That's correct. For the first 24 months of legalization, federal revenues will be capped at $100 million. For instance, if you have in the first year, let's say, nine months of coverage, assuming a July 1 implementation date, we would be capped at $75 million federally, and any additional revenues from the 25-75 split would be provided to provincial and territorial partners.
On April 25th, 2018. See this statement in context.