Canada: Alberta Government To Unveil New Cannabis Rules

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The NDP is slated to unveil cannabis-related legislation on Monday.

Industry stakeholders have been anticipating rules on licensing and where shops can be located ahead of legalization scheduled for July 1.

The Alberta government has opted for privatized brick-and-mortar stores and publicly-run online sales.

Justice Minister Kathleen Ganley, Finance Minister Joe Ceci and Alberta Gaming and Liquor Commission president Alain Maisonneuve are expected to hold an embargoed news conference ahead of the legislation being tabled in the legislature.

Budget 2018 projected a $90-million loss to the provincial government over the next two years while the fledgling cannabis industry is set up in Alberta.

In 2020-21, the industry is estimated to generate a profit of $37 million for government coffers.