From Dime Bag to Money Bags, Businesses Look Forward to Recreational Marijuana

Legalizing recreational marijuana could ignite a $22.6 billion industry in Canada, Deloitte says.

It's Sunday afternoon and Toronto's Centre for Social Innovation is packed full of marijuana enthusiasts perusing tables of goods.

Everything from marijuana-infused barbecue sauce to medicated body rubs is available at Green Market, where artisans peddle their various craft cannabis products.

Such events, which sell to patients and casual users alike, operate within a foggy regulatory environment. Selling marijuana is illegal unless you are a large-scale producer licensed under Health Canada's medical marijuana regime.

However, licensed producers are only permitted to sell dried cannabis flower and oils, in spite of a Supreme Court ruling last year that said Canadians have a right to access medical marijuana in all of its forms.

"We only carry products that are inaccessible in the current legal medical program," says Lisa Campbell, Green Market co-founder and a marijuana consultant at Mobile Revolutions....

e-mail icon Facebook icon Twitter icon LinkedIn icon Reddit icon
Rate this article: 
Region: 

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.