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Canada Moves Toward Recreational Marijuana Legalization


Canadian Prime Minister Justin Trudeau’s new administration has recently released statements that offer concrete evidence that the nation may be moving toward recreational marijuana at a faster pace than previously thought.

The minister of public safety, Ralph Goodale, told Canadian CBC broadcasters that they are planing on creating a task force to discuss the topic. The task force will be comprised of multiple representatives from the provincial, municipal and federal governments. An official announcement is expected this weekend.

Publicly listed licensed producers, who are now supplying marijuana to patients with proven medical need, are taking this statement as very good news.  These licensed producers are now in the position to be the wholesale providers for a government regulated network of recreational marijuana. This is even better news for publicly traded Canadian cannabis companies.

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