After âGreen Rush,â Canadaâs Legal Pot Suppliers Are Stumbling
Most marijuana producers in Canada are still reporting staggering losses two and a half years after legalization.
A million-square-foot greenhouse in Exeter, Ontario, that a legal pot supplier bought in 2018. After a merger, its new owner sold it two years later without having grown a single marijuana plant there.Credit.Tara Walton for The New York Times
April 18, 2021, 5:00 a.m. ET
EXETER, Ontario â The mayor of the largely rural community of South Huron, Ontario, was looking forward to an employment boom when a marijuana producer used its soaring stock value to buy an enormous greenhouse on the edge of the municipalityâs largest town.