04:50:20 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



Canopy Growth Corp
Symbol WEED
Shares Issued 394,422,604
Close 2022-05-24 C$ 6.06
Market Cap C$ 2,390,200,980
Recent Sedar Documents

Globe says High Tide welcomes weed policy review

2022-05-25 08:30 ET - In the News

See In the News (C-HITI) High Tide Inc (2)

The Globe and Mail reports in its Wednesday edition that some Ontario provincial political party leaders are promising to revisit cannabis policy if elected and some industry leaders are on board. The Globe's Irene Galea writes that others in the sector, however, say key issues have been ignored entirely by party platforms. During a campaign stop, Ontario Liberal Leader Stephen Del Duca criticized the Progressive Conservatives for their handling of the process of opening weed stores, saying it was "random" and "arbitrary." At the time of legalization in 2019, Ontario municipalities were asked if they wanted to opt out from pot shops. Forty-five out of 415 did so, leaving swaths of the province with no in-person cannabis stores. Some of the cities and towns that opted in to having cannabis stores complain they have little control over where those stores are positioned, with several outlets operating within the same block in some areas. Mr. Del Duca said the Liberals would enact new policies that would require a minimum distance between stores. NDP Leader Andrea Horwath said her party would do the same. High Tide president Raj Grover would welcome added oversight into the placement of new cannabis stores.

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