10:04:00 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,014,099,913
Close 2019-06-17 C$ 10.16
Market Cap C$ 10,303,255,116
Recent Sedar Documents

Globe says Aurora, rivals see fun taken out of edibles

2019-06-18 07:28 ET - In the News

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The Globe and Mail reports in its Tuesday, June 18, edition that when Ottawa pushed ahead with legislation to legalize recreational pot a few years ago, many Canadians felt as if it was the first invitation to a giant festival with great music, dancing and fun. The Globe's guest columnist Sylvain Charlebois writes that after the final regulations regarding cannabis-infused edibles were released on Friday, it now feels more like a day of bingo at a dingy rec hall, especially for the industry. More than 7,000 documents were submitted to Heath Canada (HC) in the 60-day consultation period after it released its draft regulations for edibles last December, but it appears that most recommendations were overlooked. HC is clearly taking a risk-averse stance. By isolating edibles from other products in the manufacturing, selling and promotion of food, it is clear that this government considers pot edibles to be a drug instead of consumable fare. HC is targeting industry, as it should, but its heavy-handed approach could end up generating more risks for consumers eager to try these new cannabis products. The Canadian Food Inspection Agency will not be involved in ensuring that industry remains in compliance.

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