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Changing of the guard in Ottawa could speed up cannabis industry growth: experts

Submitted by Marijuana News on Mon, 09/14/2015 - 08:45

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.

Liberal Leader Justin Trudeau distanced himself from Davies when asked about her posts, which included claims that marijuana can cure skin cancer and a link to an...

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Changing of the guard in Ottawa could speed up cannabis industry growth: experts
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