At this point, we have no idea how the
government will control the sale of legal pot. Will we be able to buy it
at gas stations or grocery stores like cigarettes today? Or will the drug only
be sold at special dispensaries like in the U.S.?
One Canadian retailer that looks poised to carry
medical marijuana no matter what happens is Shoppers Drug Mart. The division
of Loblaw Companies Limited (TSX:L) has already applied to Health Canada for a license to stock the stuff
in its pharmacies. If this gets approved, Shoppers will be the first major
pharmacy chain to carry medical marijuana.
There's another way both Loblaw and Shoppers can
benefit from greater marijuana use. After smoking, many people will go to the
snack aisle and load up on high-margin chips, chocolates, and other treats.
https://www.fool.ca/company/Loblaw+Companies+Limited/?ticker=TSX-L
