The marijuana industry underwent a transformation like never before in 2018. Following nine decades of recreational cannabis prohibition, Canada's Parliament passed the Cannabis Act, thereby legalizing weed for adult consumption. In one act, marijuana went from being a somewhat taboo topic to a legitimate business model.
The big question is, just how big can the Canadian marijuana industry become? While that's a very tough question to answer so early in the legalization process, we can gather some idea from the peak production estimates of its largest growers. Though some marijuana growers have been forthcoming with peak projections, others have left quite a lot of interpretation up to investors.