Canopy Growth Corp (WEED)

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Morning Update: Cannabis celebrations and shortages; the latest twist in Vancouver’s election
ARIK LIGETI
THE GLOBE AND MAIL
October 18 at 05:11 MT

Good morning,
These are the top stories:
Day 1 of cannabis legalization saw celebrations, strong demand – and shortages?Websites and stores sold out of many brands and strains in a matter of hours, and long lines plagued many of the retail shops. By noon, only one product made by industry giant Canopy Growth was still for sale on Ontario’s government site. Despite the hiccups, there were festivities across the country to mark Canada becoming just the second country in the world, after Uruguay, to allow the sale and use of recreational marijuana. At the University of British Columbia, scores of students smoking marijuana filled a hill beside the student centre. And in Calgary, a party-like atmosphere was seen outside of two stores.?Despite the excitement, opposition and skepticism about legalization remain. As Ian Brown writes, “the stigma that survives will determine whether cannabis becomes an accepted habit of mainstream life for anyone but the people who already use it.”?It was mostly business as usual for unlicensed dispensaries in places like Toronto and Vancouver. But those shops continue to get their supply from unlicensed processors and growers, a sign that the illicit market isn’t about to dissipate any time soon. Two dozen Vancouver dispensaries fighting a city order to shut them down are hoping a court ruling will come soon that would allow them to continue selling to medical marijuana patients.

https://www.theglobeandmail.com/canada/article-morning-update-cannabis-celebrations-and-shortages-the-latest-twist/