Is Canada ready for legal marijuana?
The challenge for anyone wanting to go legal is getting a license to do so
Thursday, August 24, 2017
The Canadian government is expected to legalize recreational marijuana by July 2018, in large part to put an end to the extensive and enduring black market for the drug on which currently illicit growers like Michael have thrived. Canadian businesses are anticipating a windfall. A 2016 Deloitte report estimated the legal Canadian marijuana market will be worth $18 billion annually. Far from bemoaning the potential end to his livelihood, Michael says he cannot wait for marijuana to be legalized. “We all want to transition to legal,” Michael said. “I want to do this without looking over my shoulder all the time. I want regulation and quality control. I want to pay taxes.”