With a predicted $10 billion revenue from recreational weed by 2025, why isn't Trudeau revelling in his campaign success?
OTTAWA - Long lines formed on a sub-zero morning last week to buy marijuana over the counter from three different shops in Ottawa, the first capital in the industrialized world to open them.
“Canadians are accepting of legalization, but I don’t think they’re celebratory,” said Peter Donolo, a political strategist at Hill + Knowlton and communications director for former Liberal Prime Minister Jean Chretien. Though Conservative leader Andrew Scheer has said he would not reverse legalization if elected, he has repeatedly expressed worries about safety - especially around people driving while high - and has said more young people might try marijuana now.
“I live close by and I’m excited to see how this store will change the neighborhood,” said Jessica, 23, who declined to give her last name. “I did not vote Liberal last time, but I might this time.” Vivian Azer, a financial analysts who follows cannabis companies for Cowen and Company in New York, sees a bright future for Canada’s nascent marijuana industry.
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