11:57:52 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Emerald Health Therapeutics Inc
Symbol EMH
Shares Issued 136,857,973
Close 2018-10-15 C$ 5.10
Market Cap C$ 697,975,662
Recent Sedar Documents

Van Sun says Aphria, others hear dispensaries warned

2018-10-16 09:04 ET - In the News

See In the News (C-APH) Aphria Inc

The Vancouver Sun reports in its Tuesday edition that pot dispensaries which hope to get new government licences would be well advised to sell off their existing supply of cannabis and shut down by Wednesday until they receive official permission to operate, says the province's marijuana minister. The Sun's Rob Shaw quotes Solicitor-General Mike Farnworth as saying, "My advice to them is that there are new rules coming in place on Oct. 17 and they should start to abide by those rules." There will only be one legal marijuana store open on Oct. 17 -- a government retail outlet in Kamloops. The province will also sell marijuana on-line. While 173 private stores have applied for licences, only 62 of those have been found to be complete enough to move to the stage where local governments will consider them for approval. The B.C. government has said any private store will require approval by a local council, and that the municipal election on Oct. 20 has slowed this process. Existing marijuana stores, which are already operating in a legal grey area, will have to decide whether to close Wednesday when cannabis becomes legal. Many say they will close, but others have indicated they will continue operating illegally.

© 2024 Canjex Publishing Ltd. All rights reserved.