ETFMG Alternative Harvest ETF (MJ)

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There are 30 states that have given the green light to medical marijuana, with the heavily “red” state of Oklahoma becoming the latest to send the smoke signals for sales. The industry is also witnessing nine of these 30 states give the go ahead for adult use of cannabis, including Vermont, which became the first state to approve recreational marijuana entirely through the legislative process in January.

The passage of Canada’s Parliament bill C-45 will allow Canada to become the first industrialized country in the world to legalize recreational marijuana and in doing so, add roughly $5 billion in annual sales.

If you’re an investor watching the marijuana industry grow, make sure to be paying close attention to this market especially during the next few months leading up to Canada’s time when the “switch is flipped” on for legal recreational marijuana retail sales at a national (and international) level.

https://smallcapreporter.wordpress.com/2018/08/14/canadas-big-boom-marijuana-stocks-to-watch/