Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Comment by DSEEGSon Nov 26, 2020 5:27pm
117 Views
Post# 31985764

RE:Weed at the bar? Tourism industry wants Ontario pot venues

RE:Weed at the bar? Tourism industry wants Ontario pot venues
Kiluminati1984 wrote:

Weed at the bar? The tourism industry wants Ontario pot venues open by spring


While Ontario’s longest patio season is serving its last calls under well-used heat lamps, industry groups representing the hard-hit restaurant, tourism, and live events sectors are calling on the province to advance talks on selling and consuming cannabis inside public venues. Beth Potter, president and CEO of the Tourism Industry Association of Ontario (TIAO), wants new pot regulations for lounges, cafes, festivals and concerts established by the spring.

The Ontario government launched a public consultation in February to collect feedback on consumption venues and special occasion permits for events. The feedback period ended on March 10, just as COVID-19 was tightening its grip on the province.

“The pandemic hit, and we’re now at a place where we’d like to go back and pick up the conversations with government to get the regulations put in place, especially in time for next patio season,” Potter said at a virtual event about “on-premise” cannabis business opportunities in Ontario earlier this week.

The province’s Ministry of the Attorney General said in February that no changes to the cannabis framework were expected at the time, and there is no timeline for updates informed by the public feedback. Yahoo Finance Canada contacted the ministry regarding timing, but did not receive a response in time for publication.

Weed at the bar? The tourism industry wants Ontario pot venues open by spring (yahoo.com)



The question is 
What would this do to brick n mortar stores who run on thin margins as well...Wouldnt this cause them to now suffer?. Brick n mortars mass shutterrng would not help the industry/stocks at all..
Hundreds of thousands of dollars to open a store and the tourism/ restaurant industry wants to come in after all the hard work and take a slice of that pie. As if store owners havnt endured enough with all the red tape . The lottos, OCS selling online under cutting ,paying months of rent while waiting to get the go-ahead from AGCO to allow them to finally open and sell. 

They shouldnt undercut /turn their backs on the ppl that help get the sector up and running.

I see no problem with cannabis dishes being served at restaurants and cafes because that is a product these regulated shops will never sell . They can source the distillate required to cook from the LPS . IMO selling pre-packaged edibles at festivals and cafes would have a negative impact on sales by brick n mortar throwing off the balance that they have been working hard to achieve.

Furthermore AGCO requires every inch of a retail shop to be under 24hr video surveillance  . How would they circumvent this in a festival setting?

That being said i would like to see beverages being sold wherever Alcohol is due no outside beverages  welcomed in bars anyways so its not like you can buy one from a brick n mortar and bring in and consume barside or restaurant . Where as an edible you can consume on the DL.

This is likely to be shelved for some time to figure things out. 




<< Previous
Bullboard Posts
Next >>