Posted by AGORACOM-JC
at 1:53 PM on Monday, March 4th, 2019
WHY NORTHBUD FARMS?
Canadian regulatory door for CIP (Cannabinoid Infused Products) is opening this year As shown in other legal jurisdictions (Colorado, Washington, Nevada, California)
Infused products sector has become the highest margin segment of the industry
Positioned to be a raw input producer for this space
Currently working with multiple food,
beverage and science companies to provide safe standardized cannabinoid
infused raw inputs for large scale GMP manufacturing of products
Announced Creation of “1017†Distribution and Signing of a LOI to Acquire Janey’s Cannabis Line
THE OPPORTUNITY
Acquired late stage ACMPR applicant GrowPros MMP from Tetra Bio-Pharma (TSXV: TBP)
GrowPros MMP application was submitted in November 2014 and is currently in the ‘Confirmation of Readiness’ stage.
Announced the amendment of its licence application to add 500K SQ. FT. of outdoor cultivation area
Posted by AGORACOM-JC
at 4:16 PM on Thursday, February 28th, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information
NBUD: CSE
—————
Starbucks could be the first big chain to start selling CBD beverages
Coffee behemoth Starbucks could be the first major chain to introduce a range of cannabis-infused beverages, according to analysts.
A report released Monday by Cowan revealed its analysis of the CBD market.
The group believes that by 2025, CBD retail sales could reach up to $16 billion and that CBD is likely to start showing up in a variety of products on the market.
“The dynamics are fluid, likely delaying adoption from major
coffee players like Starbucks in the near term,†wrote analyst Andrew
Charles in the report.
“Should the regulation of CBD oil as an additive to food/beverage
change or craft/independent coffee shops find a way to comply with the
existing regulation, we could envision Starbucks ultimately piloting the
ingredient.â€
Despite the analysts’ projections, however, Starbucks-branded CBD
drinks may not be in the cards–at least for some time. Starbucks CEO
Kevin Johnson told CNBC
in January that while the coffee giant is keeping an eye on the trend,
cannabis drinks aren’t something the company is planning on rolling out
in the near future.
If the caffeine purveyors opt to incorporate cannabis beverages into
product lines, they face heavy regulations that may not be worth it–at
least in Canada.
All cannabinoids, including CBD, must be sourced from a
licenced producer, and regulators still aren’t sure how to deal with
potential age restrictions.
Nonetheless, there’s money to be made, so in a few years, there might
just be a CBD Frappuccino available to enthusiasts. See you in 2025!
Tags: CBD, Hemp, stocks, tsx, tsx-v Posted in North Bud Farms Inc | Comments Off on North Bud Farms Inc. $NBUD.ca – Starbucks could be the first big chain to start selling CBD beverages $SBUX $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
Posted by AGORACOM-JC
at 3:45 PM on Tuesday, February 26th, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information
NBUD: CSE
—————
A Wall Street bank just started covering 7 marijuana stocks. Here’s what it’s saying
Last year was a historic one for legal-marijuana proponents due to legalization in Canada and some US states.
Marijuana stocks are popular on Robinhood, a free-trading app popular among millennials.
On Monday, Jefferies became the second major Wall Street investment bank to write sell-side notes on popular weed companies.
A Wall Street bank has officially initiated coverage of cannabis
stocks, as high-flying cannabis companies have caught the attention of
both the Main Street and Wall Street following a wave of marijuana
legalization.
Last year was a historic one for legal-marijuana proponents. Canada and the state of Michigan legalized the recreational use of marijuana, and the US Congress passed the Farm Bill, which legalized hemp, a key source of the ingredient cannabidiol.
Additionally, major marijuana producers such as Cronos Group, Canopy Growth, Tilray, and Aurora Cannabis
were listed in the US last year, prompting investors, especially
younger ones, to pour money into the industry. On Robinhood, a
free-trading app popular among millennials, Aurora has outranked all other stocks including Apple in terms of the number of users who own shares.
