Marijuana Investors’ Guide to Canada Cannabis Regulations

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As Canada moves closer to introducing legal recreational cannabis, investors in marijuana begin to see the outlines of regulations within the provinces

 

With just months to go until recreational marijuana sales are scheduled to be legal across Canada (on Nov. 29 the House of Commons passed Bill C-45, which legalizes cannabis; now the Senate must pass the bill before it becomes law in July) regulators are beginning to shape how commercial cannabis will look in their provinces. While cannabis will be legal in every province, the rules surrounding cannabis will vary from province to province. As we march towards legalization, we all should play close attention to how regulations are firming up in the provinces. For investors in marijuana, the shape and scope of the provincial regulations will be paramount.

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Ottawa Makes Smart Move With Edibles

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We already know what Canadians are puffing —among others, we reportedly love the cannabis strains Romulan (created in British Columbia) and Lowryder, which thrives in cooler climates.

But soon, we will know what kinds of cannabis treats Canadians are nibbling, too.

In a pivot that we champion, Ottawa announced this month that it no longer plans to ban edible cannabis products from store shelves in Canada. We won’t see edibles until a year after recreational sales are legal, which is scheduled for July 1 of next year. But at least we are on the proper path.

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