Markham men facing charges after police search licensed cannabis facility in Wainfleet
Police have seized over 1,000 illegal cannabis plants from a grower in Wainfleet.
The OPP and Niagara Regional Police teamed up to execute a search warrant at a Health Canada licensed facility yesterday. They believed infractions were taking place on the property.
During the search officers seized 1,294 cannabis plants worth approximately $1,294,000, 3,852 pounds of processed cannabis worth $3,852,000, and some cash.
Officers have charged 31 year old Wesong Zhang and 37 year old Hui Yun Chen, both from Markham, with harvesting cannabis without authorization, possession of cannabis for the purpose of distributing, and possession of proceeds of crime over $5,000
ROUNDTABLE Chris Richard and Rod Mawhood
The economy added 90,000 jobs in August; 69,000 of these were full-time jobs. Cannabis sales amounted to $3.1 billion in 2020 and analysts project that to grow to $10 billion by 2025 which represents annual growth of about 60% Tim talks to Marvin Ryder, Assistant Professor DeGroote School of Business McMaster University.