As the demand for market insights into marijuana stocks grows,
Jefferies analysts Owen Bennett and Ryan Tomkins have started to write
sell-side notes on popular weed companies. Jefferies is the second major
Wall Street investment bank to cover the industry, after Cowen.
Tags: Hemp, stocks Posted in All Recent Posts, North Bud Farms Inc | Comments Off on North Bud Farms Inc. $NBUD.ca – A Wall Street bank just started covering 7 marijuana stocks. Here’s what it’s saying $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
Posted by AGORACOM-JC
at 12:38 PM on Friday, February 22nd, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information
NBUD: CSE
—————
Cannabis edibles, plant proteins and other food trends to watch for in 2019
Canada is high on cannabis edibles
Cannabis will soon be a major driver in the food and beverage category.
This year should see edible products incorporated into Bill
C-45 (the Cannabis Act), opening up opportunities for health foods and
supplements, snack foods, packaged meals, restaurants and tourism.
A recent Deloitte report found that 58 per cent of current Canadian cannabis users intend to consume edibles once they’re legalized.
Food continues to find its way into the consciousness of Canadians.
It’s in our news feed, on our television screens and, more and more,
part of our day-to-day conversations. The challenge is to separate the
fact from the fiction, the ephemeral from the soon-to-be everyday. The
University of Guelph’s newest Food Focus Trends Report highlights six key trends likely to be front and centre this year.
Flexitarians on the rise
While vegans and vegetarians get all the attention, the flexitarians
are rapidly growing in number — and in clout. A flexitarian is someone
who is eating less meat rather than giving it up entirely.
Almost 85 per cent of Canadians claim to eat at least one vegetarian
meal per month, with nearly 50 per cent saying they do so at least once a
week. Despite only seven to eight per cent of Canadians identifying as
vegetarian or vegan, the conscious consumption of flexitarians will
likely have a profound impact on the quantity and types of meat we eat
as well as spurring the growth of protein alternatives.
By choosing to eat less meat, consumers are likely to indulge in more premium cuts while sacrificing staples like ground beef.
Plant-based proteins are also sure to grow in popularity, as are
those from previously taboo sources, such as insects. Canada’s new Food Guide also recommends an increased focus on plant-based foods.
Should Canada’s meat industry be concerned? Possibly, but increased
international demand should keep overall prices in our country steady
for the foreseeable future and population growth here will also continue
to increase the total demand for meat.
Easing fears about gene-editing
If comic books and horror movies have taught the average Canadian
anything, it’s that nothing good ever comes from playing with genes.
Unfortunately, fiction can sometimes be more believable than facts.
When it comes to agriculture, gene editing increases yields, develops
tolerances to things like drought or pests, removes allergens (to make
gluten-free wheat, for example) and enhances nutritional quality.
And the biggest benefit
may be for the world’s poor. Basically, gene editing is doing what
animal and plant breeders have been doing for hundreds and hundreds of
years, only in a way that’s much faster, much cheaper and much more
specific.
The only challenge? Reducing unfounded fears and communicating the
incredible potential of genetically modified crops and foods in a way
that Canadians can fully embrace.
So shouldn’t we all be behind the bee? It’s not that simple.
While they are essential for some crops, other crops rely on methods
of pest control that are associated with the decline of pollinators.
As we’ve seen with the neonicotinoids debate, striking a delicate
balance between the needs of farmers and the protection of pollinators
is an ongoing challenge and a goal that will not be easily achieved.
Canada is high on cannabis edibles
Cannabis will soon be a major driver in the food and beverage
category. This year should see edible products incorporated into Bill
C-45 (the Cannabis Act), opening up opportunities for health foods and
supplements, snack foods, packaged meals, restaurants and tourism.
A recent Deloitte report found that 58 per cent of current Canadian cannabis users intend to consume edibles once they’re legalized.
But these highs do have some potential lows — work will need to be
done to ensure proper dosing and to prevent unintended secondary
consumption by children and pets.
As well, the path to market for cannabis products in Canada goes
through three different pieces of legislation: the Cannabis Act, the
Controlled Drugs and Substances Act and the Food and Drugs Act.
