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INTERVIEW: NORTHBUD $NBUD.ca Discusses Binding LOI For Acquisition of Multi-State Licensed Operator Eureka Vapor $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 1:37 PM on Tuesday, March 12th, 2019

NORTHBUD (NBUD:CSE) is already a late stage applicant at the “Confirmation of Readiness” stage for 25,000 square feet of indoor and 500,000 square feet of outdoor growing space, for the sole purpose of growing GMP pharma-grade cultivation and food-grade extracted inputs.

But Ryan Brown didn’t get this far in the cannabis space by sitting still … and he has made one hell of a great deal with the $20 MILLION acquisition of Eureka Vapor, a multi-state licensed operator in the USA.  The acquisition is subject to typical closing and due diligence but Ryan has a close relationship with the CEO and is confident it will close.

If and when it does close, Eureka will bring about $11.5 million in revenue at a 16% profit margin, which will be immediately accretive to the bottom line of NORTHBUD.  Accretive is actually an understatement.

I also love this acquisition because of its’ terms, which shows the confidence that both sides have in each other.  For example, the Eureka team can earn an extra $25 million if they hit certain milestones.  That says a lot about how Eureka may grown once it is a part of NORTHBUD.

On the flipside, the Eureka group only gets 10% of their shares on closing, with the rest dripped out over the next 24 months. That says a lot about the confidence Eureka has in NORTHBUD.

Find out more about NORTHBUD and this great deal in this interview with Ryan, who has already made a name for himself and is now on his way to growing that success, pun intended.

CLIENT FEATURE: Bougainville Ventures $BOG.ca a Turnkey Greenhouse Growing Infrastructure Provider $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 5:11 PM on Monday, March 4th, 2019

BOG: CSE

  • Landlord for licensed marijuana growers in the United States
  • Brilliant business plan that removes all risk and appeals to traditional real estate investors
  • Bougainville does not “touch the plant” by only providing agricultural infrastructure to tenants
  • Converts irrigated farmland to greenhouse-equipped farmland
  • Signed Second Tenant for 21,000 SQF Lease
  • Ready for occupancy
  • Room for expansion
  • JV Agreement with Marijuana Company of America (MCOA:OTC)
  • MCOA invested $1M in cash

Early estimates show a greenhouse can produce twice the amount of product and at least
less than 50% of the cost compared to warehouse production.

Oroville, Washington

  • Construction complete of greenhouse optimized for low-carbon and sustainable operations
  • Facility projected to produce in excess of 12,000 lbs. of high quality cannabis per annum upon completion of all greenhouses
  • I-502 compliant property ready for tenant-grower occupancy
  • Entered into an agreement with Green Venture Capital Corp., to purchase the balance of a 4 acre property
  • 50% + senior water right holder on the main stem of the Eden Valley Aquifer and two supplemental groundwater wells
  • Entered into a lease agreement with a Tier 3 I-502 production and processing license holder
  • Leadership has local farming knowledge and relationships 
  • Room for further expansion

Turnkey Growing Facilities

Development Phases

Hub On AGORACOM

FULL DISCLOSURE: Bougainville Ventures is an advertising client of AGORA Internet Relations Corp.

CLIENT FEATURE: North Bud Farms $NBUD.ca sustainable low cost, high quality cannabinoid production and procurement $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

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
  • Phase 1 is located on 95 acres of agricultural farmland in Low, Québec.
  • Option exists to acquire more land if needed
  • Facility will focus on GMP (higher production grade) pharma-grade cultivation and food-grade extracted inputs

CHECK OUT OUR RECENT INTERVIEW

FULL DISCLOSURE: North Bud Farms is an advertising client of AGORA Internet Relations Corp.

North Bud Farms $NBUD.ca Upgrades to OTCQB to Engage and Expand U.S. Investor Audience $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 8:57 AM on Monday, March 4th, 2019
  • Company have been approved for and will commence trading on the OTCQB venture marketplace, operated by OTC Markets Group, under the ticker symbol NOBDF.
  • The Company also announced its strategy to create greater opportunity for its shareholders and attract new U.S. retail and institutional investors by providing transparency via this listing.

TORONTO, March 04, 2019 — North Bud Farms Inc. (CSE: NBUD) (OTCQB: NOBDF) (“NORTHBUD” or the “Company”) today announced that effective today, shares of the Company have been approved for and will commence trading on the OTCQB venture marketplace, operated by OTC Markets Group, under the ticker symbol NOBDF. The Company also announced its strategy to create greater opportunity for its shareholders and attract new U.S. retail and institutional investors by providing transparency via this listing.

