Weed investment boom sparks calls for City pot exchange

Legalising cannabis put Canada's stock markets at the head of a global "green rush"
Evening Standard (UK)
Tuesday, August 20, 2019

uk cannabis debate esCanada was once the centre of a gold rush, but now a "green rush" for cannabis is setting stock markets alight. As the world's most progressive country on cannabis legislation, Canada has become the centre of a weed investment boom that has caught the eye of entrepreneurs across the globe. Canadian cannabis companies have the lowest cost of capital in the world, because they have a monopoly on the billions chasing the industry. Legalising cannabis has helped Canada gain "first mover" status in the burgeoning industry and now some are asking whether London should follow suit and steal a lead over European rivals such as Amsterdam, Luxembourg, Lisbon and Berlin.