Police Made Arrests Earlier This Month During Store Raids In Toronto And Vancouver.

Marijuana Canada’s Liberal Government To Announce Cannabis Legalization By Next Month These are the Canadian cannabis shares that increased: Canopy Growth Corporation increased 11 percent; Aphria was up7.9 percent; Aurora Cannabis Inc. went up11 percent; OrganiGram escalated to10 percent; Emblem Corp rose slightly at 6 percentand Supreme Pharmaceuticals hiked to 6 percent. Aurora Cannabis Inc. shares, which was the highest to increase, skyrocketed to$2.48 per share. “It’s cementing Canada’s world leadership with respect to the cannabis sector,” Executive vice-president of Aurora Cam Battley said in a report Monday. “What this means is we can all plan, we can all invest, we can all start hiring and start building the world’s leading consumer cannabis system.” Under the new legislation, Canada’s federal government would control the amount of marijuana that flows through the country, but each province would be able to decide the price. Additionally, they would decide howit is dispensed and sold, the Canadian news network CBC reported Sunday. The minimum age requirement to purchase marijuana would be 18, but individual provinces wouldhave the power to raise the age requirement.If the legislationis passed,Canada would become the second countryto fully legalize marijuana for recreational adult use. It would be the largest, too. The legislation provided “investors with a greater degree of clarity and certainty of what the recreational marker could look like,”Canaccord Genuity analyst neil Maruoka said in a special report, according to a Tuesday report from Financial Post .”It’s introduction into the House of Commons should be viewed as a significant positive industry catalyst.” Trudeaureiteratedcurrent laws still need to be followed. Police made arrests earlier Medical marijuana this month during store raids in Toronto and Vancouver. Stocks increased in Canada after Prime Minister Justin Trudeau promised to legalize marijuana. Photo: Reuters Related Stories Everything You Need To Know, Right Now.

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