Canada's first year of legalized cannabis has seen significant industrial development and investment, a range of regulations to licence consumer outlets, a shortage of supply due to inadequate production, and a persistent black market that complicates the landscape. What can be learned from this year? What can be applied to the next stage of legalization? What are the key pieces of advice for businesses to thrive in this environment? Our expert panel examines the opportunities and challenges and provides insights into the most likely successful next steps.