Canadians went to the polls and unenthusiastically elected Justin Trudeau’s Liberals to a tepid minority government, but as Bruce Linton predicted this summer, the election largely ignored cannabis.
Yahoo Finance, Twitter—David George-Cosh
- That was, of course, excepting the Marijuana Party of Canada, who fielded 30 losing candidates. GrowthOp
- Linton said, “As far as I could tell, [no party] was opposed to cannabis, and nobody was in favour of it. […] They should have been on the campaign trail saying ‘This sector created the most jobs of any sector in Canada over the last three or four years.'” Bloomberg
- Toronto analysts Trichome Financial offered a “State of the Market” memo including interesting conclusions about the market: management expertise remains varied and the whole industry is learning, production licenses no longer mean what they once did, and financial institutions are hesitant to lend to a heavily regulated industry.
- Per 2019 statistics, 50% of Canadian MED patients are treating pain, 20% are treating mood disorders, and 20% use MED to help them sleep.
Twitter—Dr. Caroline MacCallum