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Canadian Girl Guide sells out of cookies in under an hour after setting up shop outside a marijuana store
A 9-year-old Girl Guide sold out of cookies in under an hour after setting up shop outside a marijuana store on Canada's first day of legal sales.
Canada became the first G7 country to legalize marijuana sales nationwide on Wednesday. The country became the second in the world, after Uruguay, to legalize the drug for all adults. Canadians queued overnight to buy products and celebrated by smoking in parks.
One of the world’s largest stock brokerages is warning investors to steer clear of the ‘Wild West’ of legal marijuana stocks
"The marijuana and cannabis industry — sometimes referred to as the Wild West of investing — is littered with high-flyers, potentially over-valued companies, and even scams," TD Ameritrade said in a video.
Aurora Cannabis, one of the largest cannabis cultivators in Canada, is going public on the New York Stock Exchange as Canada legalizes marijuana. It joins Tilray, Cronos Group, and Canopy Growth on Us-based exchanges.
Marijuana is legal for adults over the age of 21 in 9 states, and medical marijuana is legal in 30.
It's legal to use marijuana in nine states, including California, Nevada, and Vermont, in 2018 — and more are expected to join them. Here's the full list of where you can legally light up.
Canada on Wednesday became the second country to officially legalize marijuana. Marijuana stocks were trading down by 2% to 7% ahead of the opening bell.
Canada on Wednesday became the first G7 country to legalize marijuana sales nationwide. Marijuana will be available to purchase either online or in retail stores depending on the province. The global financial community is eagerly watching.
Canada will become the first developed country to legalize recreational cannabis on Wednesday, but with mere hours left before the first sales are legal, many of the largest marijuana stocks were seeing red.
Check out our exclusive list of the top 12 venture capital firms making deals in the booming marijuana industry
Check out Business Insider's exclusive list of the top venture capitalists in the cannabis industry. These firms are signing the most deals — and they're showing no signs of slowing down.