Alberta’s moratorium on new cannabis stores is clobbering the fledgling retail industry, putting 1,800 jobs in doubt and possibly costing $13 million in wasted leases, say retailers.
It’s appropriate that 2019 kicks off with a focus on Aphria, the Canadian pot producer attacked by short sellers and now the target of a hostile takeover bid.
At the close of 2018, the U.S. Surgeon General Jerome Adams made a bold move, and called on the federal government to rethink marijuana’s classification as a Schedule I substance.
The Ontario government will accept entries next week from those looking to enter a lottery to apply for the first 25 retail cannabis licences in the province.