It’s Official
The Canadian cannabis industry is shifting yet again… and this time, it could cost cannabis retailers tens of millions in losses. As first reported by digital cannabis business magazine MJBizDaily, Health Canada is now asking federally licensed marijuana companies to halt both the production and sales of specific cannabis products.
Why?
Because the regulatory agency deems them incorrectly classified as “extracts” rather than “edibles”. So what’s with this crackdown on cannabis extracts, and why should you be stocking up on your favourites now? Let’s explore.
What is the Difference Between a Cannabis Extract and a Cannabis Edible?
What is the difference between a cannabis extract and cannabis edible? Well, according to Health Canada, nothing. Officially, however, extracts refer to a vast range of products that generally contain a higher level of cannabinoid than what’s found in cannabis plants themselves. Cannabis extracts can broadly vary in both their THC and their CBD concentrations, with some extracts having up to 99% THC (and vice-versa).
A recent letter signed by Anika Stella Chasse, acting director general of the Compliance Directorate in Health Canada’s Controlled Substances and Cannabis Branch, is calling on cannabis companies across the country to stop selling extracts.
“Upon further review of the products in question, Health Canada has assessed that this product is edible cannabis and, consequently, it contains a quantity of THC that exceeds the allowable limit of 10 mg per immediate container,” the letter reads in part. “Health Canada has determined that
Licensed cannabis producers are being directed to notify Health Canada
There are a few months before the new (or rejigged) product regulations come into play so that they can follow the government’s Notice of New Cannabis Product (NNCP) process to adhere to these new regulations.
However, there’s no guarantee that the products will be approved for sale. Meaning? That some of your favourite cannabis extracts may be disappearing for good. Here are two of our bestsellers that we think you should be stocking up on ASAP.