Cannabis plants grow inside of Thrive Cannabis' production facility in Simcoe, Ont., April 13, 2021. THE CANADIAN PRESS/Tara Walton
With so many unlicensed weed providers operating store fronts across the country as well as online, some industry leaders are telling the government that the health and well-being of consumers is being put at risk. Industry complaints range from sky-high taxes, government overreach and advertising restrictions to the proliferation of the black market.
“A lot of these mom and pop businesses are going to go bankrupt, they’re going to lose their life savings,” adds Derak, though many legal, regulated cannabis store owners are pointing to the black market as a big part of the problem. Large-scale regulated growers and cannabis producers are also finding themselves with a smaller piece of the pot pie, with mass layoffs and plummeting shares at large Canadian industry players like Aurora Cannabis and Canopy Growth.
Here’s an idea, don’t sell it for more than the black market does. You just can’t compete
They only way to defeat the illegal market is with regulation and standardization. Which is where the Goverment should be.
Just de regulate
As usual, the fed made a decision and told the provinces it's your problem now to solve. Suprise, it turned out exactly the same it always does.
Legalizing pot was a dumb move. More kids and adults are totally useless in this country. And more and more are getting seriously hurt by the potency. Another utter Trudeau failure.
OmarYKhan The Federal Govt did a disservice to the Canadian people by overtaxation & overregulation. Only government agencies are making a profit. Many large & independent businesses have closed & more are going out of business. Need to fix this or only the illicit operators will survive