NICHE this Week: 5 Things You Need to Know

As you kick off the week, here are five things making news in the cannabis industry:

  • Nearly a year ago, Canada became the second country in the world – and the first developed nation – to legalize recreational adult use of cannabis. BNN Bloomberg takes a look at how the end of cannabis prohibition has fared in Canada.
  • The federal election is on Monday, October 21. These are the cannabis platforms – or lack thereof – for all of our major federal political parties.
  • ICYMI: The Société Québécois du Cannabis sold 27 tonnes of cannabis in the last 12 months and plans to double its number of stores by March. However, as the CBC reports, the Quebec government is now appealing a court ruling that allows the cultivation of cannabis at home.
  • “When [Health Canada] said you have to have a fully built facility before you could even apply, that really scared a lot of people.” Growth Op takes a look at some of the challenges facing small-scale growers and producers in Canada.
  • Food for Thought: Large players have gobbled smaller rivals and are dominating Canada’s legal cannabis industry, but small firms may be about to have their day in the sun. As Business in Vancouver reports, many entrepreneurs believe that when Canada legalizes cannabis edibles, drinks, concentrates and topicals in October, benefits will flow to smaller ventures. 

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