In addition, products for medical consumers must also meet the Access
to Cannabis for Medical Purposes Regulations that are included in the
Controlled Drugs and Substances Act. But with the total market estimated
at more than $7 billion (on par with Canada’s wine industry), the
future is nonetheless bright for cannabis companies.
Prospering in a time of protectionism
The whirlwind of trade deals and disputes in the past few years has
left many Canadians reeling. While there has been much hand-wringing
over inter-provincial barriers, NAFTA/USMCA and new agreements with
Europe and the Pacific Rim, freer trade in food has actually provided
Canadian farmers with markets that are hungry for our products.
Plus, Canadian consumers have benefited and now enjoy a wider range of affordable food products.
The one downside? Our regulated dairy industry, along with other
supply managed commodities, has ceded nearly 10 per cent of its market
through recent trade deals.
This will not only be painful for the dairy sector, but it isn’t
likely to result in lower prices for Canadians — although we will
probably see a broader array of cheeses and other dairy products.
Overall, though, trade has been good for Canada and will continue to be
for the foreseeable future.
Growing divide between food & farms
Farms may feed people, but they have very little to do with the price you pay for food.
Fluctuating prices of agricultural commodities like corn, wheat or
soybeans often fuel news stories but the reality is the increases in
food prices Canadians have seen over the years have been relatively
consistent.
Put simply, food and farm prices are not the same and the relationship between the two continues to weaken. Today, the farmers’ share
of the food dollar is around 20 per cent — higher for less processed
foods (nearly 50 per cent for eggs) and lower for more processed foods
(two per cent for corn, which is used as a sweetener in manufactured
food products).
While the effect of low commodity prices may be felt in farming
regions and associated industries, it has little impact on Canadians
when they’re checking off their grocery lists — and that isn’t expected
to change in 2019.
Posted by AGORACOM-JC
at 11:44 AM on Tuesday, February 19th, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information
NBUD: CSE
—————
Cannabis-Infused Beverages to Launch in Canada by This Fall
For some brand-name beverage companies, this launch date can’t come quickly enough.
Marijuana investors are bubbling over with excitement, and who can blame them as this once-taboo industry ramps up production and rolls out the red carpet for consumers
Last year, Canada wound up ending nine decades of recreational marijuana prohibition and became the first industrialized country in the world to give the green light to adult-use weed.
 Sean Williams (TMFUltraLong) Feb 19, 2019 at 7:21AM
Marijuana investors are bubbling over with excitement, and who can blame them as this once-taboo industry ramps up production and rolls out the red carpet for consumers.
Last year, Canada wound up ending nine decades of recreational
marijuana prohibition and became the first industrialized country in the
world to give the green light to adult-use weed. According to some
estimates, this should allow the Canadian weed industry to grow sales to
nearly $6 billion a year by 2022. Taking into account that two-thirds
of all U.S. states have legalized pot in some capacity, and Mexico is
getting ever closer to a broad-based legalization of weed, the North
American market is looking very conducive to investment.
Image source: Getty Images.
Most alternative marijuana products aren’t legal right now
However, the marijuana industry isn’t nearly as cut and dried as you
might think. It’s about more than simply growing dried cannabis flower
and selling it. In fact, if growers simply chose to focus on dried
flower, they’d probably get creamed if the U.S. states of Colorado,
Washington, and Oregon serve as an example. Over time, dried marijuana
flower becomes an oversupplied and commoditized product, leading to a
decline in per-gram pricing and reduced margins for those weed companies
that lack portfolio diversity.
In order to combat this, growers need to think outside the box. The
way they do this is by focusing on alternative cannabis product options,
such as cannabidiol (CBD) oils, vapes, sublingual sprays, lotions and
balms, edibles, and cannabis-infused beverages. These are significantly
higher-priced and higher-margin products than traditional dried flower,
and they’re far less susceptible to future pricing pressure relative to
dried cannabis.
But there’s just one problem: Most of these alternative products aren’t legal
— even in Canada. When the Cannabis Act was passed by Parliament,
dried flower, sublingual sprays, and cannabis oil were given the green
light, while edibles and infused beverages, arguably the two most
attractive means for retailers to drive foot traffic and lure in
first-time consumers, have remained illicit. Thankfully for growers and
investors, this is soon to change.
