Here's What Legalization Means for Cannabis Earnings This Quarter

Lester Mason
October 17, 2018

"I suspect they're not going to go gently into the night", he told AFP.

"Who else gets to be first to help ring in the end of prohibition?" Some are operating government-run stores, some are allowing private retailers, some both.

The provincial government has announced that British Columbians will be able to legally purchase recreational cannabis online starting tomorrow.

"All the years of activism paid off. Cannabis is legal in Canada and everyone should come to Canada and enjoy our cannabis".

"Recreational cannabis users in Canada. will just continue with their (existing) sources of supply until the legal system catches up".

Cheers went up inside the stylish, roomy Tweed location as Power and Nikki Rose, another St. John's resident, made their transactions at the stroke of midnight.

That's ultimately going to reflect across "Big Weed's" bottom lines, and as one who stresses the importance of financials, I couldn't be happier.

"We are just ecstatic", she said. "We're doing it because we know it's not good for our children", Mr Trudeau said.

But the waiting period and the $631 cost of applying for a pardon, known as a record suspension, have proven hard for some people saddled with records.


The first BC Cannabis Store will open in Kamloops at 10:00 a.m. tomorrow morning, October 17, after city council granted the shop approval this afternoon.

Clarke has been selling cannabis for over two decades, and said he wrote in his high school yearbook that his ultimate dream was to open a pot shop in Amsterdam.

The small business owner planned to make the first sale to his father.

It's unclear as yet if the new framework will succeed in undercutting the black market, as prices for illicit pot have plunged in the a year ago to an average of Can$6.79 per gram, and most sellers had planned to charge more.

The province says in a news release that keeping cannabis out of the hands of minors was a key consideration for the LDB when considering a third-party provider.

Law enforcement could also be patchy.

Medical use of the drug has been legal in the country since 2001, with the legislation meant to keep minors from purchasing the drug and profits away from dealers. The most populous province is working on its regulations and doesn't expect stores until next spring.

"Now that our neighbour to the north is opening its legal cannabis market, the longer we delay, the longer we miss out on potentially significant economic opportunities for OR and other states across the country", he said in a statement.

Other reports by Iphone Fresh

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