BCBusiness

November 2018 – What's Up, Chip?

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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BCBUsinEss.Ca nOVEmBER 2018 BCBusiness 21 by the time you read this, Canada will have become the second country to let its citizens use cannabis recre- ationally without breaking the law. The change, which follows federal legalization of medical pot back in 2001, comes with a host of new rules—and unanswered ques- tions. In B.C., where pot has a long and illustrious history, we're waiting to see what will become of our dozens of ille- gal cannabis dispensaries. And in the wake of October's civic elections, municipalities across the province must decide whether to welcome legit retail outlets. No matter what happens, there's money to be made. In the ‚rst year of legalization, Canada's medical, legal rec- reational and illicit cannabis industries could generate as much as $7.17 billion in sales, Deloitte estimates. The legal recreational market could account for $4.34 billion of that total, with the Western provinces contributing as much as $1.37 billion. to mark the recent legalization of recreational marijuana, we check in with some of the key players in the B.C. cannabis world. from pot growers to government officials to medical professionals, meet the people helping move the industry forward and keep British Columbians safe b y N A T H A N C A D D E L L , N I C k R O C k E L A N D F E L I C I T y s T O N E LIMITED TIME PRICING $79

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