lynnsa10 replied the topic: Lexaria Corp CSE:LXX OTC:LXRP
Coming to a Canadian city near you in 2018
Jeff Deakin, 66, his wife, Mary, and their dog waited all night and were first in a line of 100 people when Harborside dispensary, a longtime medical pot shop in Oakland, opened at 6 a.m. and offered early customers joints for a penny and free T-shirts that read “Flower to the People — Cannabis for All.”
It is probably our busiest day in our seven-year history," said Matt Lucero, the owner of Buddy's, a dispenser of medical-use marijuana in San Jose that holds the first license issued by California to also sell recreational marijuana. "We have folks outside; every chair in the building is filled right now."
alexgreat replied the topic: Lexaria Corp CSE:LXX OTC:LXRP
Gambler, one thing for sure is politicians are not reliable and who knows what they will do. The time will come on July 1st or sometime after, never do they beat a deadline.
Does not matter for LXX, unlike many they are not reliant on Canadian market. Can operate anywhere
California is already the largest cannabis market in the world with annual sales of approximately US$2.8 billion in 2016. It is expected to maintain its leading position globally, with sales forecast to grow to US$5.2 billion in 2018
Gambler replied the topic: Lexaria Corp CSE:LXX OTC:LXRP
In the Globe this morning
The Globe and Mail reports in its Wednesday edition that a majority of Canadians are in no hurry to see the legalization of recreational cannabis by Canada Day, a new poll has found. The Globe's Daniel Leblanc writes that the Liberal government has said it wants to remove the prohibition on the drug by July, which some provinces and police bodies have said does not give them enough time to get ready. In a new Nanos poll conducted for The Globe, only 43 per cent of respondents were in favour of keeping the July 1 deadline. On the other hand, 31 per cent said that legalization should be delayed "to give provinces, cities and police more time to adapt" and 23 per cent said they would prefer to see the drug remain illegal. Pollster Nik Nanos said the government needs to use the coming months to showcase to the public that everything is in place for the major societal shift. "There are 54 per cent of Canadians who say it shouldn't go ahead at all or it should be delayed," Mr. Nanos said. "Canadians want to make sure the government gets it right. They are not sure there is a rush." He added that most everyone agrees that the legal market for cannabis will be chaotic early on.