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New Canadian cannabis regulations to streamline ailing industry

The Canadian federal government is putting forth numerous amendments to cannabis regulations to reduce red tape for new and existing businesses.

As outlined on Saturday in the latest edition of Canada Gazette – the federal government's official newspaper – the proposed changes will represent approximately C$41 million in annualized net savings across administration and compliance, including:

  • Allowing lids and containers of cannabis products to come in different colours, enabling transparent packaging and the use of QR codes.
  • The ability to package multiple products together, subject to certain requirements, allowing cannabis companies to sell edibles with higher unit counts.
  • The legalization of cannabis pollen sales and distribution.
  • Eliminating the need to provide the government with paper copies of product information sheets.
  • Eliminating the need for companies to notify the government about promotional efforts, cultivation waste and every new cannabis product they intend to sell.

Read more at stockhouse.com

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