Wait, There's More

Is Canada’s legal cannabis industry collapsing?

02.10.2020 - By CuriouscastPlay

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When recreational cannabis was legalized in Canada in October 2018, the excitement was palpable. Though the market rollout wasn’t perfect, there was still a lot of hope. Investors were pumping money into new cannabis corporations and people were flocking to the industry. But in recent months, it seems like things have taken a turn: a number of cannabis CEOs have stepped down, and companies are getting sued by investors who say they feel duped. Then last week, hundreds of people got laid off at two of the biggest cannabis companies. Vanmala Subramaniam, the cannabis reporter at the Financial Post, explains how we got here and what the future holds for the once-booming industry. 

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