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This has been nothing short of a transformative year for the legal cannabis industry. On June 19, Canada’s Senate approved an amended version of Bill C-45, which is more commonly referred to as the Cannabis Act. Effectively, this approval allows Canada to become the first industrialized country in the world, and the second overall behind Uruguay, to green-light the sale of recreational marijuana to adults. According to Prime Minister Justin Trudeau, who has long lobbied for the legalization of marijuana, the Cannabis Act will officially go into effect on Oct. 17, 2018. The nearly four-month delay between its passage and the proverbial green flag waving is to give retailers enough time to get product in their stores, as well as to allow provinces time to get their regulatory infrastructure in place. The 3 Biggest Risks Facing Canada’s Legal Marijuana Industry

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