Cannabis

Question 1

Positive Impacts of Legalization of Cannabis

Answer 1

1) Marked declines in criminal charges.
2) Reductions in stigma.
3) Diversion of revenue to legal market.
—> 3,800 licensed stores.
—> $6 billion in direct annual revenues.
4) Opportunity to shape the product market.

Question 2

Cannabis Act’s Objective

Answer 2

To provide access to a quality-controlled supply of cannabis, to enhance public awareness of the health risks associated with cannabis use, and to protect young persons and others from inducements to use cannabis.

Question 3

Cannabis Policies

Answer 3

1) Advertising and Promotion
2) Price and Taxation
3) Retail and Commercial Environment
4) Product Standards (10 mg of THC/package of edibles)
5) Minimum Legal Age
6) Public Education
7) Labelling and Health Warnings