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U.S. multi-state operators are juicy takeover targets for Canadian companies. For instance, Smiths Falls, Ont.-based Canopy Growth Corp. has standing agreements to buy holdings in U.S.-based cannabis companies when federal legalization occurs in the U.S. So, as I said above, Facebook is going to be very difficult for cannabis companies, but edibles marijuana canada there are other platforms that make it easier for cannabis companies to have a presence. +1 403-265-4207 Your business may also need... Contributing original content and curating quality news on only the most promising cannabis companies and the most influential investors. The marijuana market is still at a nascent stage making it attractive to investors looking to derive exponential gains. Canada legalized marijuana for recreational use in October 2018 which drove Canadian pot stocks to record highs. However, in the last two and a half years, several cannabis stocks have grossly underperformed the broader markets due to a wide variety of structural issues.