Fast news explainers for a world in flux. Every week, Bloomberg Radio's Charlie Pellett brings you the context, background and meaning for an issue, event or idea in the news.
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Fast news explainers for a world in flux. Every week, Bloomberg Radio's Charlie Pellett brings you the context, background and meaning for an issue, event or idea in the news.
Why the World Is Watching Canada's Pot Legalization
QuickTake
6 minutes
7 years ago
Why the World Is Watching Canada's Pot Legalization
All eyes are on Canada as it prepares to legalize recreational marijuana in October, becoming only the second country to do so after Uruguay. The pending change has touched off an investment boom and pushed up valuations of Canada’s cannabis producers. They’re enjoying a first-mover advantage as medical and recreational pot gain traction from the U.S. to Germany. Canada’s industry will also be the litmus test for whether governments can stamp out illicit sales, transfer billions of dollars in revenue to an emerging industry, generate taxes and create jobs. Charlie Pellet talks to Bloomberg's Jen Skerritt in Winnipeg.
QuickTake
Fast news explainers for a world in flux. Every week, Bloomberg Radio's Charlie Pellett brings you the context, background and meaning for an issue, event or idea in the news.
