• Niche Canada

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: To Fee or Not to Fee? Health Canada Launches New Plan to Recover Costs; Health Canada is seeking input on its new plan to recoup about a $100-million per year from the cannabis industry and we delve into the implications of this new proposal.

  • How will Public Consumption Regulations Impact You? Public consumption and the regulations around how and where Canadians can legally consume cannabis is sparking a lot of debate in cities across Canada. In our latest blog, we look into the different options being considered.

  • Food for Thought: Health Canada warns cannabis companies against sponsoring music festivals and promoting cannabis; As the Ottawa Citizen reports, the government says companies that break regulations against advertising will face “serious consequences” that could include licence suspensions, fines as high as $5 million or jail time.

  • ICYMI: Manitoba announces multiple taxes on legal cannabis; The CBC discusses the provincial plan which will see markups of 9 per cent and 75 cents on cannabis; plus retailers will have to pay 6 per cent of revenues.

  • “Canada is going to lead this industry globally," says David Purcell, director of emerging business, at BC’s Kwantlen Polytechnic University. Maclean’s Magazine takes a look at the post-secondary institutions that can help you find a job in the cannabis industry.