Recently, Health Canada outlined its game plan
on alternative consumption options. The goal, per the regulatory
agency, is to have all alternative cannabis products, with the exception
of infused beverages containing alcohol, approved for sale by no later
than Oct. 17, 2019, which would mark the one-year anniversary of
recreational weed going on sale in Canada. As such, brand-name beverage
companies and their cannabis partners are preparing for launch.
Image source: Getty Images.
Beverage makers and pot stocks are bubbling with anticipation
The expected release of cannabis-infused beverages can’t come a moment too soon for Molson Coors Brewing (NYSE:TAP), which became the first major beverage producer to announce a joint venture or partnership with a pot grower last year. The joint venture between Molson Coors and HEXO (NYSEMKT:HEXO), known as Truss, is expected to begin putting nonalcoholic cannabis-infused beverages on retailers’ shelves by this fall.
Last week, Molson Coors reported its fiscal fourth-quarter and
full-year earnings, and they demonstrated just how badly a spark is
needed for this company. Sales in the U.S. and Canada, which have
traditionally been its bread-and-butter markets, fell 7% and 5%,
respectively, on a constant-currency basis during the fourth quarter.
The company’s market share of the beer market in Canada has, in
particular, been falling precipitously for about a decade. With the
exception of the company’s limited but growing premium beer offerings,
its major beer brands have really been a drag. And as icing on the cake,
tax accounting errors forced it to restate its full-year 2016 and 2017
results.
Being able to work with HEXO to put a premium product in front of
consumers, and having 57.5% ownership in the Truss joint venture, with
HEXO owning the remainder, puts Molson Coors in the driver’s seat to
reap the rewards of an expanded beverage portfolio.
Image source: Getty Images.
The big question
What remains to be seen is if cannabis-infused beverages will actually be needle movers for any of the companies involved.
For a smaller company like HEXO, which is still in the relatively
early stages of ramping up production capacity and aiming for its 108,000 kilograms in peak annual output,
a 42.5% share of infused beverage sales come the fourth quarter of the
existing calendar year could be quite nice. With just over 75 million
Canadian dollars in sales expected in fiscal 2019, infused beverage
sales as a percentage of total sales will likely be higher at HEXO than
at any other company.
As for Molson Coors Brewing, this is a company that regularly
generates close to $11 billion in annual sales. Although it might be the
first beverage maker to have really dipped its toes into the pond, it
won’t be the last. Competition is building, and there are no guarantees
that it will provide much of a lift to the company’s sliding Canadian
sales. Mind you, I’m not faulting Molson Coors one iota for moving into
the cannabis space, which is a smart maneuver from a growth perspective.
But expecting infused beverages to be a panacea for its North American
sales slide is probably being far too optimistic.
Tags: Hemp, stocks, tsx Posted in North Bud Farms Inc | Comments Off on North Bud Farms Inc. $NBUD.ca – Cannabis-Infused Beverages to Launch in Canada by This Fall $ACB $WEED.ca $HIP.ca
Posted by AGORACOM-JC
at 11:40 AM on Thursday, February 14th, 2019
WHY NORTHBUD FARMS?
Canadian regulatory door for CIP (Cannabinoid Infused Products) is opening this year As shown in other legal jurisdictions (Colorado, Washington, Nevada, California)
Infused products sector has become the highest margin segment of the industry
Positioned to be a raw input producer for this space
Currently working with multiple food,
beverage and science companies to provide safe standardized cannabinoid
infused raw inputs for large scale GMP manufacturing of products
Announced Creation of “1017†Distribution and Signing of a LOI to Acquire Janey’s Cannabis Line
THE OPPORTUNITY
Acquired late stage ACMPR applicant GrowPros MMP from Tetra Bio-Pharma (TSXV: TBP)
GrowPros MMP application was submitted in November 2014 and is currently in the ‘Confirmation of Readiness’ stage.
