Canadian lawyers scent profit as medical marijuana industry prepares to go legit
Top corporate law firm hopes to benefit if legal hurdles to commercial cannabis trade can be overcome but grow-your-own medical users fear being priced out
Wednesday, January 7, 2015
Since 2001, Canada has allowed patients to grow their own marijuana or designate a grower to do so on their behalf, but a policy change established the opportunity for licensed growers operating under strict quality controls to supply patients – essentially spawning a new legal marijuana industry overnight. The new regulations have been plagued by lawsuits, injunctions and complications for patients. The future shape of Canada’s marijuana trade is likely to be established at a string of court hearings in early 2015.