• Symbol:
  • Last Traded: $
  • Symbol:
  • Last Traded: $

Legalized Marijuana In Canada Would Be Worth Up To $22.6B Per Year

The actual number will depend on how the government decides to regulate marijuana, and what price standards it sets, Deloitte says. Those are decisions the federal Liberals plan to announce next spring.

Canada’s pharmaceutical industry has been lobbying to be admitted to the marijuana game when it’s legalized. Shoppers Drug Mart, owned by Loblaw Co., announced earlier this week it has applied to be a medical marijuana distributor, a move likely preceding an expansion into recreational marijuana