New 12-page report assessing the Canadian cannabis outlook

EY, a global leader in assurance, tax, transaction and advisory services, issued a 12-page report assessing the Canadian cannabis outlook, “How do you define your future in an undefined market?”. The firm suggests that “only a handful of LPs are expected to thrive post-legalization”, pointing to the need of the LPs to accelerate their operations. Some of the areas of focus should be hiring, achieving differentiation, establishing risk-management procedures, creating brand awareness and developing a sustainable cost structure.

It also includes an interview with Bruce Linton, CEO of Canopy Growth (TSX: WEED) (OTC: TWMJF), who describes most LPs as not interested in building long-term sustainable businesses.

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