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Ontario unveils proposed law to regulate recreational marijuana

by / No Comments / 0 View / November 2, 2017

By Matt Lamers

Ontario became the first province in Canada to introduce legislation to regulate the sale and distribution of recreational marijuana and, in doing so, promised to impose million-dollar fines on privately owned dispensaries that refuse to close their doors.

The province’s marijuana monopoly will be known as the Ontario Cannabis Retail Corporation (OCRC), according to the proposed Cannabis Act legislation introduced Wednesday.

To help the OCRC corner the market for adult-use marijuana, the Cannabis Act legislation stiffens penalties for individuals and corporations convicted of illegal sales or distribution of cannabis.

Penalties include fines of up to $1 million for

Ontario unveils proposed law to regulate recreational marijuana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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