On Oct. 17, 2018, Canada became the first G7 nation to legalize recreational cannabis. With the potential of being a global leader in this space, the industry has since faced numerous hurdles navigating an overly complex regulatory environment.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
For example, Alberta’s government, which runs wholesale distribution, charges a 6% markup to retailers whereas the Ontario Cannabis Store , the Ontario government’s wholesaler and distributor, charges a 30% markup to retailers. Ontario’s Auditor General conducted a review of the OCS in December 2021. In their report, they outlined a range of vulnerabilities including pricing models, how the OCS manages data and oversight of their delivery service partner.