NICHE this Week: 5 Things You Need to Know

By NICHE Canada

As you kick off the week, here are five things making news in the cannabis industry:

  • New Blog: BC Finance Committee Recommends Medical Cannabis be Exempt from PST; Will BC move to exempt medical cannabis from sales tax? It will if the government listens to a recent recommendation from its Finance Committee.
  • “We haven’t disrupted the black market significantly at this point, but that was to be expected.” One year after cannabis legalization, industry watchers say cost, location and choice are to blame. The CBC has the details.
  • As of October 17, three new types of cannabis products are no longer illegal. However, as the CBC reports, edibles, extracts and topicals won’t be available for legal purchase until mid-December at earliest. Here’s what consumers and parents need to know about edibles.
  • ICYMI: “I’ll be honest, I’ve become very cynical over the past year.” Experts say that onerous regulations and insufficient funding are holding back cannabis research in Canada. As the CBC reports, researchers say that Health Canada systems are slow and work on abuse is better funded than medical research.
  • Researchers at the University of Ottawa are developing a hand-held device they hope will revolutionize cannabis production by giving growers the ability to test the ratio of THC to CBD in their plants. As the CBC reports, researchers hope easy-to-use technology will appeal to industry and home-growers alike.