The rise and fall of Canada's cannabis industry | The Big Story Podcast

It was supposed to make billions upon billions as an industry, and the investors were chasing millions of their own. Instead, thousands of Canadians were left holding empty bags, having lost jobs, savings and opportunities to the promise of fast money and an industry that could never have possibly matched the hype.

How did (almost) everyone get the weed industry so wrong? And what happened to those Canadians who bought into the hype?

GUEST: Omar Mouallem, reporting in Canadian Business

Posted in Canadian Industry

5 Comments

  1. A E on May 20, 2022 at 10:20 pm

    Is this code for "put more additives in"
    🙄



  2. Michael Warren on May 20, 2022 at 10:22 pm

    Only the Government can mess up the dope industry. lol



  3. tinycha0s on May 20, 2022 at 10:36 pm

    …. This was a sad attempt at explaining the cannabis industry. Btw, nobody has ever called it “c day” lolllll. Can you maybe talk to actual cultivators next time?



  4. David B on May 20, 2022 at 10:40 pm

    Correction: The rise and fall of the pubcos who used legalization as a pump and dump schemes.



  5. BonSang on May 20, 2022 at 11:00 pm

    yeah no, Aurora and others were money laundering scams. gota clean all that cartel money accumulated over the years.

    the real decent producer that can deliver a good product that brings buyers engagement are barely starting to hit the market.

    thanks to Trudolphe.