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The marijuana industry in California is projected to reach $7 billion in the coming years, eclipsing the nation’s entire legal cannabis market in 2016, which amounted to $6.6 billion.

Despite the legalization of marijuana in more and more states, federal agents aim to hinder the expansion of the weed industry. 

More than Maple leafs

 11/22/2016 - 15:17
Cannabis Station, a medical marijuana dispensary located at the intersection of Lawrence Street and 20th Avenue in Denver, Colorado. The shop occupies a former gas station. JEFFREY BEALL / WIKI COMMONS

Last week, marijuana stocks in Canada skyrocketed suddenly, despite evident indications that the government plans to go slow in its promise to legalize recreational marijuana use (scheduled for next Spring). The increases may have gotten a boost from pot legalization votes in four U.S. states, Colorado and Oregon. In Canada, marijuana comes under federal jurisdiction, unlike in the United States, where regulation is shared by the states and federal government.