(This is the sixth installment in a series over the next few months that will look at the marijuana markets in each of Canada’s provinces and territories. Other installments: Alberta, New Brunswick, Nova Scotia, Ontario and Quebec.)
Cannabis businesses in British Columbia can leverage decades of market experience in cultivation, retail and research and development to maintain their dominant position in Canada’s marijuana industry when recreational use becomes legal later this year.
The province’s multibillion-dollar gray market includes hundreds of dispensaries and at least 4,000 licensed personal growers.
But how much of that will shift to the regulated market when it rolls out?
The answer will depend largely on the effectiveness of the provincial government’s pending regulations on sales, distribution and consumption.
The government is off