13:06:22 EDT Thu 28 Mar 2024
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Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,020,049,356
Close 2019-08-26 C$ 7.68
Market Cap C$ 7,833,979,054
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Globe/CP say Aurora has "gummy game plan"

2019-08-26 06:59 ET - In the News

The Globe and Mail reports in its Monday edition that cannabis-infused gummies in bright colours and in the shape of animals are among the best-selling edible pot products on the black market, but Canadians should not expect them on the shelves. A Canadian Press dispatch to The Globe says regulations that will make edibles legal come into force Oct. 17. The rules laid out so far are aimed at keeping the new pot products out of the hands of kids and stipulate they cannot be seen as "appealing to young persons," but Health Canada has yet to provide additional details on exactly what crosses the line. THC-infused gummy bears are unlikely to be among the new products set to hit legal shelves as early as December. Cam Battley at Aurora Cannabis said the licensed producer agrees with the government's overall objective, but there remains a "lack of clarity" on exactly what is permissible. Still, he said, the Edmonton company has a gummy game plan, but would not go into specifics. "We're confident that we have a strategy that will successfully thread that needle, supporting the policy objectives of migrating those patients over to the legal system, but at the same time not being attractive to children," Mr. Battley said.

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