Announced the amendment of its licence application to add 500K SQ. FT. of outdoor cultivation area
Posted by AGORACOM-JC
at 2:39 PM on Wednesday, February 13th, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information
NBUD: CSE
—————
From cannabis edibles to plant proteins: 2019 food trends
Cannabis will soon be a major driver in the food and beverage category.
This year should see edible products incorporated into Bill C-45 (the Cannabis Act), opening up opportunities for health foods and supplements, snack foods, packaged meals, restaurants and tourism.
(MENAFN – The Conversation) Food continues to find its way into the consciousness of Canadians.
It’s in our news feed, on our television screens and, more and more,
part of our day-to-day conversations. The challenge is to separate the
fact from the fiction, the ephemeral from the soon-to-be everyday. The
University of Guelph’s newest Food Focus Trends Report highlights six
key trends likely to be front and centre this year.
Flexitarians on the rise
While vegans and vegetarians get all the attention, the flexitarians
are rapidly growing in number — and in clout. A flexitarian is someone
who is eating less meat rather than giving it up entirely.
Almost 85 per cent of Canadians claim to eat at least one vegetarian
meal per month, with nearly 50 per cent saying they do so at least once a
week. Despite only seven to eight per cent of Canadians identifying as
vegetarian or vegan, the conscious consumption of flexitarians will
likely have a profound impact on the quantity and types of meat we eat
as well as spurring the growth of protein alternatives.
By choosing to eat less meat, consumers are likely to indulge in more premium cuts while sacrificing staples like ground beef.
Plant-based proteins are also sure to grow in popularity, as are
those from previously taboo sources, such as insects. Canada’s new Food
Guide also recommends an increased focus on plant-based foods.
Read more: In defence of Canada’s Food Guide
Should Canada’s meat industry be concerned? Possibly, but increased
international demand should keep overall prices in our country steady
for the foreseeable future and population growth here will also continue
to increase the total demand for meat.
Easing fears about gene-editing
If comic books and horror movies have taught the average Canadian
anything, it’s that nothing good ever comes from playing with genes.
Unfortunately, fiction can sometimes be more believable than facts.
When it comes to agriculture, gene editing increases yields, develops
tolerances to things like drought or pests, removes allergens (to make
gluten-free wheat, for example) and enhances nutritional quality.
The Canadian government approved the sale of genetically modified
golden rice that’s fortified with Vitamin A. It’s an example of a GM
food that directly benefits consumers. Josep Folta/Flickr
And the biggest benefit may be for the world’s poor. Basically, gene
editing is doing what animal and plant breeders have been doing for
hundreds and hundreds of years, only in a way that’s much faster, much
cheaper and much more specific.
The only challenge? Reducing unfounded fears and communicating the
incredible potential of genetically modified crops and foods in a way
that Canadians can fully embrace.
A third of the world’s crops need pollinators like bees. But some of
them also require pesticides that are harmful to bees. Jenna
Lee/Unsplash
In Canada, the contribution of bees to crops like apples, blueberries and canola has been estimated at over $5 billion.
So shouldn’t we all be behind the bee? It’s not that simple.
While they are essential for some crops, other crops rely on methods
of pest control that are associated with the decline of pollinators.
As we’ve seen with the neonicotinoids debate, striking a delicate
balance between the needs of farmers and the protection of pollinators
is an ongoing challenge and a goal that will not be easily achieved.
Read more: Why it’s time to curb widespread use of neonicotinoid pesticides
Canada is high on cannabis edibles
Cannabis will soon be a major driver in the food and beverage
category. This year should see edible products incorporated into Bill
C-45 (the Cannabis Act), opening up opportunities for health foods and
supplements, snack foods, packaged meals, restaurants and tourism.
A recent Deloitte report found that 58 per cent of current Canadian
cannabis users intend to consume edibles once they’re legalized.
Most Canadian cannabis users say they intend to consume edibles once they’re legal. Shutterstock
But these highs do have some potential lows — work will need to be
done to ensure proper dosing and to prevent unintended secondary
consumption by children and pets.
