05:34:10 EDT Thu 25 Apr 2024
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Aurora Cannabis Inc
Symbol ACB
Shares Issued 998,596,023
Close 2019-03-05 C$ 10.80
Market Cap C$ 10,784,837,048
Recent Sedar Documents

FP says Hexo, rivals see regulations on edibles panned

2019-03-06 09:01 ET - In the News

See In the News (C-HEXO) Hexo Corp

The Financial Post reports in its Wednesday, March 6, edition that edible cannabis, which includes beverages, will be legally for sale by October, 2019. The Post's guest columnist David Clement writes that Ottawa's draft regulations for edibles are riddled with problems, but some of the most glaring problems concern regulations on cannabis-infused beverages. With no combustion and additional harm from smoking, cannabis beverages are a safer alternative than what we have now. This is a huge win for consumer choice. These new products have not yet received the green light in Canada, and that means they could still be ruined by over-regulation prior to them ever being legal. These beverages will be required to be plain packaged. Changes are needed to be made provincially regarding where cannabis-infused beverages can be consumed. Provincial amendments should be made to allow for these products to be purchased and consumed anywhere that alcohol is permitted. Cannabis-infused beverages have the potential to be one of the safest and most popular methods to consume cannabis, but that is only possible if legislators do not ruin these beverages with too much regulation before they even become legal.

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