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Cannabis Industry Reacts to Ontario’s Retail Strategy

CANNABIS INVESTING NEWS: David Clement, a Toronto-based North American affairs manager at the Consumer Choice Center, said the decision by Ontario to embrace private retail is a win for consumers and smart public policy.

Clement added that not having stores with the start of legalization in Canada means consumers will continue to buy cannabis from illegal dispensaries.

“Simply put, relying solely on online sales until April 1 isn’t an accessible enough model to sway people away from the black market,” Clement said. He suggested the province should fast track the application process to allow legal cannabis shops to be available on October 17.

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