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Stock impact report

Health Canada to allow some edible cannabis products starting mid-December [Reuters (UK)]

Neptune Wellness Solutions Inc. - Ordinary Shares (NEPT) 
Company Research Source: Reuters
Health Canada to allow some edible cannabis products starting mid-December - Reuters 2 Min Read (Reuters) - Health Canada said on Friday that some edible cannabis products, extracts and topicals would be sold in physical or online stores from mid-December. The amended cannabis regulations will come into force on Oct. 17, the health regulator said, adding that cannabis producers with federal license will need to provide a 60-day notice of their intent to sell new products, as they are currently required to do. “We think these new product forms are going to accelerate the shift away from black market into the legal market,” said Martin Landry, chief of corporate development & strategy at Neptune Wellness Solutions Inc. The Canadian firm specializes in the extraction, purification and formulation of cannabis products. “They are critical for the legal market to capture a bigger part of the consumer spending,” Landry said. The amendments will also limit the amount of tetrahydrocannabinol ( Show less Read more
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