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University of New Brunswick Hires World’s First Research Chair in Cannabis Health

Plant biochemist Yang Qu, a specialist in developing anti-cancer medications, was named Canada’s first academic research chair in cannabis health by the University of New Brunswick. The position will straddle the departments of chemistry and chemical engineering and is believed to be the first of its kind in the world.

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Cannabis Legalization in Canada

Cannabis, also known as marijuana (among countless other names), is a psychoactive intoxicant that was banned in Canada from 1923 until medical cannabis became legal in 2001. The consumption and sale of recreational cannabis was legalized and regulated on 17 October 2018, after Parliament passed Bill C-45, the Cannabis Act. Legalization was supported by a majority of Canadians, despite concerns about the drug’s addictiveness and health effects, especially among young people.

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Canopy Growth Corporation

Canopy Growth Corporation was the first cannabis company in North America to be federally regulated and publicly traded. The Canadian company, headquartered in Smiths Falls, Ontario, produces a large portion of Canada’s legal cannabis flower, oils and edibles under its various brands. Its products are sold in all 13 Canadian provinces and territories. With more than two dozen subsidiaries and operations on five continents, Canopy is one of the world’s largest cannabis and hemp corporations. It employs 2,700 people full-time and is worth more than $20 billion.