Ontario Moves Ahead with Plan to License Cannabis Lounges

As evidence to the shift in public perception of marijuana use, the Province of Ontario has announced plans to legalize Cannabis lounges once the country's Cannabis Act is passed.

Leading cannabis companies are already preparing for the increased demand including Canopy Growth Inc. (TSX: WEED) (OTC: TWMJF), MedReleaf Corp. (OTC: MEDFF), GW Pharmaceuticals (NASDAQ: GWPH), and MYM Nutraceuticals Inc. (CSE: MYM) (OTC: MYMMF).

For the past decade or so, Canada has had an extremely positive approach towards medical and recreational marijuana, and has been at the forefront of the push for legalization of the drug.

Having legalized medical marijuana in 2001 and currently in the process of doing the same with recreational marijuana, further news is emerging from its Provinces that are preparing for the significant changes in ...View the full post at: Ontario Moves Ahead with Plan to License Cannabis Lounges ...

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