Licensed Producers Canada
Canada is a global pioneer when it comes to the safe, secure production of cannabis and cannabis products and that includes the development of our Licensed Producer system. With the legalization of cannabis first for medical use and now for adult use.
LPC’s Most-Read Cannabis News Stories of 2019. Cannabis for PTSD May Be Helping - Licensed Producers Canada. UBC Study Connects Cannabis with Lower Rates of PTSD – LPC People who use cannabis for PTSD (post-traumatic stress syndrome) tend to have fewer depressive episodes and suicidal thoughts.
In fact, researchers concluded that PTSD sufferers who didn’t use cannabis were “far more likely” to have major symptoms. “Among the cannabis-non-using population, there was a strong association between having PTSD and experiencing these indicators of severe mental distress,” Stephanie Lake said. Lake is the lead author on the paper, published in the Journal of Psychopharmacology. Those who did not use cannabis for PTSD (or even recreationally) were seven times more likely to have a depressive episode.
Lake stressed that this study is not conclusive. The BC Centre on Substance Use and University of British Columbia (UBC) conducted the research. Calgary Not Getting Enough Cannabis Excise Tax - LPC. City Claims It Has to Cover Cannabis-Related Costs Itself – LPC Matt Zabloski, Calgary’s lead on cannabis legalization, said that it is not receiving its share of the cannabis excise tax.
That’s making it more difficult to pay for the services needed to properly police and manage cannabis consumption within Calgary. Researchers Recommend Creating a Standard Cannabis Unit System - LPC. Grading System Would Help Improve Mental Health of Users – LPC Researchers in the UK recommended creating a standard cannabis unit system.
This would be similar to the grading system used for alcohol to help track how much they’ve had to drink. Under the proposed system, 5mg of THC would represent one standard cannabis unit. Researchers said they chose that amount on purpose. It’s enough to feel some of the effects of THC but not enough to trigger a psychotic response. LPC Marketplace Ads – Free for 7 Days! - LPC Marketplace. Gain access to the cannabis industry through the LPC Marketplace, your direct link to industry customers.
LPC Marketplace is similar to Kijiji, Craigslist, and other online classifieds except that it targets only buyers and sellers in the cannabis industry including suppliers, services, equipment sales, and more – in other words, your target market! Plus, LPC Marketplace can help you boost your SEO efforts. LPC’s high Google ranking means that your ads are more likely to show up in Google results, sending potential customers directly to your website. Ads are free for 7-day placements, and you can repost every week. Or, save the time by placing a premium ad starting at $34.44.
Vancouver 4/20 a Mirror for What’s Working with Legalized Cannabis - LPC. First “Legal” Vancouver 4/20 Not Entirely Legal Vancouver 4/20 started as a protest against the criminalization of cannabis.
This year, the first 4/20 event since cannabis was legalized, organizers still feel they have issues to protest. For one, city officials still refuse to give permits for the event. “To opponents, the 25th annual event has grown into a full-fledged festival and trade show that is shirking the proper permitting processes, and full costs, by continuing to declare itself a protest,” the Globe and Mail article states about the Vancouver 4/20 event last Saturday. “Organizers counter that they pay tens of thousands of dollars every year, covering the costs of everything but policing, including sanitation, park maintenance and private security. The article noted that Park Board Commissioner John Coupar “wandered the periphery” of the Vancouver 4/20 event at Sunset Beach. Cannabis POS System Maker a Canadian Success Story - LPC.
Cova Software’s Cannabis POS System Beat Out Popular Foreign Companies – LPC Cova Software is the little-known company behind a unique cannabis POS system in Canada.
You might think that POS or “point of sales” software are everywhere these days – what’s the big deal? Selling cannabis is not the same as selling other products, though. “We carefully designed our product to align with the nuances of cannabis laws and regulations,” said Cova CEO Gary Cohen.
Cannabis Revenue: Where Does Aurora’s Come From? - LPC. Motley Fool Digs Deeps into Aurora’s Cannabis Revenue – LPC Aurora Cannabis recently reported its cannabis revenue for its fiscal second quarter – and the numbers are revealing.
Aurora was second only to Canopy Growth in sales. Net revenues were a reported $54.18 million in the second quarter (compared to $83 million in net revenue for Canopy). However, breaking down those numbers reveals some interesting facts. Cannabis Pardons “Guessed” at 4 Per Cent of 250,000 People – LPC. Cannabis Pardons “Guessed” at 4 Per Cent of 250,000 People – LPC According to a Globe and Mail report (please see link below), approximately 10,000 cannabis pardons could be in the works.
However, Public Safety Ministry spokesperson Scott Bardsley stressed that the number shouldn’t be treated as a hard number. “These estimates should be treated as a guess, not a definitive count,” Mr. Bardsley in an e-mailed statement to the Globe. “There is no way to know how many people will be eligible and will apply before the policy is in place.” The numbers are taken from the Public Prosecution Service of Canada (PPSC), which handles drug crime cases. The new cannabis-amnesty bill, Bill C-93, was tabled in parliament two weeks ago. Calgary Doctor Thinks Cannabis Can Be Part of the Solution to the Opioid Crisis. Calgary Doctor Thinks Cannabis Can Be Part of the Solution to the Opioid Crisis – LPC Dr.
Jonathan N. Stea, a child psychologist in Calgary, is not convinced cannabis is the solution to the opioid crisis. (Link to full story below.) He points out how misunderstood cannabis is today. So what is the truth? Ontario Retail Cannabis Licence Structure Taking Shape. Nova Cannabis Sets Up Licensing Agreement with Toronto-Based Retailer The rules around Ontario’s retail cannabis licence structure are beginning to take shape.
