Opinion: Encouraging Cannabis Tourism and Hospitality will Diversify the Economy

Article by Nathan Mison, Edmonton Journal

Columnists Opinion: Encouraging cannabis tourism and hospitality will diversify the economy Author of the article:Nathan Mison A marked cannabis smoking zone west of the Rutherford Library at the University of Alberta, in Edmonton Tuesday Jan. 15, 2019. Photo by David Bloom PHOTO BY DAVID BLOOM /Postmedia

Three years after the federal legalization of cannabis, Canada has yet to harvest this new sector for the economic opportunity it presents.

Despite the fanfare and excitement that welcomed legalization and the increasing revenue generated by licensed retail, the illicit market continues to account for over 50 per cent of cannabis sales in Canada. At a time when policy-shapers are looking for new ways to generate economic growth — particularly for the struggling tourism and hospitality industry where some businesses are reporting losses between 61-100 per cent — there is ready-made opportunity within the cannabis sector.

Read the full article here.

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