Canada on Monday launched a public consultation seeking to tighten rules for individuals who are allowed to grow their own medical cannabis, in an effort to clamp down on pot seeping into black markets. In draft guidance issued for the consultation, Health Canada highlighted recent police raids and arrests at production sites where people were using licenses to “cover and support large-scale illegal production and sale.” The move comes as Canada tries to fix its ailing pot market, where illegal producers sell more annually than hundreds of licensed cultivators, even over two years after the country became the first major nation to legalize weed in 2018. Households spent more than C$3.1 billion ($2.45 billion) buying non-medical pot from illicit channels last year versus C$2.9 billion of legal purchases, according to Statistics Canada data.

Shariq Khan, Business & Financial News, U.S & International Breaking News | Reuters, 03/08/2021 07:12:00

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