MJBizMag April 2021 - 23

© 2021 Marijuana Business Daily, a division of Anne Holland Ventures. All rights reserved.
Data is current as of Mar. 15, 2021.
To qualify for the CEWS program, companies must show
a drop in eligible revenue during the crisis compared to
revenue from a previous period.
Finance Minister Chrystia Freeland said businesses can
use pre-pandemic revenue levels when applying for the
subsidy in the coming months. The CEWS program has
been utilized by most of Canada's top cannabis producers,
including Aphria, Aurora Cannabis, Canopy Growth and Tilray.
Mexican Lawmakers Forward Marijuana
Legalization Bill to Senate as Deadline Nears
Mexico's Lower Chamber of Deputies approved a bill on
March 10 to legalize recreational marijuana, putting the
North American country one step closer to becoming the
largest legal cannabis market in the world.
The legislation is expected to be approved by the nation's
Senate as well as President Andrés Manuel López Obrador.
Lawmakers have until April 30 to pass a law after Mexico's
Supreme Court ruled in 2019 the prohibition of marijuana
was unconstitutional.
After the law is enacted, Mexico will join Canada and
Uruguay as the only countries to legalize an adult-use
cannabis industry. However, the scope of the industry and
available business opportunities will be largely carved out
by the regulations in support of the law.
The bill approved by the lower house was stripped
of a requirement to create a Mexican Institute for the
Regulation and Control of Cannabis, a regulatory agency
that would have been in charge of issuing regulations and
giving out permits.
April 2021 | mjbizdaily.com 23

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MJBizMag April 2021

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MJBizMag April 2021 - 1
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