“We are extremely pleased to announce our listing to the OTCQB Venture Marketplace,” said Ryan Brown, CEO of North Bud Farms Inc.  “NORTHBUD is committed to the high level of financial and corporate disclosure that is required for this listing category which further demonstrates significant improvement in how we are categorized in the public markets. This move represents our expansion in growing our U.S. investor shareholder base as we believe that trading on the OTCQB will enhance trading liquidity and continue to increase market adoption of our business model, thereby enhancing shareholder value.” 

The OTCQB is considered by the SEC as an established public market for the purpose of determining the public market price when registering securities for resale with the SEC. The OTCQB dramatically increases transparency, reporting standards, management certification and compliance requirements, the majority of broker dealers trade stocks on the OTCQB. Historically this has resulted in greater liquidity and awareness for companies that reach the OTCQB tier.

McMillan LLP serves as NORTHBUD’s OTCQB advisor, responsible for providing professional guidance on OTCQB requirements and U.S. securities laws. U.S. investors can find current financial disclosure and quotes for the company on www.otcmarkets.com.

About North Bud Farms Inc.
North Bud Farms Inc., through its wholly owned subsidiary GrowPros MMP Inc. which was acquired in February 2018, is pursuing a licence under The Cannabis Act.  North Bud Farms Inc. is constructing a state-of-the-art purpose-built cannabis production facility located on 95 acres of Agricultural Land in Low, Quebec. North Bud Farms Inc. will be focused on Pharmaceutical and Food Grade cannabinoid production in preparation for the legalization of edibles and ingestible products scheduled for October 2019.

For more information visit: www.northbud.com

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements
Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward- looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Such risks and uncertainties include, among others, the risk factors included in North Bud Farms Inc.’s final long form prospectus dated August 21, 2018 which is available under the issuer’s SEDAR profile at www.sedar.com. 

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
North Bud Farms Inc.
Edward Miller
VP, IR & Communications
Office: (855) 628-3420 ext. 3
[email protected] 

Bougainville Ventures Inc $BOG.ca – Why The Cannabis Sector Has More Room to Run $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 3:46 PM on Friday, March 1st, 2019
SPONSOR:  Bougainville Ventures Inc (CSE: BOG) Converting irrigated farmland to greenhouse-equipped farmland. Bougainville does not “touch the plant” and only provides agricultural infrastructure as a landlord for licensed marijuana growers. Click here for more info.
BOG:CSE
—————————————

Why The Cannabis Sector Has More Room to Run

  • Positive developments are palpable in the marijuana industry.
  • Be it acquisitions, expansion into industries like food, beverage, tobacco and cosmetics or legalization, things are increasingly falling into place for marijuana.

From Sanghamitra Saha: Positive developments are palpable in the marijuana industry. Be it acquisitions, expansion into industries like food, beverage, tobacco and cosmetics or legalization, things are increasingly falling into place for marijuana. ETFMG Alternative Harvest ETF (MJ – Free Report) is up 48.7% this year and appears to have more room to run.

Will FDA Regulate CBD in April?

There is growing demand for uses of CBD, a non-psychoactive ingredient in cannabis, in food, drinks and cosmetics. Naturally, companies selling food and drinks with CBD want FDA regulation for the industry. Though the U.S. FDA has forbidden companies from infusing CBD in food, many drink companies have announced plans to use it.

Congress legalized hemp products, including most CBD, in December in the 2018 Farm Bill. The FDA now has to set new rules for the industry. Amid ongoing legal uncertainty, which is causing quite an upheaval for the rising industry, FDA Commissioner Scott Gottlieb’s latest comment brought good news for the industry. He said “public meetings will be held sometime in April to hear from relevant parties on how best to regulate CBD derived from hemp,” per MarketWatch.

Marijuana for Pets Too?

Lifestyle guru Martha Stewart has teamed up with Canadian marijuana producer Canopy Growth CGC) as an adviser to help in the development and launch of a line of pot-based products for humans and animals, per Reuters.

