- The Canadian federal government is putting forth numerous amendments to cannabis regulations to reduce red tape for new and existing businesses
- The proposed changes include more consumer-friendly packaging and doing away with redundant oversight measures
- If passed, the amendments are estimated to yield C$41 million in annualized savings
- Some of the largest Canadian cannabis stocks had a mixed reaction to the news
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,…
