The sale of recreational marijuana legally began on January 1st in the Golden State of California.
Since then, marijuana companies have seen almost $2 billion added to their value as traders flocked to their stocks.
Many marijuana patrons waited in reportedly long lines outside of dispensaries in California on New Year’s Day.
On Tuesday, Canopy Growth saw a gain of 9%, Aurora saw a gain of 24% and GW Pharma saw a gain of 2%. Aphria moved 8%, MedReleaf moved 27%, and Cronos Group soared 5%. CannTrust also soared 5%.
People are now anticipating Canada becoming the second nation to legalize recreational marijuana this summer.
