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Drummond said the group wasn’t actively pursuing space in the cannabis industry until the partners met with the CEO and co-founder of Tokyo Smoke and were enamoured with their vision.

“Being comfortable with their business and their team made us want to do business with them,” he said.

Drummond acknowledged there may be some backlash from conservatives in Saskatchewan, but believes that ultimately the province will embrace it and all the positives that come with it.

“It’s an industry that’s going be made available in July and I think a lot of the provinces are taking a progressive approach in preparing for it,” said Drummond. “It’s going to add to the economy, it’s going to create jobs. There’s going to be significant tax revenue.”

For now, the store will only sell accessories and merchandise including in-house designed grinder cards, rolling papers and lighters. The store will also carry Pax 3 vaporizer’s, Genius pipes, Concrete Cat incense and ash trays and more name brand items.

Drummond said once the federal legislation legalizing marijuana comes into effect in July they hope to begin selling cannabis as well, but said it depends on how the provincial government decides to embrace the new law and whether or not it opens up the industry to private businesses or not.

Two other partners have invested in the expansion of Tokyo Smoke — York Plains Investment Group, of which Drummond is managing director, and the Green Acre Capital Fund. He said, not including Tokyo Smoke, the three parties also intend to invest more into the cannabis industry in Saskatchewan when the time is right.