B.C. dispensaries embrace fines to keep making a profit

The growth of B.C. marijuana dispensaries is a unique test tube of market forces, UBC professor and cannabis researcher Zach Walsh told Yahoo Finance.

“People seem to be concerned there’s too many of them but I don’t see why the market wouldn’t take care of that,” said Walsh.

Walsh gave the comments in light of plans by unlicensed Vancouver dispensaries to accept daily fines as a result of a new bylaw while waiting for the federal legislation on recreational pot to take effect in April 2017.

In another interview with News 1130, Walsh said that researchers expect legalization could stimulate research on marijuana’s therapeutic uses.