On November 21, 2017, the Canadian Government released a consultation paper that contains regulatory proposals for the implementation of legal recreational cannabis. Although Bill C-45, the Cannabis Act, (the "Act") is a comprehensive piece of legislation, many of the key elements of the new law will be contained in the regulations which have yet to be drafted.
Although the Government has indicated that the regulatory proposals are not necessarily representative of the final views of the Governor in Council, the Minister of Health or the Government of Canada, they do provide significant insight into what the cannabis regulatory regime may ultimately end up looking like. The Government launched a 60-day consultation paper to solicit feedback from stakeholders and interested parties. The deadline to provide written comments and responses to the consultation paper is January 20, 2018.
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Originally published in CannaInvestor - January 2018 edition.
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