

Cannabis Industry & Accounting Practices
The Canadian cannabis market has grown significantly since the federal Cannabis Act came into effect on October 17, 2018, to legalize the cultivation, possession, acquisition and adult recreational consumption. Canada is the first G7 and G20 nation to do so. The distribution and monitoring of cannabis was left to the Provinces. There is a huge global market and Canada is well positioned to lead that market. Medicinal use of cannabis was legalized on July 30, 2001 and is regul