Miller Thomson LLP
Cannabis – A Flourishing New Industry

The legal use of recreational cannabis in Canada came into effect on October 17, 2018. The industry has grown rapidly since then - and so have the business opportunities. Doors are open for the small craft producer to make their mark. Cannabis-infused edibles and CBD products will hit the retail market later this year, and with that, a new industry is expected to emerge.

Even if your organization is not directly involved in the industry, legalization has had far reaching impact. For example, charities and not-for-profit groups have additional issues to consider when accepting sponsorships or donations from cannabis producers. Condo and strata corporations may need to make accommodations for residents with medical condition that require use of cannabis.

Want to know more? Download our ebook for further insights and analysis in this constantly evolving area of law.

Fast Facts

48% – growth in the first 7 months of 2019 for federally-granted cannabis licenses

$344 billion – estimated amount spent on cannabis products world-wide

$2.7 billion – estimated annual worth of the Canadian market for edibles and alternative cannabis products

25% – of Canadians currently buy or are expected to buy edibles and alternative cannabis products

About Miller Thomson

The rapid growth of the Cannabis sector means you need a legal team that understands the marketplace and knows how to deal with the complex regulatory environment. Miller Thomson’s Cannabis Group encompasses lawyers whose practices span multiple areas of law from corporate to labour & employment, to intellectual property and trademarks. Our team provides sound counsel and guidance to support your business goals and take advantage of new opportunities as they arise.

Meet Our Cannabis Team

Portrait of Sandra Gogal
Portrait of Alexander Lalka
Portrait of Kelly Harris
Portrait of Robert Graham

Copyright © Miller Thomson LLP 2019. All rights reserved.