Join date: Oct 12, 2022


You are using an outdated browser. Please upgrade your browser to improve your experience. The federal government launched a long-awaited review on Thursday of how legalizing marijuana has affected the health of Canadians, the domestic cannabis industry and the black market. Cannabis : record suspensions are granted by the , Parole Board of Canada (PBC). Applications are available online. Applicants must provide the following documents and pay any associated fees: In July 2015, the Supreme Court of Canada found that restricting legal access to only dried cannabis was unconstitutional. In response, a new system was put into place called the Access to Cannabis for Medical Purposes Regulations (ACMPR) in August 2016. It clarified some of the licensed producers’ (LP) responsibilities and roles, including being able to provide other cannabis marijuana indexWith a return of 48.5% over the 12-month period ending February 28, 2019, net of fees, SEED is the top performing equity ETF out of 504 equity ETFs listed on the SP/TSX*. Its performance during the same period , is more than double that of the North American Marijuana Index which returned 22.6%. For those that don’t know , ETFs or exchange-traded funds track an index, a commodity, bonds, or a basket of securities. In particular, ETFs are in many ways like mutual funds but they trade on an exchange like a stock. At the present time, there are a few marijuana ETFs that are available for investors. In many cases, these cannabis ETFs focus on a specific area of the cannabis market. If weed grows anywhere near as popular in the coming years as is expected, MSOS will be in a unique position to reward shareholders. Which is why this is one of our favorite marijuana ETFs to consider investing to apply for a cannabis retail license in ontarioReceive priority invitations to relevant webinars and events Profit can vary, but I tell clients they may an average gross sales of $500,000 to $1 million per store. Some clients have had annualized sales closer of $7 million+, however that should be viewed as , the exception 8211; particularly as every day there is more and more saturation and competition at every corner. Note that I cannot guarantee that you will make a certain amount of money with your cannabis shop business but I will assist you to make operation go smooth. For the time being, Alberta continues to lead the nation in store count, with more than 500 cannabis retailers operating across the province. As the retail market for cannabis develops, there will undoubtedly be changes in guidance from the AGCO. If you or your organization plan to apply for a retail licence, you should ensure that you are following current best practices. The McCarthy Tétrault Cannabis Law Group is always up to date on changes to the legislation and the retail cannabis market, with significant experience in assisting cannabis retailers in Ontario and other provinces. We would be pleased to discuss your or your organization’s next steps with you.