The joining of Martha Stewart came with the deal between Sequential Brands Group Inc. (SQBG â€“ Free Report) (up 40% on Feb 28) and Canopy Growth (up 3.6% on the day). Sequential Brands, which is a licensing and brand management company, owns Stewart’s media company Living Omnimedia since Dec 2015.Substantial Growth Prospect in Hemp-CBD Market

The Hemp Business Journal estimates that sales in the hemp-CBD market will shoot up from $390 million in 2018, to about $1.3 billion by 2022. As U.S. cannabis companies are still under regulatory prohibitions, Canadian operators are looking for ways to expand their reach by mergers and acquisitions, per the source. And the hemp-CBD market offers lucrative opportunities for this. This is because the 2018 Farm Bill subjects hemp and its derivatives to agricultural products category rather than controlled substances.

Canopy Growth has plans to invest between $100 million and $150 million in a hemp industrial park in New York state, per Reuters. Meanwhile, Canada’s Tilray(TLRY â€“ Free Report) is working with Authentic Brands Group on a line of consumer products. Tilray announced an acquisition of the world’s largest hemp food maker Manitoba Harvest for about $318 million in February. Arcadia Biosciences Inc. (RKDA â€“ Free Report) – which normally develops food ingredients from wheat and soybeans – saw its shares jumping 49% on Feb 28 after it divulged plans to foray into the hemp industry (read: Top ETF Stories of February).

Source: https://etfdailynews.com/2019/03/01/why-the-cannabis-sector-has-more-room-to-run/

North Bud Farms Inc. $NBUD.ca – Cannabis edibles, plant proteins and other food trends to watch for in 2019 $ACB $WEED.ca $HIP.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

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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.

This article, written by Michael von Massow, University of Guelph; Aaron De Laporte, University of Guelph; Alfons Weersink, University of Guelph, and Liam D. Kelly, University of Guelph, originally appeared on The Conversation and is republished here with permission:

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.

Protecting our pollinators

In recent years, the humble bee has gone from picnic pest to cause célèbre. The decline of bee populations and its potential impact on food resources has Canadians rallying in support. And with good reason — a third of the world’s crops rely on pollinators.

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.

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.

Michael von Massow, Associate Professor, Food Economics, University of Guelph; Aaron De Laporte, Research Associate, University of Guelph; Alfons Weersink, Professor, Dept of Food, Agricultural and Resource Economics, University of Guelph, and Liam D. Kelly, Ph.D. Candidate, University of Guelph

Source: https://www.kitchenertoday.com/local-news/cannabis-edibles-plant-proteins-and-other-food-trends-to-watch-for-in-2019-1252723

CLIENT FEATURE: Bougainville Ventures $BOG.ca a Turnkey Greenhouse Growing Infrastructure Provider $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 12:09 PM on Friday, February 15th, 2019

BOG: CSE

  • Landlord for licensed marijuana growers in the United States
  • Brilliant business plan that removes all risk and appeals to traditional real estate investors
  • Bougainville does not “touch the plant” by only providing agricultural infrastructure to tenants
  • Converts irrigated farmland to greenhouse-equipped farmland
  • Signed Second Tenant for 21,000 SQF Lease
  • Ready for occupancy
  • Room for expansion
  • JV Agreement with Marijuana Company of America (MCOA:OTC)
  • MCOA invested $1M in cash

Early estimates show a greenhouse can produce twice the amount of product and at least
less than 50% of the cost compared to warehouse production.

Oroville, Washington

  • Construction complete of greenhouse optimized for low-carbon and sustainable operations
  • Facility projected to produce in excess of 12,000 lbs. of high quality cannabis per annum upon completion of all greenhouses
  • I-502 compliant property ready for tenant-grower occupancy
  • Entered into an agreement with Green Venture Capital Corp., to purchase the balance of a 4 acre property
  • 50% + senior water right holder on the main stem of the Eden Valley Aquifer and two supplemental groundwater wells
  • Entered into a lease agreement with a Tier 3 I-502 production and processing license holder
  • Leadership has local farming knowledge and relationships 
  • Room for further expansion

Turnkey Growing Facilities

Development Phases

Hub On AGORACOM

FULL DISCLOSURE: Bougainville Ventures is an advertising client of AGORA Internet Relations Corp.

North Bud Farms Inc. $NBUD.ca – From cannabis edibles to plant proteins: 2019 food trends $ACB $WEED.ca $HIP.ca

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.

Protecting our pollinators

In recent years, the humble bee has gone from picnic pest to cause célèbre. The decline of bee populations and its potential impact on food resources has Canadians rallying in support. And with good reason — a third of the world’s crops rely on pollinators .

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.

