Lexaria Bioscience Corp (LEXX)

[Shawking]

Extremely important edible rules favorable to Lexaria. If you don't have absorption tech. then your edible product just won't sell. Negotiations underway with 10+ producers!!

https://cannabisnow.com/new-cannabis-contraband-brands-products-now-outlawed-californias-new-rules/
No edibles stronger than 100 milligrams, no edible serving sizes bigger than 10 milligrams.

The biggest changes are to edibles, and one of the most significant limits is on serving sizes. Will we have to say goodbye to Slactavis’s 1500 mg bottles of syrup, 1000 mg bags of Bomb Chips, Kiva’s 180 mg chocolate bars, and Korova’s 300 mg popcorn bags? Quite possibly, yes.

According to the Bureau of Cannabis Control: “Beginning January 1, 2018, licensees shall not transport or sell any edible cannabis product that exceeds 10 milligrams per serving. Adult-use products may not exceed 100 milligrams per package; however, medicinal cannabis products may exceed 100 milligrams per package.”

Seems pretty clear-cut. At the same time, in the same breath, the bureau says it will allow retailers to “sell cannabis products that do not meet the THC limits per package established by the state Department of Public Health” during the six-month transition period.

Whether the edible dose limits drop on Jan. 1 or July 1, THC limits are a significant disruption to most dispensaries’ edibles menus, which are full of products much, much stronger than 100 mg. It appears that as long as products above 100 mg are sold on the medical cannabis market, and as long as they’re somehow clearly identified as products with many multiple serving sizes, they may be allowed. Don’t throw away your medical marijuana recommendation anytime soon — but it gets worse.