Is Recreational MJ About to Hit Grocery Stores?This could be some incredible news:
"Loblaw Companies Ltd. is looking to sell recreational marijuana in Newfoundland and Labrador, as the provincial body handling pot sales has included the company on its list of potential licensed cannabis retailers."
While Dominion has said they wouldn't be stocking the shelves with MJ they did say, "It would be available behind the counter, in small, existing tobacco shops, adjacent but separate to our Dominion grocery stores"
Now is the time, retail is about to explode and to meet the demand there will need to be steady suppliers- this could be terrific news for companies like Aurora, Canopy Growth, Namaste, and any of the MJ players that could put their name on that shelf.
And it might be a great idea to start investing in chips and snacks if you can get recreational MJ next to your local Dominion grocery store.
SmallCapCanada (.com)