5 Minutes for Business: Undermining the fight against the illegal cannabis market
Made available to you by the Burnaby Board of Trade and the Canadian Chamber of Commerce, this edition of 5 Minutes for Business examines how the federal government will handle the battle between a newly regulated cannabis industry and the existing illegal market once recreational cannabis becomes legal on October 17.
Some of the factors that will influence how effective Canada’s legal cannabis market is at reducing illegal sales include safety, quality, access, supply and branding. But as we approach legalization, it is quickly becoming clear that this sector will face the same competitiveness challenges facing others in Canada—namely outdated government thinking on business taxes and fees.
Read 5 Minutes for Business to find out more.