Pot fails to get Canada on a high
Legalisation of cannabis in the country has not led to anticipated windfalls
15 October 2019 - 17:13
Toronto — Pot legalisation was supposed to eliminate the black market, boost Canada’s economy and enrich investors. It hasn’t quite turned out that way.
A year after the country became the first major economy to legalise recreational cannabis, pot stocks have lost more than half their value, retail prices are nearly double those in the illicit market, sales are well below expectations and most companies are losing money...
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