Illegal Dispensaries Hurting Canada’s Licensed Producers

The CEO of Tilray, a licensed medical cannabis producer in Canada, says the failure of Vancouver to regulate unlicensed dispensaries is negatively affecting the company’s business results.

Greg Engel said the proliferation of federally illegal dispensaries in British Columbia “has been a challenge,” according to a report in the Georgia Straight.

Only 7% of the cannabis grown by licensed producers has been shipped to British Columbia, even though almost half of the country’s registered medical marijuana patients live in the province.

Tilray announced in June it would eliminate 61 positions, and Engel said the company has

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Illegal Dispensaries Hurting Canada’s Licensed Producers is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs