OTTAWA, Oct. 5, 2018 \/CNW\/ – The Cannabis Act<\/em> will come into force on October 17, 2018. The Act aims to\u00a0keep cannabis out of the hands\u00a0of Canadian youth and the profits away from criminals and organized crime.<\/p>\n[\u2026\u2026]<\/p>\n
\n- In the Fall Economic Statement 2017, the Government announced $546 million over five years to ensure appropriate capacity to license, inspect and enforce all aspects of the Cannabis Act<\/em> and to undertake robust public education and awareness activities.<\/li>\n
- The cost-recovery approach is guided by the principle that fees should allow for both larger and smaller players in a diverse market. Through this approach, Health Canada will collect no more than the cost of delivering the regulatory program.<\/li>\n
- Cost recovery for the regulation of cannabis includes four fees:<\/li>\n<\/ul>\n
\n- Application screening fee: recovers the costs associated with screening new licence applications ($3,277 for standard licence applicants and $1,638 for micro and nursery licence applicants);<\/li>\n
- Security clearance fee: recovers the costs associated with screening, processing, and issuing or refusing security clearances ($1,654);<\/li>\n
- Import\/export permit fee: recovers the costs associated with screening, processing, and issuing or refusing to issue an import or export permit for medical or scientific purposes ($610); and,<\/li>\n
- Annual regulatory fee: recovers the aggregate costs of administering the cannabis regulatory program that are not covered under any of the other fees (2.3% of cannabis revenue for standard licence holders, or $23,000 if cannabis revenue is less than $1 million, and 1% on the first $1 million of cannabis revenue for micro and nursery licence holders or $2,500 in cases where cannabis revenue is less than $250,000).<\/li>\n
- Licence holders who produce cannabis exclusively for medical purposes are exempt from the annual regulatory fee.<\/li>\n<\/ul>\n
<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
There will, of course, be \u201ccost recovery\u201d, although that doesn\u2019t include health care cost increases \u2013 psychiatric and physical \u2013 which will be borne mainly by non-imbibing tax-payers. I strongly suspect \u201corganized crime\u201d mentioned here will be rubbing its collective … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"footnotes":""},"categories":[93],"tags":[2549],"class_list":["post-26477","post","type-post","status-publish","format-standard","hentry","category-current-events","tag-cannabis"],"_links":{"self":[{"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/posts\/26477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/comments?post=26477"}],"version-history":[{"count":0,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/posts\/26477\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/media?parent=26477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/categories?post=26477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.anglicansamizdat.net\/wordpress\/wp-json\/wp\/v2\/tags?post=26477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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