RB-SB-ALBERTA-CANNABIS-0603 Shaun Baid an accountant who was laid off last year amid the energy sector downturn, is now working with three partners to open a cannabis retail store in Calgary, Alberta, Friday, May 18, 2018.Todd Korol/The Globe and MailTodd Korol
Alberta poised to lead Canada’s retail cannabis sector amid impending federal legalization
New entrepreneur Shaun Baid is feeling excited about his prospects these days. Mr. Baid, a Calgary accountant who was laid off last year amid the energy sector downturn, is now working with three partners to open a cannabis retail store.
“It’s super exciting times, all across the country, but especially here in Alberta,” said Mr. Baid, chief financial officer of Kush Collective. “It feels like Alberta is where this whole gold rush is going to happen.”
That’s because Alberta’s NDP government has adopted a private model for cannabis retailers, following in the footsteps of the province’s private liquor retail model. (Online cannabis sales will be government-run in Alberta.) Full story
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