Canadian cannabis companies, trends, and data
First proposed and passed by the U.S. House of Representatives in 2019 and then passed again by the House on April 19 of this year, the Secure and Fair Enforcement (SAFE) Banking Act is intended to protect financial institutions that provide services to cannabis companies.
Canadian producers have destroyed millions of packaged cannabis products and hundreds of tons of unpackaged marijuana since adult use was legalized in late 2018, according to data acquired by MJBizDaily.
Kelowna, British Columba-based GTEC Cannabis Co. says it has received approval to graduate from the TSX Venture Exchange and now can list its shares on the Toronto Stock Exchange.
