The monopoly that the Canadian government is trying to create over the sale and taxation of cannabis is a shady business at best. I cannot support the raping and pillaging of the Canadian people once the country legalizes this herb.Great article @cannabisinvestor! I am located in Canada and I wish there was a way to invest in cannabis companies in Canada that are not Licensed Producers.
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I looks like, for the most part, some provincial governments will sell cannabis as they do alcohol. I think privately owned dispensaries is better for the consumer.
It's way better. So far, the province that I live in (which is Ontario) has announced that it will sell recreational cannabis and tax it through stores associated with our Liquor control board. It's going to be a huge tax grab. Other provinces have announced that they will let existing dispensaries handle the sales. It is unclear what kind of yearly license that these dispensaries will be expected to procure or what the level of taxation will be imposed. I decided to apply for and have been granted a personal medical growing license (in May of this year) as a direct result. I'm glad I did because I am no longer dependent on anyone and can now grow my own medicine.
You're so lucky. I live in Texas land of the free to be stupid state... We have republican leprechauns wearing cowboy hats running around here. If you are interested in investing, in publicly traded cannabis companies, I have an investors group on Facebook.
https://www.facebook.com/groups/1175009195879750/