Source: https://menafn.com/1098111116/From-cannabis-edibles-to-plant-proteins-2019-food-trends

Bougainville Ventures Inc $BOG.ca – #POT Ticker Generates Frenzy As WHO Softens Stance On Marijuana $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 10:12 AM on Friday, February 8th, 2019
SPONSOR:  Bougainville Ventures Inc (CSE: BOG) Converting irrigated farmland to greenhouse-equipped farmland. Bougainville does not “touch the plant” and only provides agricultural infrastructure as a landlord for licensed marijuana growers. Click here for more info.
BOG:CSE
—————————————

POT Ticker Generates Frenzy As WHO Softens Stance On Marijuana

  • Little illustrates the mania for cannabis investments better than the unprecedented demand over the stock symbol POT.
  • But new recommendations from the World Health Organization suggest some of that frenzy may not be unwarranted.

Tiny Vancouver-based cannabis company Weekend Unlimited saw its stock gain as much as 148% Feb. 1 after winning out over 40 other companies in the first-ever lottery for a stock ticker held by Canadian exchanges. Weekend Unlimited, which previously traded under YOLO, short for “you only live once,” wasn’t exactly lacking a memorable ticker before it won the POT ticker.

In a weird twist, the YOLO symbol may find new life in another pot-related security, as the AdvisorShares Pure Cannabis ETF has filed to trade on the New York Stock Exchange under YOLO.

In more serious news, the WHO is recommending that cannabis and its resin be removed from Schedule IV, the most restrictive category of a 1961 drug convention that governs international treaties. The WHO is also moving to clarify that CBD containing less than 0.2% THC is not under international control at all.

If adopted, these recommendations would recognize changing attitudes toward the drug and its medical properties, potentially encouraging fence-sitting politicians to speed up the pace of legalization. They could also be a “catalyst for Big Pharma to further assess the global medical cannabis opportunity,” according to BMO analyst Tamy Chen.

Advertising Challenges

“The treaty’s recommended cannabis rescheduling provides countries additional political cover to re-examine their current state on cannabis, given it serves as the regulatory framework for many,” writes Bloomberg Intelligence analyst Kenneth Shea.

The proposals will now go to the United Nations’ Commission on Narcotic Drugs, whose 53 member nations will have the chance to vote on them, likely in March.

POT hype and WHO recommendations aren’t making it any easier to advertise cannabis brands, at least not yet. Earlier this month, CBS declined to air a commercial touting the benefits of medical marijuana during the Super Bowl and Facebook (FB) has booted some pot sellers off Instagram, Bloomberg’s Craig Giammona reported last week.

The restrictions are even tighter in Canada, where nearly all forms of marketing and branding are prohibited.

Canadian Supply

The Canadian government reported that total cannabis sales in December were up 4% from the month before, a muted gain given that November sales marked a 42% decline in per-day recreational pot sales from October, when legalization took effect.

The fact that total inventory continues to grow, hitting nearly two months’ worth of dried pot and five months’ of cannabis oil at the end of December, indicates that Canada’s ongoing supply shortage is more a function of supply-chain problems than a lack of product, according to Eight Capital analyst Graeme Kreindler.

“The process of getting products from vault to shelf remains a key step in alleviating supply issues in the Canadian market,” Kreindler said.

Edibles Question

The ongoing shortages, whatever their root cause, have raised concerns among some in the industry that it won’t be ready to meet demand for edibles and concentrates, which were expected to join dried flower and oils on store shelves by October of this year. However, Justin Trudeau’s pot czar told Bloomberg’s Josh Wingrove last week that sales may lag regulations, citing the 17-week gap between the federal pot law passing last June and the formal market opening in October.

According to Keith Merker, CEO of WeedMD, “It’s classic cannabis industry stuff; you’re operating in this mist of uncertainty and trying to make business decisions that are appropriate.”

The lack of clarity isn’t deterring big U.S. funds from sniffing around the industry. Funds with $100 billion or more in assets under management are exploring lending to Canadian cannabis companies as a way to gain expertise in the burgeoning market ahead of potential legalization.

The idea is to provide first-lien loans, which are first to be repaid when a company fails, to mid-tier pot firms, according to Cormark Securities’ Alfred Avanessy. This would open up a whole new world of financing to the industry, which has largely relied on equity raises and convertible debt to date.

Source: https://www.investors.com/etfs-and-funds/etfs/pot-ticker-frenzy-who-marjijuana-stance/

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Canada’s top marijuana enforcer stands by Liberals’ new pot policy

By Kory Dragon

  • 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.”

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,” 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.”

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.”

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.”

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.”

Source: https://www.lavalnews.ca/2019/02/06/bill-blair-marijuana/