It is more than four months since Canada legalized recreational cannabis but entrepreneurs acting within the law in that sector continue to face hurdles and discrimination when looking for a financial institution.
“It’s very frustrating,” said aspiring cannabis-sector entrepreneur and Phytron Technologies Inc. CEO Bob Potter. “How can companies attract outside money if they can’t deposit it in a secure financial institution? Do they keep the cash in a shoebox under the bed?”
The answer to that question largely depends upon how you choose to consume cannabis. Dr. Robert Mann – a senior scientist at the University of Toronto’s Centre for Addiction and Mental Health – says smoking or vaping cannabis is a “very efficient way to get the drug into your bloodstream.” He says that according to his research most people will reach the peak of their high about five minutes after they’ve smoked a joint.
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