Legal cannabis, hemp and marijuana sales in North America grew 34% last year, and they’re slated to grow by an average of 26% annually through 2021, according to ArcView, a research group for the legal marijuana industry. Spending on legal cannabis in the U.S. will reach $20.8 billion by 2021 and will generate $39.6 billion in overall economic impact, 414,000 jobs, and more than $4 billion in tax receipts, ArcView says.

But for now, the vast majority of that spending by consumers is paid for in person, not online. Beyond complex state-by-state regulations, full-on weed e-commerce is also stalled because many cannabis retailers will only accept cash payments. Banks, many of which are federally insured, don’t want to risk legal woes from the U.S. government, which regulates banking. Cannabis remains illegal under federal law. This makes credit card payments for cannabis rare.

The more difficult nut to crack is consumer behaviour. There are some people who don't like to buy anything online. There are some people who have never bought cannabis before. There are people who have never bought online cannabis before. Anybody who is not a patient now has never done that. There will be interesting behavioural things to watch over time. Closer to home, do you want the person you share your credit card with to know you buy cannabis online? These are the types of things we'll learn over the next six months before retail opens up and beyond that as the market normalizes and we see how large it is, who is buying and what they are buying. We're going to learn a lot on the behavioural side which is what the industry will be based off long term.
It's more about the overall number that was included. We've seen in other provinces that have signed supply deals with licensed producers that the numbers are relatively small. I think the Ontario Cannabis Store said 'We don't want to have some of the challenges we think other provinces are going to have.' We want to have steady supply. We want to have variety and we want to have it from the get go so they came up with a list of 26 which is a relatively large number to supply their store in October. They want to ensure supply and variety for consumers.
If your current lease prohibits smoking in your unit, then it is likely that will cover cannabis, too. However, if there’s no smoking ban already in place, your landlord can’t add one when the law comes into effect in October. Landlords can only change leases once a lease agreement has ended, so the clause could be included in a future lease if you move.
However, marijuana sales are largely stuck at “almost e-commerce,” says Alan Brochstein, founder of 420 Investor, a subscription-based portal for investors offering data on marijuana companies, and of New Cannabis Ventures, a content aggregation site for the cannabis industry. That means consumers can order online for pick up at a dispensary or get cannabis delivered but then have to pay cash at the door.

Premier Doug Ford unveiled plans on Aug. 13 to open up sales of recreational cannabis to private stores by April 1. The move reverses a plan by Ford’s predecessor, Kathleen Wynne, who had committed to selling cannabis through provincially owned Ontario Cannabis Store outlets, modelled on LCBO stores. Until the private retail system is in place, the Ontario Cannabis Store website will be the only legal source for recreational pot in the province. The Ontario Cannabis Store is also slated to be the only wholesale distributor for private retailers. 

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My name is Miguel but I go by Miggy420 on the interwebs. My mission is to end prohibition through education, entertainment, and spreading awareness of those facing injustice, we are stronger as a whole when we're all informed.I don't have a degree but my resume includes 8 years of blogging, 10 years in the military, and presently working in the tech industry.


All of our flowers and extracts are represented by independent growers & brands to ensure your purchase is never jeopardized and our product quality stays consistent every time it arrives at your door. Today, we're proudly serving Canadians from coast to coast with the ability to buy weed online in Toronto, Ontario and all other major cities and rural towns like White Horse. The WhitePalm name covers all of the corners of our great Northern nation. Our goal is to stand for something more than a product that bears a name. We support the Micocannabis movement and independent growers in places like Nelson, British Columbia and the beautiful Sunshine Coast where perfecting the art of cannabis has been a part of the community for decades.
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