The Business Of Canada’s Growing Marijuana Industry
Why A Wall Street Model is Needed for the Emerging Industry to Succeed and Be Accountable
With a recent poll showing that a majority of Canadian’s want marijuana laws relaxed, the recent change in distribution laws makes it legal for any licensed company to grow and ship medical marijuana. While it is illegal for patients to grow their own, it is opening the door for dozens of new entrants in Canada’s marijuana industry, which could be worth as much as $1.2 billion within a decade.
Canada’s emerging Marijuana industry navigates though uncharted waters; in what could be this countries biggest business experiment of the 21st century.
What is the best way to insure a legal, fair and accountable business model for the ever changing and yet still un-tested industry?
Enter Wall Street Commodities expert Steve Janjic, CEO of Amercanex, the first fully electronic marketplace exchange for the cannabis industry.
He says the solution is a Wall Street like model to allow the industry to participate in exchanges to buy, sell, or trade inventories in a fully disclosed and transparent marketplace, while strictly adhering to the taxation, and the regulatory and reporting requirements.