(This is the 10th installment in a series looking at the marijuana markets in each of Canada’s provinces. Other installments: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Ontario, Quebec and Saskatchewan.)
Prince Edward Island (PEI) may be Canada’s smallest province, but it has already attracted some important investments in the cannabis industry.
Canada’s Island Garden found itself on the receiving end of a major deal with Alliance One International (NYSE: AOI) earlier this year. It was the first foray by a significant tobacco company into the cannabis industry.
Executives in the province are capitalizing on business opportunities in areas such as cannabis tourism, extraction and – to a lesser extent – cultivation.