Canopy shuts the joint down: Was a dream of industrial cannabis in N.L. just a puff of smo…

The launch of legal cannabis sales in St. John’s attracted international media attention. (CBC)

There was something in the air — yeah, it was probably what you think, but also a sense of excitement and maybe even a little history — when the first retail weed was legally sold in Canada.

News cameras were there in October 2018 to catch the lineup at the Tweed store on Water Street — not the type of retailer that the downtown St. John’s merchants of decades past would have predicted, but times had changed.

Right after midnight on Oct. 17, time zones made it possible for Tweed and its local competitors to be the first in Canada to start ringing in sales.

Soon after, a ceremonial sod-turning happened in another part of St. John’s, as another national company — Canopy Growth — showed it was at the forefront of a newly legal industry.

Canopy made news this week when it pulled the plug on five locations across the country, including a plant in St. John’s that it finished building but never opened.

That tired real estate cliché — location, location, location — popped in my mind then when Canopy Growth decided to put a production plant right next to the dump in St. John’s.

WATCH | Canopy Growth’s decision provoked some strong decisions at the House of Assembly:

Canopy Growth is folding in several provinces, including Newfoundland and Labrador…

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