A “limited selection” of next-generation cannabis products such as edibles will “gradually” hit retail shelves no earlier than mid-December 2019, Health Canada says. A recent report by Deloitte estimated the Canadian market for these pot products is worth about $2.7 billion annually, with edibles contributing more than half of that amount. The major rollout of this next wave of pot products will likely happen further into 2020, said Jefferies analyst Ryan Tomkins in a note to clients before the government announcement. As well, no elements on these products would associate them with alcoholic beverages, tobacco products, or vaping products. Health Canada continues to take a cautious approach which focuses on harm reduction, he added.

Source: National Post June 14, 2019 19:30 UTC