As well, the path to market for cannabis products in Canada goes
through three different pieces of legislation: the Cannabis Act, the
Controlled Drugs and Substances Act and the Food and Drugs Act.
Read more: How to keep your pets safe from marijuana poisoning
In addition, products for medical consumers must also meet the Access
to Cannabis for Medical Purposes Regulations that are included in the
Controlled Drugs and Substances Act. But with the total market estimated
at more than $7 billion (on par with Canada’s wine industry), the
future is nonetheless bright for cannabis companies.
Prospering in a time of protectionism
The whirlwind of trade deals and disputes in the past few years has
left many Canadians reeling. While there has been much hand-wringing
over inter-provincial barriers, NAFTA/USMCA and new agreements with
Europe and the Pacific Rim, freer trade in food has actually provided
Canadian farmers with markets that are hungry for our products.
Plus, Canadian consumers have benefited and now enjoy a wider range of affordable food products.
The one downside? Our regulated dairy industry, along with other
supply managed commodities, has ceded nearly 10 per cent of its market
through recent trade deals.
Read more: In defence of Canada’s dairy farmers
This will not only be painful for the dairy sector, but it isn’t
likely to result in lower prices for Canadians — although we will
probably see a broader array of cheeses and other dairy products.
Overall, though, trade has been good for Canada and will continue to be
for the foreseeable future.
Growing divide between food & farms
Farms may feed people, but they have very little to do with the price you pay for food.
A farmer is seen on his Nova Scotia farm in 2014 with some of his laying hens. THE CANADIAN PRESS/Andrew Vaughan
Fluctuating prices of agricultural commodities like corn, wheat or
soybeans often fuel news stories but the reality is the increases in
food prices Canadians have seen over the years have been relatively
consistent.
Put simply, food and farm prices are not the same and the
relationship between the two continues to weaken. Today, the farmers’
share of the food dollar is around 20 per cent — higher for less
processed foods (nearly 50 per cent for eggs) and lower for more
processed foods (two per cent for corn, which is used as a sweetener in
manufactured food products).
While the effect of low commodity prices may be felt in farming
regions and associated industries, it has little impact on Canadians
when they’re checking off their grocery lists — and that isn’t expected
to change in 2019.
Posted by AGORACOM-JC
at 12:26 PM on Thursday, February 7th, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information
NBUD: CSE
—————
Canada’s top marijuana enforcer stands by Liberals’ new pot policy
A former police chief and narcotics enforcement officer, federal Minister of Border Security and Organized Crime Reduction Bill Blair is convinced Canada has done the right thing with its new marijuana decriminalization and regularization laws.
Martin C. Barry
As the federal minister responsible for the implementation and
enforcement of Canada’s new marijuana legalization and regularization
laws, there’s no mistaking the fact Bill Blair stands one hundred per
cent behind the Trudeau Liberal government’s groundbreaking policy.
If anybody might be in a position to question the government’s
stance, it could easily be Blair. The veteran policeman and former chief
of the Toronto Police Service spent years fighting on the front lines
against drug-related crime as a narcotics squad officer.
Former narcotics cop
“As a police officer for 40 years, I was involved in drug
enforcement,†Blair, who is Minister of Border Security and Organized
Crime Reduction, said in an interview with Newsfirst Multimedia while on
a ministerial stopover in Montreal.
As chair of the Canadian Association of Chiefs of Police’s Organized
Crime Committee, he said he was “well aware of the impact that illegal
drug trafficking as controlled by organized crime was having in all of
our communities.â€
Drugs and violence linked
While noting that the link between organized crime and illegal drug
trafficking had a lot do with an escalation of violence in Canadian
cities these past few decades, Blair also pointed out that organized
crime was earning billions of dollars in profits each year being the
sole purveyors of a range of illegal substances that included marijuana.
Since the only means of controlling the situation available to
society was criminal sanction, young people got swept up in the overall
enforcement of the country’s drug laws, “which was disproportionate,â€
added Blair, “and was actually causing in many cases more harm. We
wanted to discourage their use of the drug. But we also did not want to
saddle that child with a criminal record for the rest of their life.â€
Approached by Trudeau
According to Blair, all of this transpired long before he was asked
by Justin Trudeau to run in the suburban Toronto riding of Scarborough
Southwest in the October 2015 election. Blair and the future Prime
Minister discussed the possibility of radically changing Canada’s
cannabis laws.
