Canadian CANNAINVESTOR Magazine August / September 2019 | Page 146

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receive answers towards the end of 2019.

Ontario Retail 1.0

24 of the 25 potential stores have successfully opened as at the date of writing. Those stores become eligible for change of control in December, 2019. Will any of them change hands? Will any of them change brands?

New Product Launch

Edibles, extracts and concentrates all become legal on October 17, 2019, however we will have to wait 60 days past that point before we see these products on shelves. As such, we likely won’t have a full picture of what new product lines will be on offer until early 2020, but companies are already ramping up to hit the ground running. What products will be offered? What products will prove to be popular? What hiccups will companies face as they roll out these products?

Where are we going with Cannabis Health Products?

Back in June, the Canadian government launched a consultation to seek feedback from Canadians, as well as the cannabis and health products industries, regarding the kinds of products they would be interested in purchasing, manufacturing, or selling, should a legal pathway to market for cannabis health products be established. The consultation is set to close on September 3, 2019. Expect to get a hint of what is to come sometime between September, 2019 and the end of the year.