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by Stockwatch Business Reporter
The Canadian Securities Exchange Composite Index rose 2.04 points to 652.21 Friday. In June, Health Canada released regulations for the sale and marketing of the soon-to-be-legalized cannabis edibles, beverages and vaporizers. Under the regulations, edibles can only contain 10 milligrams of THC per package. To put that into perspective, the Vancouver Sun reported in an article dated June 18, 2019, on the same subject that grey market cannabis edibles often contain 50 to 60 milligrams of THC per package. Extract products will also be limited to 10 mg of THC per unit. As far as branding and packaging go, the product must not be appealing to people who Health Canada refers to as "kids." "Kids" appears to mean teenagers and younger, which for some reason Health Canada appears eager to not say. Health Canada was vague on what would be allowed and what would not be allowed, but as an example, it said gummy bears would appeal to "kids," and therefore would not be allowed. Health Canada will evaluate products on a case-by-case basis to determine if they would be appealing to "kids."
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