Canada’s Pot Flip-Flop Puts Pressure on Upstart Cannabis Stocks15.6

By CCN: Health Canada is fed up with issuing cannabis growing licenses that weren’t actually being used to grow cannabis. As a result, new applicants looking to sell, produce, or process cannabis must already have a complete and compliant facility. The rush to cash in on legalized cannabis, and the ease with which Health Canada licenses could be obtained, led to more than 100 applicants rushing to file paperwork. What Health Canada’s Stunning Policy Reversal Means for Cannabis Stocks Health Canada found it was wasting resources approving licenses when cannabis growers had nowhere to grow: “As a result, a significant

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https://www.ccn.com/canadas-pot-flip-flop-puts-pressure-on-upstart-cannabis-stocks

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