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Canopy Growth Corp
Symbol WEED
Shares Issued 393,347,395
Close 2021-09-27 C$ 18.59
Recent Sedar Documents

Globe/CP say Canopy, rivals hear smoke lounges unlikely

2021-09-28 07:15 ET - In the News

Also In the News (C-ACB) Aurora Cannabis Inc (2)
Also In the News (C-HVT) Harvest One Cannabis Inc
Also In the News (C-OGI) Organigram Holdings Inc

The Globe and Mail reports in its Tuesday, Sept. 28, edition that no province nor territory allows cannabis consumption lounges or cafes yet. A Canadian Press dispatch to The Globe reports that a frustrated cannabis industry has long awaited regulations allowing consumption spaces, but has instead seen little progress and a health crisis extinguish hopes that such laws are nearing. Ontario looked as if it would be the first to allow cannabis consumption spaces, when it solicited feedback from the public before the COVID-19 pandemic. The deadline for that feedback passed more than a year ago, but a press secretary for Ontario Attorney-General Doug Downey said this month that "no changes to the cannabis framework are expected at this time nor is there a current time frame for any additional changes." The outlook is similar in other corners of the country. Most provinces and territories say public consumption spaces are prohibited and many add they are not even under consideration. Hill & Knowlton spokesman Will Stewart, who is working for Canopy Growth's Tokyo Smoke and Harvest One Cannabis, says he has not seen any government effort to assist in the opening of consumption lounges.

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