Canada is the first industrialized country to legalize cannabis nationwide.
The sale of edible cannabis products will not be legal immediately. But that hasn't stopped Canadian companies from entering the market.
Respondents to the survey say they expect to buy cannabis more often and are prepared to pay more for the legal product.
CannaRoyalty has been on an acquisition spree focused on cannabis producers in the California market
Firm is planning to construct a 50,000-square-foot growing area capable of producing 13,000 kilograms of cannabis annually.
Canopy also announced Monday that it would acquire the remaining stake in BC Tweed, a large-scale growing operation in British Columbia formed through a joint venture with an undisclosed partner.
Tweed Collective’s website asks for interested parties to submit their do-good pitches in – you guessed it – 420 characters or fewer.
Earlier this week, CannaRoyalty closed $17.3M financing round.
Firm plans to raise $2.9M to purchase and fit-up a plot of land for cannabis production.
Company officials say their goal is to become the country’s No. 1 brand for female customers