Trudeau Could Spark Huge Growth For Canadian Pot Companies
Justin Trudeau's Liberal Party pledged to legalize and regulate marijuana, which means Canada's marijuana companies could be seeing lots more green.By Grant Suneson | October 21, 2015
When Canadians overwhelmingly elected liberal candidate Justin Trudeau on Monday, the other big winner of the night may have been Canada’s marijuana industry.
"So the Liberal Party is committed to legalizing and regulating marijuana, controlling it in a way that is going to protect our kids and remove criminal elements from it," Trudeau said.
The day after the election, pot companies saw their shares grow anywhere between 7 and 40 percent.