Canopy Growth CEO Says Lines Are Around the Block for Cannabis

Canopy Growth CEO Says Lines Are Around the Block for Cannabis

Assessment

Interactive Video

Business

University

Hard

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The video discusses the rise in prices compared to the black market and highlights the benefits of regulated markets in Canada, including better product quality and safety. It outlines the strict regulations and penalties for illegal activities, emphasizing the government's role in education and regulation. The speaker predicts that demand and sales will stabilize by early 2019, with increased access and a broader product range expected to drive further demand.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the issues associated with the illicit market mentioned in the video?

Limited product variety

Lack of customer service

Higher prices than the legal market

Quality and safety concerns

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures has the Canadian government implemented to combat the illicit market?

Advertising campaigns for legal products

Increased taxes on legal products

Subsidies for legal market participants

Punitive measures for landlords and sellers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the demand and sales expected to normalize according to the video?

Late 2019

By the end of 2018

Early 2019

Mid 2019

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected to happen in the second half of 2019 according to the video?

Reduction in store openings

A decrease in product variety

A decline in market demand

Introduction of new products like vapes and edibles

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the introduction of new products expected to affect the market?

It will have no impact

It will decrease demand

It will drive more demand

It will stabilize the market