Recent poll shows Canadians have low opinion of cannabis industry

A recent poll conducted in Canada by the market research firm Ipsos found that cannabis companies are suffering from extremely low favorability ratings, just ahead of mortgage lenders and tobacco companies and well behind oil-and-gas, carbonated soft drinks, and the alcohol industries.

The past few weeks of tough news for the Canadian cannabis sector probably haven’t helped, to say the least.

Cannabis producer CannTrust’s shares slipped almost 45% this week after a whistleblower told Health Canada, the federal agency responsible for inspecting cannabis facilities, that the company was growing cannabis in unlicensed rooms.

Read more: CBD and hemp startups are using creative loopholes to skirt Facebook’s ad ban. Here’s how they’re doing it.

The whistleblower, a former employee at a CannTrust growing facility in Ontario, told The Globe and Mail that he had been asked by his

... read more at: https://www.businessinsider.com/recent-poll-shows-canadians-have-low-opinion-of-cannabis-industry-2019-7

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