Robert C. McLeod

Much like the revenue from liquor sales, that goes into a general revenue fund, which we in turn use to deliver a lot of the programs that we offer across the Northwest Territories, and 65 per cent of our budget goes toward social programs, but as far as specifically earmarked, the answer is no. It will be put into general revenue, and we will in turn use that money to deliver many of the programs that we offer today.

We provided the regulations for private vendors to committee. I believe it's also on our website, so if there are those out there who are considering becoming a private vendor, there are opportunities there. It's on the website with all the conditions that they have to meet, and I will follow up, but I would assume that would be part of the plan, as well. Thank you, Mr. Speaker.

Thank you, Mr. Speaker. The Minister does not think it's a laughing matter, but having said that, it was said before that this was something that was sprung upon us by the federal government, and we worked hard to ensure that we were ready for it. The pricing market, we've given committee an update on the costing and how that was going to work, and we have the producer cost, we have the excise duty, we have the markup and the freight commissions administration costs. My understanding is the total retail price, and it depends on the strand, I believe, is around $10.

Yes, the Member is correct. I did say that there was a good uptake at the beginning and made over $5,000 already, but it is now 14 hours into the legalization of cannabis. Maybe once the excitement wears off, the novelty wears off, or it is not the flavour of the day, there might be some changes, and it might get back to business as usual.

The Minister does make the final determination. I am not going to sit there and decide whether this business is viable; I would rely on the recommendations of those that would provide some technical and financial advice. I don't make the ultimate decision as...

Thank you, Mr. Speaker. Mr. Speaker, we want to be sure that those who are seriously interested are fully qualified candidates to be vendors of cannabis, so I believe it is a fair deal. Thank you, Mr. Speaker.

We have not been contacted by any potential retailers at this point. Should interested parties come forward, we will assess those as described in the information guide that was released. So we would work with those who are considering becoming a vendor because we have released the guide, so the answer, I guess, is yes, we would look at starting to process applications.

Thank you, Mr. Speaker. Mr. Speaker, cannabis is not new in the NWT. Legalized cannabis, though, is a controlled substance that is currently being distributed through liquor stores, as the Member pointed out, and federal requirements mean that it will be tracked from the seed-to-sale manner, and that has to be considered in our approach. I do not believe that legalization will add to illegal activities. We can use the liquor as a model. Even though liquor sales are legal, there is an illegal market that continues to exist. I think early indications are, and I can share some numbers, as of noon...

Mr. Speaker, I apologized to the Member on his question on the report. I will continue to give committee an update as we move forward, making it part of the overall report. I mean, as we unroll this, we can see how we can provide all the information to committee that's required.

As far as the monitoring, I believe I made a commitment to committee that I would keep them up to date as we go into the legalization of cannabis. We can have regular updates, if it's committee's wish. We do plan on preparing a report. It will be in the life of this Assembly, obviously. Whether it's after a year after...

Thank you, Mr. Speaker. Mr. Speaker, it was not Cabinet, it was the Minister of Finance, and I wanted to ensure we had a plan that was going to be right. I do apologize to committee. I did make the commitment that we would have that before implementation day; obviously, I missed that. So it's on me, but I will provide the plan to committee. Thank you, Mr. Speaker.

The Member is correct. I did make a commitment to provide an implementation plan. My understanding is that we should have that in committee's hands Monday at the latest.