Weed in Q4

The date for the start of retail marijuana sales has been set.

Prime Minister Justin Trudeau says recreational marijuana will become legal in Canada on Oct. 17.

[...] "We heard from provinces and territories who told us they needed more time to transition to this new framework, so our government will continue to work in full partnership with them, to ensure the smooth and orderly implementation of this new law across Canada," Trudeau told reporters during an end-of-session news conference.

I bet the province of New Brunswick is not happy. They got to work on legalization years ago. They signed a marijuana supply deal in September of 2017. Almost ten months later, many of the big provinces still haven't bothered with any supply agreements. This obviously created uncertainty for many firms who can't be expected to harvest and stockpile millions of dollars of product without some understanding from the big potential buyers (the provinces).

New Brunswick has their stores ready for July while Ontario and British Columbia have been sitting on their asses. Let's see what they can do in the next four months.