Trump Presidency Will Benefit Licensed Canadian Marijuana Producers

The recent U.S. Presidential election has given Canadian cannabis growers a big Trump card. Licensed producers of marijuana in the great white north are poised to dominate the global cultivation industry due to the victory of a Republican candidate.President-elect Trump has said that he is 100% in favor of medical marijuana and allowing states to decide on marijuana individually. However, the likelihood of Republicans removing pot as a Schedule 1 substance anytime in the near future is low. That federal apprehension means marijuana producers in the United States are subject to incredibly muddy waters when it comes to doing business. The legal swamp includes not being eligible for federal corporate tax breaks and not being permitted to export products across state lines, among other key issues.Meanwhile, in Canada, LP’s are preparing for the announcement of a fully legalized and federally sponsored recreational marijuana program. Prime Minister Trudeau has stated that official...



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