Canada to Release Expert Report on Legalizing Marijuana Tuesday

Will Canada Become First G7 Country to Legalize Pot?

Canada will release an expert report on legalizing and regulating marijuana Tuesday, the federal health department said.

The task force’s report will be released in the morning from Ottawa, according to a statement e-mailed by the department. The review ordered earlier this year by Prime Minister Justin Trudeau’s government is a step towards his pledge to regulate the drug’s use.

Canada is on a path to become the first Group of Seven country to allow recreational use, on top of its current legal system for some medical patients. The move has fueled a surge of growth in Canada’s marijuana industry in anticipation of billions of dollars of legitimate revenue. The value of publicly listed marijuana stocks has swelled.

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