The federal government today released the results of its public consultation on the legalization of pot and revealed its proposals for how recreational cannabis will be packaged and regulated.
Sandoz Canada Inc. is partnering with B.C. cannabis company Tilray to develop and distribute medical marijuana products, signalling the first deal between a major pharmaceutical company and a Canadian cannabis producer.
George Hartner says Saskatchewan’s regulatory framework for cannabis, released Wednesday, takes a free market approach that could allow major pot producers to take control of the commercial supply chain all the way down to the retailers. That’s largely because there aren’t restrictions on producers also being retailers, or selling their own product.
‘We’re looking to make sure that there is a supply in place,’ said minister John Streicker.
“I don’t believe in the government sticking their hands in our lives all the time. I believe in letting the market dictate,” he told CBC Radio’s Ottawa Morning on Tuesday.
Canopy Growth Corp. says it has picked the location of its cannabis production facility in Newfoundland — but isn’t yet ready to reveal where.
“You’re leaving a lot of people in a place where they can legally grow this product, can legally carry this product, can legally purchase this product, but there’s not a lot of places for them to legally consume it,” said Dan Rowland, a consultant with Alberta-based 420 Advisory Management.
Canada fell to a surprise second place behind the United Kingdom in 2016 legal cannabis production, according to an International Narcotics Control Board report issued last week.
Brad Callihoo, CEO of the Fort McMurray #468 First Nation, said his band wants to diversify its business interests away from oil and gas development.