Marijuana stocks drop as Trudeau’s pot czar says Canada won’t rush into legalization
"If they delay, there’s going to be a lot of eggs that are going to break in this business"
Tuesday, March 7, 2017
As investors flock to Canada’s burgeoning marijuana sector, Prime Minister Justin Trudeau’s government is signaling recreational pot sales aren’t imminent. Lawmaker Bill Blair -- the former Toronto police chief leading Trudeau’s legalization effort -- confirmed a bill is due in parliament this spring, but it won’t be the last hurdle as ample regulatory work remains. The federal government will take its time and work with provinces, territories and cities to build a framework and develop specific regulations, he said. (See also: Make drugs dull: legalising cannabis the Canadian way)