Cannabis edibles poised to bite into retail
BY TREVOR BUSCH insight magazine
and abuse predicted by many has largely failed to materialize. In fact, most of the horror stories have
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focused on supply chain issues hampering the development of the retail industry, rather than dark tales of the demon weed and its insidi- ous corruption of Canada’s youth. Here in Alberta in mid-2019 as supply issues begin to wane, the province’s regulatory body the AGLC (Alberta Gaming, Liquor and Cannabis) has finally lifted a moratorium on new licens- es, which should see new cannabis retail out- lets sprouting up across Alberta. Expected this fall, a new phase of legaliza- tion will be getting underway with the
ith the nation now closing in on a year since cannabis legalization coast to coast, the expected tsunami of addition
removal of regulations restricting extracts, topical products,and edibles — potential developments that are sure to have a big impact on the retail industry. And with edibles comes the prospect of micro-industries within the industry filling demand for everything from cannabis-infused dining and lounges to accomodating weddings and major events. Here’s a quick rundown on some of the major developments in the cannabis industry and how innovators and entrepreneurs are revolutionizing traditional perceptions. Cannabis Lounges Last fall, Alberta announced would not be
allowing cannabis lounges — licensed private businesses where cannabis can be consumed, not unlike a bar — until after edibles regula- tions have been finalized,pointing to a threat to public health due to potential inhalation of second-hand smoke,among other concerns. Most provinces in Canada are still playing
the waiting game on this front, with the exception of Ontario, which is allowing cannabis to be consumed at some public events this
summer.How regulations govern- ing this area of the industry will shape up is still anyone’s guess at this point, but legisla- tors are expected to deliver their verdict this fall. Cannabis Dining A who’s who of Canada’s top chefs have been dabbling in the idea of cannabis- infused dining as a major growth industry. Not surprisingly perhaps, much of this inter- est has been emanating from Vancouver, the traditional heartland of Canada’s formerly illicit cannabis industry. In that city — in anticipation of the expect- ed edibles gold mine — several chefs have been surrepticiously testing out cannabis- infused meals and dishes at anonymous sup- per clubs for the upper crust of society who
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10 - insight magazine june 2019
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