Canopy Growth CEO Says Lines Are Around the Block for Cannabis

The video discusses the rise in prices compared to the black market and highlights the benefits of regulated markets in Canada, including better product quality and safety. It outlines the strict regulations and penalties for illegal activities, emphasizing the government's role in education and regulation. The speaker predicts that demand and sales will stabilize by early 2019, with increased access and a broader product range expected to drive further demand.

What are some of the issues associated with the illicit market mentioned in the video?

• Limited product variety

• Lack of customer service

• Higher prices than the legal market

• Quality and safety concerns

What measures has the Canadian government implemented to combat the illicit market?

• Advertising campaigns for legal products

• Increased taxes on legal products

• Subsidies for legal market participants

• Punitive measures for landlords and sellers

When is the demand and sales expected to normalize according to the video?

• Late 2019

• By the end of 2018

• Early 2019

• Mid 2019

What is expected to happen in the second half of 2019 according to the video?

• Reduction in store openings

• A decrease in product variety

• A decline in market demand

• Introduction of new products like vapes and edibles

How is the introduction of new products expected to affect the market?

• It will have no impact

• It will decrease demand

• It will drive more demand

• It will stabilize the market