Canada: Ontario government’s marijuana monopoly could weed out craft growers

Ontario’s plan to sell and distribute recreational pot exclusively through a network of government-operated stores could lock in the dominance of the country’s large-scale licensed marijuana producers and weed craft growers out of the market, industry experts say.

Two of the country’s biggest producers, Aphria Inc. (TSX:APH) and Smiths Falls-based Canopy Growth (TSX:WEED), cheered the province’s plan to have the Liquor Control Board of Ontario operate a network of standalone marijuana stores as well become the sole online recreational seller.

They also welcomed the government’s pledge to stamp out illegal dispensaries, eliminating them as potential competitors.

Read More at Ottawa Business Journal