“We talked about Canada’s control of cannabis. And he said ‘What do
you think of legalizing it?’ And I said if we lift the criminal
prohibition it gives the opportunity to get the situation back under
control. Because currently the situation we were in was we had the
highest rates of use among our kids in the world. And this is a
dangerous drug for children. This is a drug that can have very serious
implications for children.â€
One third were breaking law
Leading up to the changes last October by the Liberal government to
the country’s longstanding prohibition on cannabis, more than a third of
Canada’s population had been breaking the law, Blair added. As such,
“we began the process of looking at how do we reduce the harm of this
drug.
“Some people say to me, ‘Well you’ve legalized cannabis.’ And I say
no – we’ve regulated the daylights out of it. We’ve brought in all sorts
of new rules – enforceable, proportionate, sensible rules – that
control every aspect of its production, its sale and its consumption.
Says no to other drugs
“Whereas before we had only one tool and it was like a sledgehammer
and we were trying to drive a nail. And no one wanted to swing the
sledgehammer. But now we have the right suite of tools to control the
system. And I believe it’ll result in a healthy situation for our
children and a safer situation for our communities.â€
Blair insisted that neither he nor the Liberal government would ever
consider going down the same route with other street drugs as it has
done with marijuana. “Cannabis is not a drug that kills people,†he
said.
“But unfortunately with other more serious drugs which are deadly –
the opioid crisis, for example, crystal methamphetamine, which is
ravishing some of our prairie and northern communities – those drugs
represent such a significant risk. And we don’t have a system of
regulated production and control.
Meth and fentanyl out
“There is no alternative. We can go to a Health Canada-regulated
production facility for marijuana, for cannabis. But we’re not going to
create a similar thing for crystal methamphetamine. So there will be no
other source other than the criminal source.†For drugs like
methamphetamine and fentanyl, Blair said an important of the approach
for dealing with them is to “interdict the supply to keep those drugs
out of our country. We need to be very effective at restricting the
supply. But we also have an enormous amount of work to do – and we have
embarked as a government on this – to reduce the demand for those drugs.
And that’s to prevent people from beginning to use them in the first
place.â€
Tags: Marijuana, tsx, weed Posted in All Recent Posts, North Bud Farms Inc | Comments Off on North Bud Farms Inc. $NBUD.ca – Canada’s top marijuana enforcer stands by Liberals’ new pot policy $ACB $WEED.ca $HIP.ca
Posted by AGORACOM-JC
at 2:55 PM on Monday, February 4th, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information
NBUD: CSE
—————
New Cannabis Products Which Could Disrupt the Industry in 2019
If there is one large-scale category of cannabis product which is likely to emerge in 2019, it is edibles.
When Canada moved to legalize recreational marijuana usage among adults, it did not include regulations for edibles and other products which might be confused for non-cannabis alternatives
The cannabis industry enjoyed tremendous investor enthusiasm in 2018,
fueled in large part by major developments which seemed to open up the
space for new opportunities. Canadian legalization of recreational
marijuana use, the continued adoption of legal medical or recreational
cannabis in more states across the U.S., and high-profile achievements
from some of the industry’s emerging top contenders all fueled interest.
In spite of the fact that cannabis stocks overall failed to perform up
to expectations last year, 2019 has already revealed continued anticipation regarding this growing industry.
If cannabis stocks are to thrive going forward,
it’s likely that many companies will have some growing up to do.
Overextended balance sheets will need to be strengthened, highly
speculative mergers and acquisitions must be kept in check, and
quarterly figures will have to confirm that there is good reason for the
hype surrounding these companies.
One way that up-and-coming marijuana businesses can bolster their fortunes in 2019 is through the release of new cannabis-based products.
