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Sunday, 01/01/2017 1:10:02 PM

Sunday, January 01, 2017 1:10:02 PM

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6. Canada positions itself as first G7 nation to legalize Recreational:

http://mjbizdaily.com/year-in-review-top-10-notable-developments-in-the-marijuana-industry/

"Canada moved a step closer to fulfilling Prime Minister Justin Trudeau’s promise to legalize Recreational Marijuana in 2017 when a task force made more than 80 recommendations about how the Group of Seven nation should go about it.

In his bid to keep cannabis out of the hands of children and off the black market, Trudeau plans to introduce legislation in the spring.

Analysts estimate that by 2012[already passed this milestone], Canada’s legal adult-use Cannabis market could have some 3.8 million consumers and sales of 6 billion Canadian dollars ($4.5 billion).

Another report estimated Canada’s entire legal Cannabis industry could reach $22.6 billion."



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