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Home 🌿 Cannabis Technology News 🌿 Canadian Election Results Could Prompt Huge Opportunities for Cannabis Technologies 🌿Canadian Election Results Could Prompt Huge Opportunities for Cannabis Technologies
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The subscription service is currently unavailable. Please try again later.TAMPA, Fla., Oct 22, 2015 (BUSINESS WIRE) -- In a historic week for the North American cannabis industry, Canada elected Justin Trudeau as prime minister after his repeated campaign promises to legalize adult-use cannabis in the country—good news for Neutra Corp. and others marketing breakthrough technologies to assist producers of the plant.
With Trudeau taking over Canada’s top office and his Liberal Party forming a majority government in Parliament, the nation now appears poised to become the second country in the world after Uruguay to fully legalize cannabis, likely creating a new marketplace with the potential for billions of dollars in revenues annually. Legalization in Canada could soon spawn a boom in business opportunities for companies such as NTRR looking to expand into new markets.
“Canada is already well-positioned for a smooth transition into a quality, regulated, mass-market cannabis production system,” said NTRR CEO Chris Brown....
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