When Will Marijuana Legalization in Canada Happen?
Recreational marijuana legalization in Canada was a key component of Justin Trudeau's 2015 campaign to become prime minster, and it appears he's making good on his promises for marijuana legalization and reform.
And if recreational marijuana is legalized in Canada, it will be a boon for the government and investors alike…
According to data from the Canadian Imperial Bank of Commerce, marijuana legalization in Canada could generate as much as $5 billion for federal and provincial governments.
With billions in potential tax revenue in mind, Trudeau began the effort to legalize recreational marijuana in Canada on Nov. 13, 2015.
Here's a look at the actions he has taken…
Canadian Marijuana Legalization Under Prime Minister Trudeau
Trudeau released a ministerial mandate letter (an outline of what the government needs to accomplish) to the public, an unprecedented move, according to Toronto news site thestar.com.
In the letter, Trudeau told his ministers they would...
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