Cannabis Canada Weekly: Weedmaps (finally) plays nice in Canada, Canopy continues to shrink
It appears that Weedmaps is finally playing nice in Canada.
One day after the company announced plans to go public through a merger with a special purpose acquisition company, Weedmaps confirmed Thursday that it now requires any Canadian cannabis listings on its web site to include a formal retail licence number. That would essentially stop any illicit operators from offering their products on the company's platform, and ensure that licensed cannabis retailers are able to advertise on Weedmaps without competing with cheaper or unregulated options. "As the rate of cannabis retail licence (approvals) rapidly increases, particularly in Ontario, Weedmaps wants to continue to assist in creating an effective cannabis market in Canada," Weedmaps spokesperson Travis Rexroad said in an emailed statement.
"Part of this effort has included additional steps in our onboarding process to help ensure that the businesses listed on our platform are validly licensed."
The about-face comes roughly three months after BNN Bloomberg first reported that eight Canadian cannabis retailers submitted a letter to the Royal Canadian Mounted Police urging them to enforce illicit market activity on the Weedmaps platform
For the full article check it out at www.bnnbloomburg.ca