There have been some clear regulations, including the fact that licensed producers (LPs) cannot own more than 9.9 per cent of a retail cannabis operation. So how would the retail cannabis system work with independent licensees? One of the winners of the Alcohol and Gaming Commission of Ontario (AGCO) retail cannabis lottery, Heather Conlon, has signed a licensing agreement with Nova Cannabis to use their name at the retail cannabis location. Can Cannabis Prevent Diabetes? There have been several studies into how effective cannabis might be in treating or even preventing diabetes.
However, the results aren’t clear. One 2012 study published in the British Medical Journal (BMJ) found cannabis use reduced the risk of developing diabetes by 58%. A similar – and larger – study published in the Journal of Diabetes Research in 2016 didn’t find any correlation. Still other research found that cannabis can prevent or delay the onset of Type-1 diabetes, according to the Diabetes Council. The key is its anti-inflammatory benefits. Diabetes affects millions of people around the world – and the percentage of people suffering from this chronic disease is growing.
Cannabis may prove to be a good treatment, especially indirectly. In general, the anti-inflammatory properties of cannabis can also help the secondary symptoms that lead to more chronic conditions down the road such as heart problems, circulation issues, pain, and diabetes-related eye problems. World Health Organization Signals Step Towards Cannabis Legalization. New UN Leadership Following Softer Stance on Cannabis.
When Canada legalized cannabis for adult use on October 17, 2018, the country technically violated three UN international treaties on banning certain drugs. The UN formally “warned” Canada that if cannabis was legalized for non-medical or non-scientific use, it would be “incompatible with obligations” the country agreed to in a 1961 convention it signed. However, there are signs that the UN itself may be softening its view on cannabis use. Secretary-General António Manuel de Oliveira Guterres helped decriminalize all drugs when he was prime minister of Portugal, so it’s not surprising he’s adopting more progressive views on cannabis.
In turn, the World Health Organization (WHO) is reviewing whether or not cannabis should be on the list of controlled substances. Currently, it is listed alongside such drugs as heroin and fentanyl. WHO also plans to reopen research into the public health benefits and harms of cannabis and related drugs. Click here to view full story at www.forbes.com. Is Recreational Cannabis Adding Unfair Taxes for Medical Users? - Licensed Producers Canada. In a recent opinion piece in the Globe and Mail, David Clement argues that legalizing cannabis for adult use has “inflated prices” due to taxes and costs for “bank vault” growing conditions. He argues that this may be putting medical cannabis out of reach for those who need it most. “The pricing on cannabis resembles how the government views alcohol. The issue with this view is it completely ignores that cannabis is also a wellness product and a medical product. Because the government has failed to understand this, patients are now paying excise taxes on their prescribed medicine.
This is incredibly cruel for patients, many who are either on disability or fixed income,” he said. He cites the 10 per cent federal excise tax, the 2.3 per cent federal revenue tax, and various provincial taxes such as Manitoba’s Social Responsibility Fee as part of the ever-growing tax burden. Bonify Executives Removed After Health Canada Probe - Licensed Producers Canada. Winnipeg-based Bonify “terminated” three top executives and “dimissed” an executive assistant after an investigation found that the company was selling “unauthorized” cannabis in Saskatchewan.
All the quotation marks here illustrate just how much of a grey area Bonify is in legally. Health Canada hired private contractor RavenQuest Technologies Inc. to investigate Bonify after two recalls of its product. Robinson found a number of irregularities including 200 kg of unlicensed cannabis that arrived at the facility and bullying staff against whistleblowing. George Robinson, RavenQuest CEO, called the Bonify situation a case of “creative entrepreneurialism”.
Cannabis Industry in Alberta “Well Ahead” of Canada: Notley. Alberta Premier Rachel Notley told CTV Calgary that Alberta leads the country when it comes to retail cannabis. As of January 1, 2019, the province had 65 bricks-and-mortar stores according to the Alberta Gaming and Liquor Corporation (AGLC). “We’re pleased that the AGLC has been so far ahead on this,” Notley said. “We have more product and more access to the product in Alberta than in other parts of the country.” Compare that to the rest of Canada, and she looks to be correct. Currently, there are 12 legal retailers in Quebec, one in British Columbia, and zero in Ontario, which is expected to open 25 retailers in April of this year. The good news in the cannabis industry was balanced in the article with the bad news in the oil industry. Notley is “relatively optimistic” about the Trans Mountain pipeline to British Columbia, though she notes the problem is that it will be delayed. One of the main concerns over legalization was that it could cause policing issues.
Will the US Legalize Cannabis in 2019? Cannabis-based Beauty Products Hit Neiman Marcus. Bigger Not Always Better in Cannabis Industry. While many licensed producers (LPs) in Canada are scaling up their cannabis production to meet shortages, others are taking a more cautious approach. Shutting Down Illegal Toronto Cannabis Retailers "Complex" More than a dozen illegal cannabis stores in Toronto are still operating, and officials say that shutting them down will be a “complex process.” “There’s not clarity out there, and we need to provide clarity to the people operating the stores, to the people looking to get the medicinal as well as recreational cannabis,” said Toronto city councillor Jim Karygiannis.
The city said that it is working with police to shut down all remaining illegal shops, but it will require a number of steps. Part of the problem is that Ontario still does not have any bricks-and-mortar stores. A lottery taking place this January for licences will allow just 25 stores to open province-wide. However, due to the randomness of it all, areas of the province could be left with no stores. Grow Pods a Success Story in Scalability and Quality Control. A news report from the CBC features Delta 9 Cannabis’ grow pods, a self-contained, turnkey cannabis operation that can produce about 32.5 kg of cannabis per year. At current prices, that’s with generate about $300,000 to $400,000 annually. The pods are made from shipping containers, modified to grow cannabis. Their design means that they are also stackable, theoretically turning any warehouse into a large operation in three dimensions.