Investors Lose Billions with Canadian Cannabis 

Investors Lose Billions with Canadian Cannabis 
Cannabis life network

Investors have lost billions investing in Canadian cannabis. That’s the latest data collected by the law firm Miller Thomson. Of the total 183 publicly traded licensed cannabis producers, they collectively lost $131 billion. Or, as one Redditor put it, High quality marijuana cost $7.69 per gram. It’s estimated that the average joint has 0.32 grams of marijuana in them. So one joint should be around $2.46. Therefore, $131 billion could purchase 53,252,032,520 joints. Canada’s population is 38.25 million. So each […] The post Investors Lose Billions with Canadian Cannabis  appeared first on Cannabis | Weed | Marijuana | News.

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