Announcement: Health Canada Changes Cannabis Licensing Process

New Regulations Announced May 8, Effective Immediately

 

On May 8, 2019, Health Canada announced changes to the cannabis licensing process, effective immediately. Health Canada will now require all new applicants for cultivation, processing or sale for medical purposes licenses to have a fully built site that meets all the requirements of the Cannabis Regulations at the time of their application, as well as satisfying other application criteria.

Green Mountain joined a teleconference held by Health Canada on May 8th to provide details on the new process, and we will also attend a teleconference specifically for Indigenous Associated applicants later this month.

Health Canada said this change was introduced in order to align the approach to cannabis licensing with the approach for other regulated sectors, such as pharmaceuticals, and to reduce bottlenecks in the approval process. As reported in the Health Canada teleconference, approximately 70% of all license applicants have NOT submitted an Evidence Package (the step immediately before a cultivation license, in which the applicant proves that the facility and associated security requirements meet the regulations under The Cannabis Act). This has contributed significantly to the clogging of the system as Health Canada has been dedicating resources to processing licenses from applicants who are not ready to commence operations. The new system aims to eliminate these types of submissions from cannabis license applicants who are unable to follow through with the completion of their facility.

We have been in contact with our Health Canada appointed Indigenous Navigator, and we have learned that this change to the licensing process will not affect the status of our application. Our application will continue to be reviewed under the former licensing process – as we build our facility rather than after we submit our Evidence Package. This is fantastic news for Green Mountain and means that the new process will not slow down our approval.

Green Mountain is in full support of these changes and we believe that this is positive news for the cannabis industry as a whole, as it ensures that all license applicants under The Cannabis Act genuinely and validly have the intent and funding to construct their facilities, and it unburdens Health Canada licensing resources to focus on processing licenses submitted by companies that are ready to operate.

We will be sure to provide further updates as our cannabis license application and greenhouse construction progress.  

For more information, please contact:

Wade Attwood, President, Green Mountain

wattwood@gmtn.ca

Investor Inquiries:

Michele Lise, Investor Relations, Green Mountain

1-833-291-GMTN or 604-612-4443

mlise@gmtn.ca  

FREQUENTLY ASKED QUESTIONS

FAQs

It depends on the province. Most require you to be 19. Alberta's minimum age is 18 and Quebec's is 21.

Our full legal name, which appears on our licences and formal documents, includes “Health Alliance,” while our trade name is Green Mountain.

Our operations are based in the Okanagan region of British Columbia, which features heavily wooded surroundings, clean air and spring water.

Our cultivation and production teams are led by plant scientists, including an agriculture Hall of Famer. Every input is carefully reviewed and adjusted to support consistent products. See our Latest News section for in-depth articles exploring our processes.

Terpenes contribute to the aroma and flavour profile of cannabis. The dry climate of the Southern Okanagan supports terpene expression in our flower. Our products typically test in the 2–4% range.

We draw irrigation water from our on-site aquifer. The spring water is structured using a Schauberger vortex. The device mimics how water naturally swirls in a mountain stream, which some growers believe helps plants absorb it more efficiently. All our flower is hang-dried and non-irradiated unless required by law.

Our products are carried by authorized retailers in British Columbia, Ontario, Saskatchewan, Alberta, and Manitoba.

Yes, provided you meet the age restrictions of the provinces you are visiting and do not carry more than the 30-gram limit.

All our products undergo mandatory Government approved laboratory testing for potency, terpene levels, pesticides, heavy metals and contaminants in accordance with Health Canada requirements.

Being vertically integrated allows us to manage the full process from cultivation to market without needing to trust third-party intermediaries.

No. Impairment laws are strict. Check your local laws when it comes to driving or operating machinery after using cannabis.

Our largest shareholder is the Manitoba Metis Federation (MMF). We are aligned with their values of purity and social cohesion.

Tourists who meet the legal age requirement in the province where they are located may purchase cannabis. Cannabis cannot be taken across international borders, including to the United States.

Start low and go slow. Speak with a budtender or review the summaries in our Product Portfolio.