Tuesday, August 21, 2018

NP says Aphria, rival hear LCBO was worst option


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Monday August 20 2018 - In the News
Also Aurora Cannabis Inc (C:ACB) In the News
Also Canopy Growth Corp (C:WEED) In the News
Also Organigram Holdings Inc (C:OGI) In the News
Also Hydropothecary Corp (The) (C:HEXO) In the News
Also Cronos Group Inc (C:CRON) In the News

The National Post reports in its Saturday edition that Ontario Premier Doug Ford campaigned for a radically different model for cannabis distribution than the one planned by the previous Ontario Liberal government. A Post editorial says it was no surprise to learn last week that, come Oct. 17, Ontarians will be able to order pot through the Ontario Cannabis Store, on-line only. The rollout of brick-and-mortar stores has been delayed until April, during which time Ontario will implement a system of private-sector distribution. The details are still to be determined. It is a blank slate now. The Post says this is the right move. The Post says it would be madness to both establish a new LCBO-style monopoly for weed at the precise moment the LCBO's near-monopoly on alcohol is being relaxed. The Post says a properly regulated private sector is capable of responsibly handling cannabis sales, just as it currently does many other restricted, regulated products. Hopefully Ontario regulations will permit a flourishing new industry to develop, offering maximum convenience and a pleasant shopping experience for customers. Ontarians can rest easy knowing that the worst option, another LCBO, has been taken off the table.
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