Health Canada’s new grow-ready demand could squash entry of micros into the cannabis space

Angela Stelmakowich, The Growth Op

Health Canada’s newly instituted requirement to have a fully built and compliant site when applying for a cannabis licence may pour cold water on the explorer spirit and entrepreneurial drive of smaller entities looking to enter the market, promoting an unlevel playing field dominated by larger companies.

The change “definitely penalizes the small guy. It certainly only allows the bigger producers to have a further leg up,” says Vancouver-based Deepak Anand, CEO and co-founder of Materia Ventures, a global cannabis supply and distribution company.

Read more at the Growth Op