They haven’t legalised it yet. It still has to be passed into law.
However - I think it’s far more advantageous for specialist cannabis processors (via our Peak facility) than it is for medicinal cannabis growers.
Firstly we can produce finished products for both Medicinal and Recreational markets. Secondly - we have the skillset to turn green matter into finished products that the consumer cannot make/grow themselves - we also benefit from associated large margins.
In a legalised recreational framework - plants can potentially be grown at home negating the need for major capital intensive indoor growing facilities that are costly to run 24hrs per day. The consumer can potentially shop for the plant variety they like, buy the seeds and cultivate their own (for smoking) at home - legally.
Savvy Non smoking consumers in a legal recreational cannabis framework will be looking for high quality alternative consumption methods… Peak has the solution (gummies, lollies, vapes, beverages…).
