Cannabis stocks reacted favourably to legalization, and Canadian stocks across industries reached record highs Wednesday. (Globe and Mail, Bloomberg)
Provincial supply arrangements will now take place in earnest. Only Quebec, New Brunswick, and PEI have finalized agreements with LPs but they are only one of many aspects of the industry rushing to coordinate ahead of October 17. (Cantech Letter, Financial Post)
Representatives from a variety of companies commented on the passage of Bill C-45 to Vice.
Analysts predicted a market glut within a few years, and favor  LPs with solid inventories and supply agreements. (Financial Post)