Health Canada aims to demand financial information about pot investors to fight organized crime - News Summed Up

Health Canada aims to demand financial information about pot investors to fight organized crime


The plan is Ottawa’s latest move to try and prevent criminal groups from infiltrating the legal cannabis market. “Under the (medical cannabis regulations), there’s no disclosure of ownership and there’s no disclosure of source of funds,” she said. But Fraser isn’t convinced that requiring producers to disclose their investors’ financial information will be any more effective than the previous security clearance proposal when it comes to fighting organized crime. Health Canada is suggesting packages would need to be child-resistant and either opaque or translucent, with only one “brand element” beyond the product’s name. Health Canada has also provided more information about how it plans to regulate micro-cultivators and micro-processors of recreational cannabis.


Source: National Post March 20, 2018 00:11 UTC



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