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National cannabis organization suspends operations, citing active illegal market
The council said members cannot sustain lobbying costs as illicit sellers take market share and legal businesses remain mostly unprofitable.
- On Monday, The Cannabis Council announced suspension of operations in Halifax, citing financial pressures and the 'highly active' illicit market constraining its resources.
- Paul McCarthy, the council's president, said most legal businesses remain unprofitable because illicit producers capture market share while driving prices down, leaving 'the margins are already razor thin.'
- Illegal product flows through Canada Post and Purolator, McCarthy said; disrupting these delivery channels would prevent repeat purchases by customers seeking unregulated cannabis.
- Accountability rests with Ottawa, McCarthy said Thursday, urging a Canada-wide strategy rather than building 13 separate enforcement plans across provinces and territories.
- The illicit market remains 'the common denominator that is actually the barrier' to legalization objectives, McCarthy said, including keeping the drug from youth and ensuring product safety for Canadians.
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17 Articles
17 Articles
The Toronto Star+14 Reposted by 14 other sources
National cannabis organization suspends operations, citing active illegal market
HALIFAX - A national cannabis lobby group representing licenced producers and processors is suspending operations, citing challenges tied to the unregulated cannabis market.
·Toronto, Canada
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Total News Sources17
Leaning Left13Leaning Right0Center2Last UpdatedBias Distribution87% Left
Bias Distribution
- 87% of the sources lean Left
87% Left
L 87%
13%
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