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Cannabis stocks rattled by Ontario rule changes

August 14, 2018 thestar Leave a Comment

By Michael Lewis Business Reporter Tues., Aug. 14, 2018 Canadian pot stocks retreated early Tuesday after Ontario’s Conservative government said it will delay the start of bricks-and-mortar recreational marijuana sales — although some in the industry say they can use the extra time. “We would have been very pleased to open our first stores on Oct. 17, but we don’t feel disadvantaged to have to wait until April 1. We now have more time to engage with the markets and consumers through educational experiences that will help build excitement leading into the launch date,” said Heather MacGregor, communications director at Edmonton-based Aurora Cannabis Inc. Jo Vos, managing director of Leafly Canada, a cannabis website information resource, applauded the government’s move to allow sale in Ontario of non-medical cannabis to adults through the private sector, but said more time is needed to set up a retail framework and … [Read more...] about Cannabis stocks rattled by Ontario rule changes

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