The cannabis industry is rapidly expanding, with the global legalization of medical and recreational cannabis. Though cannabis has been fully legal in Canada for some time, Canadian cannabis companies continue to struggle with profitability. Their American counterparts, on the other hand, have benefited from rapid legalization in many states.
Moreover, Canada is a smaller market than the U.S. The only thing that appears to be standing in the way of cannabis companies' full potential is federal legalization in the U.S.
