This from Canaccord on the approval by Canada’s senate of Bill C-45 fully legalizing cannabis
Looking ahead, provinces will continue to finalize respective distribution platforms, and we expect meaningful legal rec sales to roll-out on a national level by September/ October. However, we caution investors that there remain several issues to be ironed out, and it is not likely that the launch will be smooth given challenges for retail distribution and ramping up cultivation capacity.Although logistical hurdles remain, we believe positive industry catalysts are still on the horizon. This includes major provinces such as Ontario, Alberta and BC still to announce initial tender allotments for product and
the legislation of more recreational friendly products, such as vape pens, edibles and other derivative cannabis product that will become increasingly important for producers as the cultivation of cannabis is expected to become largely commoditized.
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