Organigram VP public affairs Cameron Bishop pressed Ottawa to support the cannabis industry or lose it to other countries. In a Twitter thread, he wrote,

  • “I’ve never seen this before. A $100B-$200B industry and our federal government won’t take a bow???? Or work to promote it??? What?!!!! We need a medical #cannabis export strategy NOW.
  • “We need to transfer some degree of promoting and enhancing this industry to [Innovation, Science, and Economic Development Canada] and [Global Affairs Canada]. When we lose our first mover advantage because #cdnpoli views the potential of this industry with disdain, what then?
  • “[…] Honestly: I want one #cdnpoli leader to point me in the direction of a new sector of the economy with as much potential as #cannabis. Cripes the @bankofcanada had to revise their growth estimates because of their strength of this sector!

Quick Hits

  1. The source of LP investments is shifting from Bay Street to the UK, where family offices, funds, and private placements have been eager to contribute millions.
    Financial Post
  2. Sundial Growers, the largest privately held LP in the country, bought UK plant, flower, and herb producer Bridge Farm Group for an undisclosed amount. The acquisition will give Sundial a foothold in the UK’s booming CBD market.
    Globe and Mail, Sky News
  3. UK newspaper the Evening Standard profiled both legal and illicit REC retailers in Toronto.
    Evening Standard