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Comment by toastermoster | Hacker News Reader

I'm visiting Toronto and nobody here at the bar had heard this yet.

It's essentially "legal" in Canada already so no one really cares about it that much.

Exactly, the legality is almost a nonissue at this point, we have already reached a saturation of news regarding legalization.

purely from financial PoV I'd say legality is a big issue because now these firms can get easy financing and eventually raise money by listing in major exchanges. overall I feel pretty good about it.

Oh no... now that it is legal, a number of the publicly traded cannabis companies will be able to actually start selling the product they’ve been stockpiling over the last year.

Everything we’ve seen for estimates is that even then, we’re only going to meet 50% of the demand.

Canopy Growth Corp, CBW, Aphira, Abcann... there are actually dozens of them and they’re going to be in for a good year for now and (hopefully) tremendous growth as well.

Some people care very much.

>a number of the publicly traded cannabis companies will be able to actually start selling the product they’ve been stockpiling over the last year

Can you link to anything that says Canada is going to allow uninhibited access to the market from these companies? Currently they are licensed for medicinal use only.

I'm skeptical. The government is not going to mint pot billionaires. It will be tightly controlled.

Bullshit, the RCMP has been pretty active here in BC to close illegal "dispensaries". By all likelyhood, this won't stop after this bill, as I trust the liberals to have properly secured weed's distribution. "Depenalization" would have been 10x better than this "legalization".

Just because they are closing places that sell weed, doesn't mean it is illegal, just controlled. Alcohol is legal, but the Ontario government is still going to close down any store selling it without authorization.

I guess you are an easterner not minding to have the government step in their everyday lives.

This is a problem with weed as there is a pretty solid underground distribution network. If the price for legal weed stay lower than "legal" weed (because of the tax and all the administrative bs), then criminal orgs will keep making plenty of profit, rendering the bill essentially pointless. I don't want a fancy multi-million dollar weed tasting store, or ponder for hours if a 1985 indica is better with red meet than a 1992 sativa. I just want my ounce and be left in peace.

The liberals have grossly misunderstood the consumer population...

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