Canadian CANNAINVESTOR Magazine November 2017 - Page 220




By Spiro Sertsis, CPA, CMA


The HEAT is on, as Bill C-46 is debated in the House of Commons and has been making the news pretty consistently. Bill C-46, which is currently past the third reading in the House, proposes amendments to the federal government’s marijuana legalization bill, lays out proposed levels of THC in drivers that would result in criminal charges. Part of the debate includes the reworded offence for driving with “Blood Alcohol Concentration” over 80mg/100ml. The rewording is relevant in the world of cannabis and even investing in cannabis, as it would include the wording “Blood Drug Concentration” and combinations of alcohol and drugs. Research corroborated by the National Highway Traffic Safety Administration in the United States has shown that the effects of THC dissipate after a few hours. It’s that 2 hour window where impairment is more likely, and this is when the THC level on your breath is most prominent.