Health

Canadian producers no longer required to store cannabis in bank-like vaults

A new security measure has been introduced by Health Canada that could save early cultivation applicants several thousand dollars and enhance operational efficiencies for current producers, according to analysts&period;&NewLine;Effective after a <a href="https&colon;//www&period;ponokanews&period;com/news/health-canada-reduces-security-requirements-for-medical-marijuana/">press release</a> on Jan&period; 23, <a href="https&colon;//newsforpublic&period;com/the-cannabis-industry/">marijuana</a> producers will no longer be mandated to store their inventory in bank-like vaults, which can cost upwards if &dollar;405,000&period; Cannabis will now be stored in a &OpenCurlyDoubleQuote;secure” area, based on the new requirements&period;&NewLine;Also, licensed producers (LPs) will no longer be required to maintain 24/7 video surveillance inside rooms where cannabis is cultivated&period; &NewLine;Security consultant with David Hyde &amp&semi; Associates, David Hyde, said Health Canada made the new changes in anticipation of <a href="https&colon;//www&period;ctvnews&period;ca/mobile/canada/trudeau-says-cannabis-will-become-legal-next-summer-not-july-1&period;3728628">marijuana legalization this summer</a> so producers can have an easy transition&period;&NewLine;&OpenCurlyDoubleQuote;Rather than make people keep spending money on vaults and cameras, things that won’t be required in July or August, they decided to make the pre-emptive move now so that people can have an easier transition,” he said&period;&NewLine;With the numerous health benefits of products such as <a href="https&colon;//cbdoilsandedibles&period;com/cbd-crystals/">CBD crystals</a>, demand is bound to grow and producers can now expect to witness operational efficiencies from a more convenient use of space&period;&NewLine;Omar Khan, vice president of public affairs at Hill+Knowlton Strategies, a strategic communications consultancy, said the new measures is bound to save LPs &OpenCurlyDoubleQuote;significant” costs going forward&period;&NewLine;The security changes also states that, &OpenCurlyDoubleQuote;records of anyone entering or exiting a storage area must be kept, and access to those areas must be restricted to those whose presence is required by their work responsibilities&period;”&NewLine;Also, &OpenCurlyDoubleQuote;all access points to cultivation, propagation and harvesting rooms will continue to be subject to 24/7 video surveillance&period;”&NewLine;Producers must still always continue to secure their site from unauthorized access—and the reporting of cannabis production, inventories and shipments, will continue to be required and verified by Health Canada&period;&NewLine;

Hardik Patel

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