While it’s true that there has already been a flood of new marijuana
products to the market, it’s likely that only a few will emerge as
winners capable of driving sales and firming up particular companies’
dominant status in this fledgling market. Below, we’ll take a look at
some new cannabis products which may be able to change the game in this
way.
Edibles
If there is one large-scale category of cannabis product which is
likely to emerge in 2019, it is edibles. When Canada moved to legalize
recreational marijuana usage among adults, it did not include
regulations for edibles and other products which might be confused for
non-cannabis alternatives. The Canadian government allowed itself a
one-year window from the initial legalization date of October 17, 2018
to sort out regulations for edibles products. In the meantime, Canadian
marijuana companies have gotten a head start on developing new cannabis
edibles for retail sale, even as retailers are giving away product that
they are not yet allowed to sell. A recent survey indicated that about a quarter of Canadian cannabis customers had received a free edible in the last month.
When Canadian edibles become legal for retail sale on or before
October 17, 2019, expect a rush to get these products into retail shops.
Edibles alone could become a billion-dollar industry in the years to
come.
Cannabis Beverages
One of the biggest cannabis headlines of 2018 reported on news that Constellation Brands (STZ), the beverage company behind Corona and Modelo brand beers, had partnered with Canopy Growth Corp. (CGC),
the largest cannabis producer in Canada. The alignment of a major
cannabis company with a top producer of alcoholic beverages has many
analysts and investors speculating that there could be joint product
launches in the near future. Indeed, other pairs of companies have also
matched up in recent months as well: Molson Coors announced a partnership with Canadian producer HEXO also.
It’s unlikely that any existing products from companies like
Constellation and Molson will change because of these partnerships.
However, expect a THC-infused beverage market to crop up as a
subcategory of the larger edibles space. These products could include
THC- or cannabidiol (CBD)-infused juices, waters and seltzers or
coffees. CBD products may be marketed as “health” drinks aimed at
reducing anxiety and inflammation without generating a “high” feeling in
the same way that THC does.
Cannabidiol Products
Before 2018 was finished, CBD had already begun to make its way into
all manner of products for sale. Although cannabis includes dozens of
chemical components, CBD has emerged early on as a popular one for
extraction and subsequent inclusion in drinks, vaping products, bath
bombs and more. CBD has been marketed as a product with wide-ranging
health benefits which can help to cure everything from pain to insomnia.
While it’s difficult to say exactly how accurate this claim is, it has
nonetheless been sufficient to generate widespread interest in CBD, even
among consumers not interested in the traditional “high” associated
with cannabis. Expect a continued proliferation of CBD-based products in
the months to come. Beauty and skin care products are among the most
popular of these new offerings.
Cannabidiol has also made its way into drug treatments developed in
the medical marijuana space. Indeed, the first FDA-approved
cannabis-based drug makes use of a pharmaceutical CBD oil. Companies
like GW Pharmaceuticals (GWPH) and Cara Therapeutics (CARA)
are rushing to develop and test new CBD-based drug treatments. While
this process takes a much longer time than the development of retail
CBD-based products, it has the potential for tremendous industry-wide
staying power, not to mention the benefit of providing more evidence of
the efficacy of medical marijuana on a broader level.
Posted by AGORACOM-JC
at 3:51 PM on Wednesday, January 30th, 2019
WHY NORTHBUD FARMS?
Canadian regulatory door for CIP (Cannabinoid Infused Products) is opening this year As shown in other legal jurisdictions (Colorado, Washington, Nevada, California)
Infused products sector has become the highest margin segment of the industry
Positioned to be a raw input producer for this space
Currently working with multiple food,
beverage and science companies to provide safe standardized cannabinoid
infused raw inputs for large scale GMP manufacturing of products
Announced Creation of “1017†Distribution and Signing of a LOI to Acquire Janey’s Cannabis Line
THE OPPORTUNITY
Acquired late stage ACMPR applicant GrowPros MMP from Tetra Bio-Pharma (TSXV: TBP)
GrowPros MMP application was submitted in November 2014 and is currently in the ‘Confirmation of Readiness’ stage.
Announced the amendment of its licence application to add 500K SQ. FT. of outdoor cultivation area