Reuters, TORONTO and OTTAWAOntario unveiled plans on Friday to sell recreational marijuana through government-run stores and online, choosing a monopoly model it hopes will stamp out a proliferation of illegal stores and the broader black market. “I don’t think 40 stores will replace that demand,” PI Financial Corp analyst Jason Zandberg said. Ontario Minister of Finance Charles Sousa said he expects revenue from marijuana to be modest initially and grow over time. The minimum age for recreational marijuana use, purchase and possession in Ontario is to be 19. The federal government’s plans, which are to be reviewed by lawmakers when they return to parliament later this month, would make Canada the first G7 country to legalize recreational marijuana use nationally, and second in the world after Uruguay.

Source: Taipei Times September 10, 2017 15:56 UTC