Government review of Cannabis Act drags despite 'sense of urgency' from pot industry

  • 📰 TheTorontoSun
  • ⏱ Reading Time:
  • 75 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

When Canada legalized recreational cannabis in 2018, there were still many unknown implications for health care and the country at large.

When Canada legalized recreational cannabis in 2018, there were still many unknown implications for health care, industry and the country at large. So the government made a promise: after three years, it would review the law to ensure its policies worked.

Members of Smitherman’s council were among the 500 people from 200 organizations, who spoke to the five Cannabis Act review panelists about the law’s successes and failures. Beena Goldenberg, the chief executive of Moncton-based licensed producer Organigram Holdings Inc., wants federal and provincial governments to rethink the excise taxes charged to pot producers.

Other retailers told the government panel they want to be able to label products that come from a family-run company, are made with organic ingredients or are sun-grown. Some say they should to be able to promote pot as freely as tobacco or alcohol companies market their products.

And the medical community is insistent changes shouldn’t come at a cost to public health. Many remain supportive of the cautionary approach to cannabis the country took. Some want even stricter limits on who can possess, distribute and buy pot, the government’s report said.They’re being cautious in part because the Canadian Institute for Health Information has said cannabis-related emergency department visits and hospitalizations both increased 14 per cent between 2019 and 2021.

“Last year, our government announced the launch of the legislative review of the Cannabis Act,” Christopher Aoun said in an email.Goldenberg suspects convincing the government to make changes won’t be a speedy process and she worries some companies won’t survive the wait because many are already on the brink of bankruptcy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 23. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Government review of Cannabis Act drags despite 'sense of urgency' from pot industryTORONTO — When Canada legalized recreational cannabis in 2018, there were still many unknown implications for healthcare, industry and the country at large. ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Government review of Cannabis Act drags despite 'sense of urgency' from pot industryTORONTO — When Canada legalized recreational cannabis in 2018, there were still many unknown implications for healthcare, industry and the country at large.
Source: SooToday - 🏆 8. / 85 Read more »

Government review of Cannabis Act drags despite ‘sense of urgency’ from marijuana industryCannabis stakeholders are preparing to mark the fifth anniversary of recreational pot legalization Tuesday and worry the longer they wait for regulatory change, the more the industry will struggle
Source: globeandmail - 🏆 5. / 92 Read more »

Government review of Cannabis Act drags despite 'sense of urgency' from pot industryWhen Canada legalized recreational cannabis in 2018, there were still many unknown implications for health care and the country at large.
Source: calgarysun - 🏆 63. / 52 Read more »

Pot industry calls for greater urgency in review of Cannabis ActAs the fifth anniversary of recreational pot legalization approaches, cannabis stakeholders worry the longer they wait for regulatory change, the more the industry will struggle.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Cannabis shops in Canada lucky to be in business amid competition, advertising rules and THC limitsAcross the country, a patchwork of laws and regulations created inconsistencies, which has produced two tiers of cannabis shops, the executive director of the Retail Cannabis Council of B.C. said
Source: globeandmail - 🏆 5. / 92 Read more »