road to getting Hawaiian medical cannabis dispensaries open, the Hawaii Department of Health has greenlit the state’s third dispensary to commence sales, making Pono Life Sciences Maui in Kahului the second dispensary to open on the island of Maui.
On Sept. 28, 2017, the Michigan Department of Licensing and Regulatory Affairs issued an advisory bulletin announcing that the department would allow the stacking of medical cannabis class C cultivation licenses.
On Sept. 27, 2017, recording artist Wiz Khalifa threw out the first pitch for the Pittsburgh Pirates’ last home game of the season against the Baltimore Orioles and he took the opportunity to let the fans know that he supports the legalization of cannabis.
