Ex-Liberal CFO Rifici launches new cannabis venture

TORONTO — Marijuana industry pioneer Chuck Rifici is turning to streaming — a business model often used in mining — to tackle what he says are growing pains facing the rapidly expanding sector.

There are 1.4 million square feet of licensed medical marijuana production facilities in Canada, says Rifici, one of two co-founders of Tweed Marijuana Inc., now a part of Canopy Growth Corp. (TSX:WEED). That’s about one tenth of what will be needed to satisfy demand once the drug is legalized for recreational use, he says.

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... read more at: https://ipolitics.ca/2017/05/08/ex-liberal-cfo-rifici-launches-new-cannabis-venture/