Acts and Regulations

2018-59 - General

Full text
Document at 8 April 2019
under the
Cannabis Management Corporation Act
(O.C. 2018-216)
Filed June 26, 2018
Under section 35 of the Cannabis Management Corporation Act, the Lieutenant-Governor in Council makes the following Regulation:
1This Regulation may be cited as the General RegulationCannabis Management Corporation Act.
2The following definitions apply in this Regulation.
“Act” means the Cannabis Management Corporation Act.(Loi)
“Fund” means the fund created under the Cannabis Education and Awareness Fund Act.(Fonds)
Sale of cannabis
3For the purposes of paragraph 8(c) of the Act, the recreational use cannabis products and derivatives are
(a) dried cannabis,
(b) cannabis oil,
(c) fresh cannabis,
(d) cannabis plants, and
(e) cannabis plant seeds.
Service agreements
4For the purposes of paragraph 8(d) of the Act, a service agreement entered into by the Corporation with a service provider shall contain
(a) recitals that specify the subject matter of the agreement,
(b) an interpretation provision, including definitions and rules of construction of the agreement,
(c) a description of the services to be offered and the deliverables to be produced by the service provider,
(d) a provision specifying the duration of the agreement,
(e) the business plan of the service provider,
(f) a statement of financial matters, including payments and invoicing,
(g) general assurances between the parties,
(h) a statement respecting confidentiality of information, including personal information,
(i) terms and conditions respecting subcontracting and contracts with third parties,
(j) a liability and indemnity clause,
(k) a provision concerning records, specifying the manner of keeping the records and retention periods for the purpose of ensuring access to the records,
(l) a dispute resolution clause,
(m) a statement respecting authorship and ownership of documents and intellectual property that arise from performance of the agreement,
(n) a clause specifying the obligations of the parties in the event of force majeure,
(o) provisions concerning early termination, specifying the means of terminating the agreement,
(p) a statement of the obligations of the service provider on termination or expiry of the agreement,
(q) general provisions to ensure administration of the agreement, and
(r) appendices if necessary.
Fees or commissions
5For the purposes of paragraph 8(d) of the Act, no fees or commissions shall be paid to a service provider in relation to recreational use cannabis.
Profits of the Corporation
6For the purposes of section 20 of the Act, the daily cash receipts of the Corporation shall be deposited to the credit of the Corporation in a chartered bank or other institution approved by the Minister of Finance and the net amount remaining after payment of sums required to meet expenditures of the Corporation shall be paid into the Consolidated Fund without delay.
Payments to Fund
7For the purposes of section 21 of the Act, the Corporation shall pay the sum of $250,000 to the Fund each year.
N.B. This Regulation is consolidated to June 26, 2018.