Description: Roughly 100 years after it was criminalized, later this week the Canadian government is ending its ban on marijuana. The provinces have developed various retail methods to place the product in the hands of consumers. But when the doors open on October 17, some are predicting product shortages. Part of the problem is a labour shortage.
Date: October 12, 2018
1) What do you think of Canada’s move to become one of the few nations to legalize marijuana?
2) How do you think Canadian governments should disclose the revenues and expenses associated with this new program in their financial statements?
3) The article notes there are supply chain problems in the marijuana category? Find the definition of “supply chain” in Wiley’s Managerial Accounting: Tools for Business Decision-Making.