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This has been a year of big changes for the marijuana industry. Namely, our neighbor to the north passed bill C-45 on June 19, which also is known as the Cannabis Act. It will allow Canada to become the first industrialized nation in the world and second, overall, to legalize recreational marijuana for adults. As you may have guessed, the possibility of adding $5 billion in annual sales has caused quite a stir with growers and investors. Canadian growers have been expanding their capacities as quickly as their balance sheets will allow, while investors have pushed marijuana stock valuations into the stratosphere on the expectation of strong top- and bottom-line growth. No one can argue against the idea that Canada’s legalization is groundbreaking or could create a lifetime of wealth for select investors. 3 Marijuana Stocks With Strong Ties to California

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