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TEPID ELECTION RINGS IN YEAR TWO

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 Canadawho fielded 30 losing candidatesGrowthOp
  • 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

Quick Hits

  1. 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.
    Google Drive
  2. 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