Canadas pot legalization is days away

Canada is preparing to legalize marijuana across the country on October 19th. This will make Canada the second country to do so, the other being Uruguay.

The conversation around marijuana has taken on a legitimacy like nothing seen before in the sector. A country in the upper tier of polished economies sitting on the same border of the United States screams pay attention to me or you will miss this opportunity. Canada legitimizing pot gives instant credibility to many of the small marjuana companies.

My father called me today to inform me of a stock thst he talked to me about this weekend tilray. He said this morning the marijuana companies stock was up $60 in the pre-market. He watched the stock go from $12 last month to $249 at this present moment. Thats a huge increase and a potential opportunity. Please dont look at this as finantial advice this is just my opinion.

Prime Minister Justin Trudeau election promise was to legalize cannabis. On October 17 2018 fresh or dried cannabis, cannabis oil, and plants and seeds for cultivation will be allowed. Edible products and concentrates will be legalized later.

Federal regulations will make the minimum purchasing age 18. In America you have to be 21 to drink legaly. I wonder if tge United States will follow in the footsteps of Canada on this.

So keep an eye on the developments of legalized purple haze. In New Jersey govenor Phil Murphy is looking into legalizing pot as well. The financial benefits to the state could help with the massive debt the state has, and funding the pension.

I think the time is upon us for investing into the cannabis market. Lets see what happens. Also take note of a company called cronos ticker symbol cron.

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