The Business of Weed – October 15th, 2018

This week in the world of weed…

The Business of Weed is a weekly series brought to you by Jay Rosenthal, the Co-founder and President of Business of Cannabis, to keep you up to date on all weed-related news. Here are this week’s biggest headlines.

An Historic Day
After nearly 100 years of cannabis prohibition, this Wednesdays is the day that normalizes what most people do already – consume cannabis. The history of the day should not be overlooked, Canada is becoming the first G7 country in the world to legalize cannabis nationally for both medical and non-medical purposes. Our home and native land…

Don’t Get Too Excited…
Even though there may be legal places to buy cannabis – online everywhere and in shops in some Provinces this week – there may not be enough to go around. Several cannabis giants have already acknowledged that the supply they promised is not the supply they can deliver. Pro tip: order early on Wednesday…

A Canadian Tri-Fecta
The new Ontario Cannabis Store website was unveiled this week – and it is perhaps the perfect Canadian combination: a government agency (the people that brought you the LCBO), Canada’s e-commerce sweetheart (Shopify) and Canada’s largest and most successful cannabis producers (the LPs) – joining forces to create the largest, legal cannabis e-comm site in the world. We can all toke to that!