OrganiGram Holdings Inc T.OGI

Alternate Symbol(s): OGI

Healthcare Cannabis

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing cannabis for patients and adult recreational consumers, as well as developing international business partnerships. It has also developed and owns a portfolio of legal adult-use recreational cannabis brands, including Edison, Holy Mountain, Big Bag O’ Buds, SHRED, SHRED’ems, Monjour, Laurentian, Tremblant Cannabis and Trailblazer. It operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. 10870277 Canada Inc. is a special purpose holding company for the Company. EIC is a cannabis processor of confectionary goods.

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OrganiGram Holdings Inc

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Post by Valfromvanon Mar 22, 2017 3:09am

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Post# 26012032

McLellan: Government wants legalization running

McLellan: Government wants legalization running “no later than 6 months before the next election”

McLellan spoke yesterday at a private meeting held by Bennett Jones LLP

By Lift Staff

March 1, 2017

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In a private meeting yesterday in downtown Toronto, the Honourable Anne McLellan, Chair of the government’s Task Force on Cannabis Legalization and Regulation, spoke with various stakeholders in legalization to provide updates on the process and timeline.

McLellan, who is also a Senior Advisor at Bennett Jones LLP, an international law firm based in Canada, spoke at the Bennett Jones office in downtown Toronto, along with Hugo Alves, a Senior Partner at BJ. Bennett Jones also represents numerous businesses operating in Canada’s medical cannabis space.

Mclellan told attendees to expect legislation earlier than later, and that the government wants legalization in place “no later than six months before the next election”.

Key points from the meeting are below.

Expect the legislation earlier rather than later. Spring window is April-June. McLellan was confident it would be on the early end of this window.
Government wants legalization/adult-use running “no later than 6 months before the next election.”
“Regulation is the hard part, not the legislation.”
Normal track for all this could take 18-24 months.
US does not impact what’s happening in Canada (unless they wants to make problems). There are certainly some concerns with what the feds will do south of the border, but McLellan was quite clear that it should make no impact on our goal of legalizing and restricting access.
Clarity on advertising restrictions. McLellan reiterated the Task Force’s recommendation of plain packaging, but then went on to say that in-store advertising is allowed.
Licensed Producers will be the legal producers in a recreational market.
Provinces want the Federal Government to handle production regulation. But they want to take the reigns around distribution and retail.
Most contentious issue will be around driving under the influence. McLellan expects this to be the single largest hurdle for legalization. A recent study suggests “Oral measurement of THC intoxication level is not feasible.”