The Federal Government has set a date for the legalization of recreational marijuana.
Today, during question period, Prime Minister Justin Trudeau told MPs that marijuana will be legal in Canada as of October 17. The delay gives provinces and territories time to prepare for when pot hits store shelves.
The Government of Newfoundland and Labrador released its marijuana legislation back in May. The NLC will be in charge of pricing marijuana products, and will be allowed to sell up to 30 grams at a time to people 19 years of age and older.
People will be allowed to carry up to 30 grams of cannabis at a time in the province, will have the right to grow up to four marijuana plants in their homes, and will be allowed to share cannabis with one another.
The House of Commons rose for the summer break today.
The Senate voted last night 52 to 29, with two abstentions, to pass the Trudeau government’s Bill C-45 and lift the 95-year-old prohibition on cannabis.
People in this province will be allowed to carry up to 30 grams of cannabis at a time and will have the right to grow up to four marijuana plants in their homes.
Finance Minister Tom Osborne says government is ready to adapt to whatever Ottawa puts into action, and although government doesn’t have all the answers, it will remain flexible to deal with a new industry.
Last week, a retailer in the process of getting a license to sell cannabis raised some concerns over commission rates. Thomas Clarke plans to open a pot shop in Portugal Cove-St. Phillip’s, and says the eight per cent commission fee means he would have to sell $375,000 in cannabis products per month to squeak by.
Osborne says everyone is learning when it comes to legalized cannabis, including government, and he’s working to put the best policies forward for the benefit of the province.
He says the eight per cent commission was based on the rate for alcohol retailers, and they’ve been successful for decades.
Osborne says government will wait to see if the same works for cannabis, but if 22 out of 23 retailers do well, then the question answers itself.