Canada: Why Dispensaries, Not Liquor Stores, Will Kill The Black Market
Ontario is working on regulations for the recreational marijuana market ahead of the federal government's plan to introduce a legalization bill in spring 2017. But one activist thinks the province's regulations could cost taxpayers a tremendous amount of money, while inadvertently keeping the black market for cannabis in business.
On June 18, the Toronto Star reported that Ontario's ministries of finance and health have struck a working group with the province's attorney general to draft a framework for regulations.
"We're guided by [the federal government's] commitment [to legalization], but at the same time we're having an across-ministry working group," Finance Minister Charles Sousa told The Star. "We've got senior officials involved. We've begun some research...in terms of what Ontario's approach should be."
He also said that marijuana dispensaries - illegal storefronts selling cannabis in cities like Toronto - won't likely be part of those regulations. According to the Star,...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin