Watching Liberals legislate a business into existence is always ugly.  
First, they have to ensure that loyal Liberals pick up the lion's share of any economic benefit; then they have to see if there is a legitimate concern that might upset the functioning of the existing marketplace, and then they have to deal with any extra-territorial consequences of their attempt to reinvent the marketplace.
It hasn't worked with electricity in Ontario and it seems virtually certain to create a similar incompetence and corruption fuelled fiasco in the pot market.