Changing of the guard in Ottawa could speed up Canada's cannabis industry growth

Medical marijuana producers are bracing for the possibility that Canadians could elect a new government this fall — a change that could accelerate the already breakneck pace of growth in the burgeoning industry and usher in new players such as tobacco companies and pharmacy chains.

“This whole election’s very interesting,” said Bruce Linton, the CEO and chairman of Tweed Marijuana Inc. (TSXV:TWD). “When you have a business that has the potential to see quite a lot of acceleration because of outcomes, you watch it more carefully.”

Haines

Michael Haines, CEO of Mettrum

“We didn’t get into this business hoping that it turns into a recreational market. That said, if that were to ever happen, we would be exceptionally well-positioned.”

Read the article by Alexandra Posadzki:  http://www.ctvnews.ca/politics/changing-of-the-guard-in-ottawa-could-speed-up-cannabis-industry-growth-experts-1.2561144

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Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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