InvestorsHub Logo
Followers 10
Posts 388
Boards Moderated 0
Alias Born 12/27/2017

Re: None

Friday, 02/23/2018 6:27:55 PM

Friday, February 23, 2018 6:27:55 PM

Post# of 4047
Canadian Senate set to vote on Canaibis measure on June 7, 2018

https://norml.org/news/2018/02/22/canada-timeline-for-start-of-retail-cannabis-sales-delayed

Canada: Timeline For Start Of Retail Cannabis Sales Delayed

Thursday, 22 February 2018

"Canada: Retail Cannabis Sales Delayed
Ottawa, Canada: Retailers will be unable to begin legally selling marijuana products to consumers until late summer or early fall, according to Canadian news reports. Lawmakers had initially sought to begin regulating the adult use marijuana market by July 1.

In November, members of the House of Commons voted 200 to 82 in favor of Bill C-45 (The Cannabis Act), which amends the federal Controlled Drugs and Substances Act so that those over the age of 18 may legally possess, purchase, and grow personal use quantities of cannabis. It also establishes rules and regulations governing the commercial production of retail cannabis products.

Members of the Senate are now set to vote on the measure on June 7. If passed, retail sales would be expected to begin within eight to twelve weeks."




Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.