Economics
Pot Companies Welcome Private Stores in Sea Change by Ford
- Government plans to move to private-sector model, report says
- Recreational marijuana to become legal in Canada on Oct. 17
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Canada’s cannabis companies say they’re ready to start building stores in Ontario if the government allows private sales of recreational marijuana, in what would be a dramatic policy shift by Doug Ford’s new government less than three months before legalization.
Premier Ford may announce as early as next week a plan to allow private stores to sell pot, scrapping a system unveiled by his predecessor to limit sales to government-run outlets, the Globe and Mail reported Friday. Pot stocks jumped on the report.