Thursday, October 18, 2018

Cannabis in Canada--legal since yesterday

Here's yesterday's headline in The Globe and Mail:
Green dawn: The first day of cannabis legalization in Canada, from coast to coast

"From St. John’s to Vancouver, from Southern Ontario to the Far North, Canada’s nearly century-old prohibition on recreational cannabis lifted on Wednesday – and in Ottawa, the federal government is expected to announce how those convicted of possession under the old laws will be able to apply for pardons.

"Not everyone who wants to smoke up on the first day will be able to: Relatively few bricks-and-mortar stores are open, and in Ontario, the most populous province, online retail is the only option until physical stores get the go-ahead next year. Retailers are warning of shortages in the first few weeks, and at the production end, suppliers face formidable obstacles to catch up with expected demand."

Here's the story in the WSJ:
Cannabis is now legal in Canada, but pot companies expect a rocky start

"After nearly a century of prohibition, Canada became only the second country in the world, and the only member of the G-7, to legalize the drug for recreational use. Marijuana is officially legal in Canada.
"With little history or precedent for Canada to follow, the early months of recreational cannabis sales face ambitious timelines set by the governing party, a different set of laws in each of the country’s 10 provinces, and potential supply shortages as Canada’s federally licensed producers expand production.
"There are also a shortage of retail locations. In the country’s most populous province, Ontario, there are no bricks-and-mortar stores open on Wednesday, and won’t be for months. After a new government took power in a recent election, Ontario opted to sell pot online via a government-run store and allow private companies to open up stores on the ground. In Quebec, the second most populous province, there will only be a handful of stores around the two major cities, Montreal and Quebec City."

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