Article by Morgan Lowrie, City News
Exhibitors at a Montreal cannabis expo expressed hope and caution this weekend over the legalization process currently unfolding across Canada, as their products provided a glimpse of what could be to come in a future, less regulated market.
The two-day trade show, which brought together more than 120 exhibitors, was the first gathering of its kind in Quebec since recreational pot was legalized earlier this month.
The products on display provided potential investors and current stakeholders with information on the state of the industry, as well as an idea of what could be its future — from cannabis-infused personal lubricants to hemp sprays for pets.
Soheil Samimi, an adviser to the board for cannabis product manufacturer Isodiol, said many companies are waiting for their chance to sell their products to a wider audience once the legalization market widens.
Samimi said there’s a huge market in the wings for consumer products, including cosmetics, edibles and beverages, and health products.
“The current problem is supply, not demand,” he said, noting that the consumer base is widening not only in North America but also Europe, South America and elsewhere.