We help you navigate the challenges of the industry and drive your growth agenda.
The cannabis industry is blossoming. With the upcoming legalization of cannabis for recreational use by the Federal Government, the sector is expected to grow as producers, manufacturers, and companies from across the value chain embrace opportunities in both the recreational and medical markets.
Where there is opportunity there is also uncertainty. Disruption in the sector is a question of when, not if, as existing companies grow, large adjacent players may enter and the regulatory environment continues to evolve. If you are a cannabis company, an investor or potential investor, you know there are considerable issues and challenges rapidly approaching.
Our dedicated cannabis specialists can help you navigate the road ahead. We will help you identify and secure the right strategies, capabilities, partnerships and tools for success.
For years, registered patients in Canada have had legal access to medicinal cannabis, and if the federal government's plan remains on track for this summer, Canada will become the first G-7 country to legalize adult-use cannabis.
A maturing market brings new realities and signs point to some investor fatigue. Cannabis companies will need to differentiate to win in a crowded market. What's your strategy?
With a market offering plenty of opportunities, cannabis companies will need to understand the difference between critical capabilities and enablers to be able to deliver on their strategy.
Entrepreneurs in the cannabis industry are moving at warp speed to get their businesses up and running in time for the Canadian government’s legalization of adult-use cannabis, creating billions of dollars of value in the process. Most companies however, have failed to implement appropriate technology strategies during this boom, putting much of that equity at risk.
With the current fragmentation in the industry, cannabis companies flush with cash are on a buying spree. Large transformational deals are likely to continue during this phase of the cannabis boom.
With the Canadian government on the verge of legalizing adult-use cannabis and the market expected to open nationwide in October, a day of reckoning may be looming for many players. It’s only by acting now to establish a seamless, efficient and agile operating model that companies will free up the cash and resources they need to stay ahead of rivals.
As Canadian cannabis companies await October 17, 2018 to begin serving local customers, they are already looking over the horizon to international markets. Their pursuit of global opportunities at this early stage carries significant risk, but done correctly, might ensure the long-term success of the business.
When the legal door to recreational cannabis opens across Canada on October 17, scores of companies could see their business plans put to the test. Much of their success will hinge on whether they get their supply chain strategy right.
The revolutionary legislation for the legalization of recreational cannabis is set to be enacted in 2018, compelling Canadian institutions to reshape how they operate legally, socially and economically. To bring this legislation to market in a responsible way, many regulatory and operational changes must be made.
We help you navigate the challenges of the industry and drive your growth agenda, PwC Canada
Email
