GLDFF - Complete Cannabis Guide #4: Provincial Regulations In Canada
In our "5 Predictions For the Cannabis Industry", one of the predictions we made was that provincial supply agreements will take over licensed capacity as the most important driver for revenue profitability. We think supply agreements are important because cannabis will still be a somewhat "controlled" product given that procurement and retailing will be regulated on a provincial level. Investors need to understand the provincial plans because provinces will be the ones that determine the distribution and final sales of marijuana across Canada. Federal legalization is essential, but it is provincial plans that