Cannabis Industry Needs to Step Up as Canada Prepares to Review the Effects of Legalization

Article by Pierre Killeen, Regina Leader-Post

TrendsPoliticsNewsLegislationLegalizationHealthExpertsBusinessBill C-45 Cannabis industry needs to step up as Canada prepares to review the effects of legalization The industry would be wise to prepare to defend legalization’s record on public health, youth consumption, and Indigenous communities Author of the article:Pierre Killeen Smoke lingers over Parliament Hill as people smoke marijuana during the annual 4/20 rally on Parliament Hill in Ottawa, Ontario on April 20, 2018. PHOTO BY LARS HAGBERG/AFP VIA GETTY IMAGES

These are challenging times for the cannabis industry — public company stock prices are sagging, unsold inventory is growing, and Cannabis 2.0 feels more like Cannabis 1.1.  Struggling to achieve its pre-legalization promise, Canada’s cannabis industry is pinning its hopes on the coming review of the Cannabis Act (C-45) as an elixir for some of its ailments.

To follow through with the original legislation, the Act is set to be reviewed every three year years, wherein, the federal government will then be given recommendations on what are the changes required to achieve legalization’s overall objectives such as job creation, eliminating the black market, achieving safety and health objectives and maintaining a global standard.

Read the full article here.

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