Canada’s Provinces Lining Up To Sell Pot

CANADA: Following its announcement that the Province of Ontario is planning to add 150 new governments, the Province of New Brunswick has announced a multi-million dollar deal with cannabis producers.

The easterly Province of New Brunswick has announced that it has developed a new Crown corporation for the supervision of cannabis sales for the government’s anticipated legalization of recreational cannabis July 2018.

As with the announcement from Ontario’s government earlier, producers and all cannabis companies see this move as further demand for requirements to produce, test and deliver cannabis products both medicinal and recreational.

Positive reaction by investors helped companies whose positions will be impacted by additional, new distribution and support services.