Cannabis legislation in Ontario expected in late September

Photo by Sandro Schuh on Unsplash

Ontario’s Progressive Conservative authorities is expected to introduce legislation to manage the leisure hashish business in late September, in response to a number of sources with information of the matter.

The legislation could possibly be launched inside days of the beginning of the autumn session on Sept. 24.

Last month the brand new authorities reversed the earlier provincial authorities’s dedication to opening 40 government-owned retail storefronts in the primary yr of legalization, which is about to start Oct. 17.

Ontario’s new retail framework for leisure hashish will begin with online-only gross sales, with privately owned brick-and-mortar shops in place by April.

The sources, who requested anonymity, stated the brand new legislation will probably restrict the variety of shops an organization can personal to a proportion of the general market in order to degree the enjoying area for small companies.

The province can also be expected to take care of management over wholesale, distribution and on-line gross sales.

Farm gate gross sales may be a part of the invoice, which might increase micro-producers.

A supply stated the federal government may goal to move the legislation by the top of November or early December.

Retail licences might then start being issued in January or February.

“A picture is emerging that retail will be fairly wide open with certain geographic restrictions around schools, subject to local acceptance,” the supply stated.

Deepak Anand, vice chairman of Toronto consultancy Cannabis Compliance, expects the legislation to resemble Alberta’s mannequin.

“It would be good for small businesses, as well as large businesses, because it will allow them to sort of bypass the (Ontario Cannabis Store) model” by giving direct entry to clients, he stated.

Speaking on a panel dialogue on the Grow Up hashish convention in Niagara Falls, Melissa Lantsman, vice chairman of public affairs at Hill+Knowlton Strategies, stated she expects the brand new authorities to maneuver shortly on hashish in the approaching weeks.

Lantsman headed the Progressive Conservative marketing campaign conflict room through the Ontario provincial election.

“This is a revenue play for the government,” she stated. “That’s going to impact the cost of licenses and the fact that they don’t want to be on the hook for those brick-and-mortar stores.”

Matt Lamers might be reached at [email protected]

To join our weekly worldwide marijuana enterprise publication, click on right here.


Be the first to comment

Leave a Reply

Your email address will not be published.