Cannabis Industry Watching Election Closely

TORONTO — Medical marijuana producers are bracing for the possibility that Canadians could elect a new government this fall — a change that could accelerate the already breakneck pace of growth in the burgeoning industry and usher in new players such as tobacco companies and pharmacy chains.

“This whole election’s very interesting,” said Bruce Linton, the CEO and chairman of Tweed Marijuana Inc. (TSXV:TWD). “When you have a business that has the potential to see quite a lot of acceleration because of outcomes, you watch it more carefully.”

Marijuana became a hot-button issue in the election campaign on Thursday, when Joy Davies, a Liberal candidate in British Columbia, pulled out of the race because of posts she had made on Facebook about marijuana.

– Read the entire article at The Record.