Failure to launch: What happened to Canada’s ‘cannabis strategy table?’

A proposed cannabis “strategy table” appears to be stuck in bureaucratic and political gridlock in Canada’s capital, more than a year after it was first announced.

In April 2022, the planned strategy table was unveiled in the country’s federal budget to provide a forum for government officials and cannabis industry executives to come together to discuss steps that could bolster the legal industry – this at a time when many companies were struggling financially.

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The lack of open communication channels between the cannabis industry and the Canadian government comes at a pivotal time for the sector, with a majority of federally regulated companies unable to keep up with excise tax payments to the federal government, soaring profits at government-owned marijuana businesses and widespread failures among privately owned enterprises.

When the strategy table was announced, the industry embraced the opportunity for more open dialogue with the government,

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A proposed cannabis “strategy table” appears to be stuck in bureaucratic and political gridlock in Canada’s capital, more than a… Continue reading
The post Failure to launch: What happened to Canada’s ‘cannabis strategy table?’ appeared first on GrowCola.com.