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Government, industry and consumers gather for CannabisCon

Leaders from some of Canada's largest cannabis companies are in Edmonton this weekend for CannabisCon. Tom Vernon reports – Apr 13, 2018

CannabisCon has taken over Edmonton’s Shaw Conference Centre, educating you on what legalizing marijuana means for new businesses, old businesses and consumers.

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Torsten Kuenzlen, CEO of Sundial Growers and former chief marketing and commercial officer at Molson Coors, thinks Alberta is a great place for the marijuana industry.

“This is going to be a consumer growth industry like any other,” explains Kuenzlen. “Whether that’s alcoholic beverages, non-alcoholic beverages, or even chocolate, we are going to approach it that way. It is a product in demand by millions of Canadian consumers and hundreds-of-millions of consumers around the world, and we found that Alberta is a great place for the business.”

There’s also talk that the alcohol and tobacco industries will be making a move into the cannabis sector and Kuenzlen thinks that would be a positive.

“I think we are only seeing the beginning of where we will be three, five and 10 years from now,” explained Kuenzlen. “I think you’ll see large global cannabis companies, [and though] counterintuitive, you might even see them buy craft brewers or bigger brewers and growers because the revenue and profit opportunity is significant.”
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The two-day conference made a stop in Calgary earlier in the year and had a big turnout.

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WATCH: How Canadians will work in the marijuana industry after legalization

Representatives from all three levels of government and industry leaders are holding panels, information sessions, games and everything else marijuana-related.

CannabisCon wraps up Saturday.

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Recreational marijuana is scheduled to be legalized this year, but no word on an exact date.

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