NICHE this Week: 5 Things You Need to Know
As you kick off the week, here are five things making news in the cannabis industry:
New Blog: Righting the Wrongs of the Past; ‘Do you have a criminal record?’ For the half a million Canadians convicted of cannabis possession-related offences, this question has lifelong consequences. Our latest blog discusses how the government is under pressure to clear these criminal records and right the wrongs of the past.
Cannabis Act News: Health Canada launches public consultations on proposed approach to cost recovery for the regulation of cannabis. The consultation on the proposed approach is open until August 13 – fill out the online form here.
The BC Liquor Distribution Branch has signed MOUs with 31 licensed producers of non-medical cannabis and secured a location for its first BC Cannabis Store within #Kamloops’ Columbia Place Shopping Centre. Read the full news release here.
ICYMI: The BC government has given cities and First Nations new powers to restrict cannabis production on land in the Agricultural Land Reserve. As the Globe and Mail reports, under the new rules, “cement-based, industrial-style, cannabis-production bunkers” can be blocked, but cannabis farming itself can not.
Food for Thought: “Whole plant” harvest could generate up to $10 billion in economic activity over the next 10 years, the government estimates, as the market for CBD — seen as a potential input for medical products, supplements and beauty products — continues to grow. As the Financial Post reports, Prairie farmers growing non-smokable hemp appear set to become major beneficiaries of the new regime.