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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

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Post by DiabloD42on Mar 22, 2017 11:35am
113 Views
Post# 26014008

Recreational pot sales in Alberta likely coming next year,

Recreational pot sales in Alberta likely coming next year,

Recreational pot sales in Alberta likely coming next year, justice minister says


BY GORDON KENT

FIRST POSTED: 

| UPDATED: 
pot

Alberta should have regulations in place to allow recreational marijuana sales next year, Justice Minister Kathleen Ganley said Tuesday.

The federal government has vowed to introduce legislation this spring to legalize pot, but Ganley said packaging, distribution, zoning, building codes and other details must be worked out before people can smoke and eat cannabis in the province without breaking the law.

"I'm not sure whether that has yet penetrated the public's consciousness fully. There's an enormous amount of work that has to be done," she said following a speech to the Alberta Association of Municipal Districts and Counties convention in the Shaw Conference Centre.

"We're preparing to have our decisions made within a year. A little bit more time would be better."

One concern is ensuring pot products don't attract children. For example, eating the drug is popular in Colorado, which Ganley visited last fall to see how its legal cannabis system works, so the state insists pot gummy candies can't be in kid-friendly animal shapes.

She also wants to ensure products contain "reasonable" levels of THC, the chemical responsible for most of marijuana's psychological impact, and labels are accurate.

"Otherwise, you can get some really unfortunate effects."

Association president Al Kemmere said his group wants the federal and provincial governments to help municipalities with the increased cost of enforcing bylaws related to the recreational marijuana industry.

Kemmere is a councillor in Mountain View County north of Calgary, site of Alberta's only medical marijuana production facility, which has zoning approval for a major expansion.

The owner, Aurora Cannabis Inc., is also building a giant 75,000-square-metre facility near the Edmonton International Airport in a move the company has said is intended to cash in on the country's looming recreational smoke business, as well as the growing medical field. 

Kemmere said his board wants the province to change its rules similar to moves in B.C. so municipalities can derive more taxation from such operations, which are now considered agricultural.

"It's easy to say we're going to legalize it, but how do you build the regulations around this? I think it's going to take a collaboration of all three levels of government."


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