Smoking a joint is not something everyone finds appealing anymore. Health warnings and widespread knowledge about the ill-effects of smoking have made people more fearful of the consequences.
Canada has seen American youngsters come across the border to party and drink legally since the drinking age is lower. The country is now expecting tourists to enjoy the legally available recreational weed, but it looks like federal officers may bust the party.
Canadian marijuana companies are now like the internet companies of the dot com era, the industry itself is seeing a boom and investors are rushing to put their money into the listed companies in the marijuana industry. But is it going to be a repeat of the dot com bubble?
Canada, which has long been known for its financial dependability and the presence of secure banks, has now become a location for marijuana growers and bitcoin miners to set up base.
The Canadian marijuana industry is one that is currently booming and hence receiving global attention. However, according to accounting experts, the industry has many accounting issues that its companies are not efficiently combating.
Marijuana legislation is not expected to be introduced until the spring of 2017 and experts anticipate that while they are now trying to stay as far from weed sellers as they can, banks will get more involved when the industry grows bigger.
Weed tech start-ups bloom, Vancouver based company aims to digitise the marijuana industry. A Vancouver based technology start-up is looking to change the marijuana industry with digital record-keeping and analysis.
Recreational marijuana has been legal in Canada for a short time now. Here is what the CEOs of four of the largest licensed companies dealing with cannabis had to say about how the industry is geared up for the process.