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Victor Liu quoted in "Canadians skeptical law enforcement agencies are ready for cannabis", Canadian Lawyer

October-3-2018

Lawyer Victor Liu
Area Cannabis

Details

Excerpt from "Canadians skeptical law enforcement agencies are ready for cannabis", by Alexia Kapralos, Canadian Lawyer:

Victor Liu, a partner at Goodmans LLP in Toronto, says people have valid concerns about fighting off the illegal market. One reason people may still turn to the illegal market is because of accessibility issues — legal dispensaries won’t suddenly be available across the country by Oct. 17.

“People like to have access to products for convenience,” he says.

Cost of product is also a factor in keeping business out of the black market. Liu says that, due to taxes, the potential for additional provincial fees and producer licensing fees, prices won’t be “super low.” High-priced cannabis could potentially drive consumers back to the black market.

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