Canada's Legal Pot Debut Greeted by Plunging Cannabis Stocks

Canada's Legal Pot Debut Greeted by Plunging Cannabis Stocks

Assessment

Interactive Video

Business, Performing Arts

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the market reaction to cannabis legalization in Canada, noting a drop in stock prices despite previous gains. Reporters provide anecdotal evidence from dispensaries, highlighting public interest. Analysts predict industry consolidation due to the large number of small companies. The focus is shifting from cannabis as a product to an ingredient, with potential in medical and recreational markets globally.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What comparisons did Scotiabank make regarding the cannabis industry?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What opportunities are cannabis companies looking for in international markets?

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