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Tag Archives: Government

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FSD Pharma welcomes legislation to allow private retail of cannabis in Ontario

FSD Pharma welcomes legislation to allow private retail of cannabis in Ontario
Ontario-based FV Pharma intends to operate one of the largest production facilities in North America, with plans to hire 1,500 employees over the next several years. The Company purchased the former Kraft plant in Cobourg in 2016 and expects to utilize the entire 3.8 million square foot facility for the production of various strains of cannabis, including many ancillary products. The company anticipates reaching full production capacity by 2021, with retail being a key element of the Company's growth.
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DEA Clarifies Stance: CBD Is Not Prohibited

DEA Clarifies Stance: CBD Is Not Prohibited
The DEA agrees that the CSA targets marijuana specifically because of the psychoactive properties found in THC, its primary active ingredient. Because THC is an intoxicating agent, and CBD is not, the DEA now sees fit to clarify that
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Complete Cannabis Guide #4: Provincial Regulations In Canada

Complete Cannabis Guide #4: Provincial Regulations In Canada
In our "5 Predictions For the Cannabis Industry", one of the predictions we made was that provincial supply agreements will take over licensed capacity as the most important driver for revenue profitability. We think supply agreements are important because cannabis will still be a somewhat "controlled" product given that procurement and retailing will be regulated on a provincial level. Investors need to understand the provincial plans because provinces will be the ones that determine the distribution and final sales of marijuana across Canada. Federal legalization is essential, but it is provincial plans that dictate the profitability and the future of cannabis companies
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