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

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