In another sign the legalization of marijuana is spurring a seismic shift in Canadian society, the former head of the RCMP drug squad now runs a pot company.
From texting a local dealer to dropping into a neighbourhood dispensary or ordering online, Canada’s black market for recreational marijuana has seen significant changes in recent years and, no doubt, will see more as the country hurtles toward a new world of legalization next summer.
It’s high time individual investors have a diversified fund to quickly and easily invest in the so-called green rush and get a toke of America’s fastest-growing industry.
At least 200 would-be customers were lined up outside Rockville’s first medical marijuana dispensary Friday afternoon when one of the owners announced that a cannabis shipment — including elixirs, tablets and flowers — had arrived.
Cam Battley, a senior executive at Aurora Cannabis, quipped in a recent note to company colleagues that “we need to accelerate” mergers and acquisitions activity, because “we haven’t acquired any other companies in several hours.”
There may be a future for cannabis on Virginia’s farms, though navigating its legal status and crafting regulations are hurdles to contend with before the plant can provide any sort of economic boost.