Canada Legalizes Marijuana Derivatives Today: 6 Things You Need to Know [The Motley Fool]
Constellation Brands, Inc. (STZ)
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Canada Legalizes Marijuana Derivatives Today: 6 Things You Need to Know Cannabis legalization 2.0 is now officially underway. Attention, cannabis stock investors: The big day you've been waiting for in 2019 has finally arrived. One year ago, on Oct. 17, 2018, Canada lifted the curtain on nine decades of recreational cannabis prohibition and allowed for the legal sales of adult-use marijuana. Today, on Oct. 17, 2019, our neighbor to the north will move forward with the next phase of the marijuana legalization process, affably known as " legalization 2.0 ." Namely, the regulations concerning derivative pot products will officially take effect. Derivatives being nondried flower products, such as edibles, cannabis-infused beverages, vapes, concentrates, and topicals. When the Cannabis Act was passed, only dried flower, cannabis oil, and sublingual sprays were initially given a green light. This was done to both expedite the Cannabis Act's approval in Parliament, as well as give regulators
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