There are both federal and provincial/territorial laws and regulations that govern the cannabis industry in Canada. jurisdiction over property and civil rights.
cannabis. to sell cannabis.
Market participants face a number of challenges. with each other.
regulators are still finding their own way.
Companies ought to be aware of the extensive regulatory regime and its requirements.
cannabis is not legal.
The penalties for the above-noted offences are set in proportion to the seriousness of the offence.
and penalties. additional offences is a monetary fine.
At the most basic level, the federal framework limits access through its stringent industry-wide rules and regulations.
A prominent example is the price of cannabis products.
relaxations to both federal and provincial regulatory frameworks.
administration and operation. and the impact of personal cannabis plant cultivation.
available for sale more widely. health products” .
Recreational cannabis was legalised in Canada in October 2018. industry in Canada has seen impressive success and growth. number of roadblocks and complications.
things” in the cannabis industry. their high expectations.
ability of new participants to enter the market. producers of cannabis-infused products. drinkables and edibles.
Additionally, the stringent rules and regulations for drinkables and edibles did not only impact new market participants. facilities from those of non-cannabis products. entering the market.
drinkable and edible market. regulated far less than the cannabis industry.
of cannabis products. substantially lower price-point.
quarter of 2020.
and packaging of a product for a fee. contributed to the steady growth of drinkables and edibles.
Similar to the overall Canadian cannabis market, cannabis-infused drinkables and edibles are still in their infancy.
will only continue to increase.
The COVID-19 pandemic has resulted in certain complications for the Canadian retail cannabis sector. subsequently removed from the list of essential businesses.
aggressive expansion strategies for many retail businesses.
cash-flow for many cannabis companies. issue new retail store licences.
pick-up or delivery.
Some commentators suggest that the Canadian cannabis retail landscape has room for up to approximately 4,000 retail stores. up to 4,000 stores depends on a number of other factors.
where each of these retail stores will ultimately be located. retail expansion has not been particularly proportionate. for financial reasons due to overwhelming competition. playing a game of Monopoly.
outstanding topic for debate. than a set number.
remain competitive.
non-cannabis retail businesses. “private label” products.
sense of optimism amongst industry stakeholders. be worth watching.