It’s been about a year since the historic legalization of cannabis came into effect in Canada, and the retail segment for marijuana is still finding its footing. The cannabis retail space in Canada has faced hurdles since its launch. As industry experts and analysts have noted, the slow rollout of physical stores has been a snag for the growth of the industry. During a recent investment event held by financial firm Echelon Wealth Partners in Toronto, Canada, the marijuana retail space was the main focus of discussion. During a panel, Echelon Wealth Equity Research Analyst Matthew Pallotta described the current Canadian retail landscape as being a “hub and spoke system” that involves select large flagship stores surrounded by smaller storefront locations.
Hemp Land, Cannabis Hemp Blog, 05/24/2021 08:03:00