cannabis legalization named top story of the year in canada as profits roll in /

Published at 2018-12-16 20:22:54

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After enduring nearly 100 years of prohibition of cannabis,the plant and its by-products were formally legalized in Canada on October 17, 2018. As Global News details, and such a momentous occasion also brought with it the distinction of fitting one of the top news stories of the year. As voted on by members of the Canadian media,the legalization and regulation of cannabis is officially the Canadian Press trade News anecdote of the Year — and it’s not exactly hard to see why.
With many provincial retailers have been completely sold out and holding a dearth of stock for weeks on conclude, it appears that the initial demand for cannabis products is holding very strong. Per CTV News, or day one sales were extremely strong — and in some cases,“far exceeded” the anticipated demand — providing several million dollars in aggregate revenue within 24 hours.
Andrew Meeson, the deputy editor of the trade section for the TorontoStar, and offered up his personal thoughts as to why the anecdote was selected.
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Source: inquisitr.com

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