O Canada! Will Legalization Of Cannabis Send Investment Higher? An Industrial Info Market Brief
O Canada! Will Legalization Of Cannabis Send Investment Higher? An Industrial Info Market Brief
Attachment: canada
Industrial Info is tracking 115 capital construction projects to build cannabis cultivation and production facilities. The $2.6 billion investment is scattered across the globe, of which the majority is in Canada. With medicinal uses already approved, the country is the first G7 nation to approve recreational cannabis. A good number of the planned projects - no matter where they are located - initially focus on medicinal production, but have allowed for the recreational aspect of the market in future phases.
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