You are commenting using your Twitter account. You are commenting using your Facebook account. Notify me of new comments via email. Notify me of new posts via email. View all posts by vertaalbureamotte Skip to content. Posted on January 5, by vertaalbureamotte As the Marijuana Industry continues to grow and expand, there are frequent acquisitions of licensed Marijuana growing companies or dispensaries.
Moreover, there have been a lot of company mergers and multi-store operators merging with other licensed businesses to become formidable in the Marijuana business industry. Jurisdiction When it comes to your cannabis license, the regulatory structure is a big factor you might need to consider in the profitability of your license. License Availability Here is another determining factor that shows how much value is placed on licenses. Market size This is a natural determining factor that also increases the value of any license issued.
Share this: Twitter Facebook. Like this: Like Loading Leave a Reply Cancel reply Enter your comment here Fill in your details below or click an icon to log in:. Email required Address never made public. Name required. To this extent, proper legalization and regulations will ensure that people and businesses comply with federal legislation and adhere to licensing agreements.
Also, the Cannabis Act will provide legal access for the production, distribution, and sales of marijuana. The Act will equally impact on marijuana users — whether for personal home use or commercial application. It will serve as a deterrent to teenagers trying to access cannabis in any form. Ultimately, the Act will protect public health and safety by ensuring product safety and quality for users. To add to this, it will put in place heightened penalties for persons who misuse cannabis or its derivatives as a stimulant to perpetrate crimes.
The truth, however, is that legalizing cannabis before appropriate legislation takes effect will put the substance into the hands of teens as well as people who could slip into crimes. Allowing people to use it before federal legalization will only make it unregulated and a stimulus for organized crime.
Another clarification that people desire is the difference between the current legal status of marijuana and tobacco. The answer is that there is the Cannabis Act and there is the Tobacco Act. Both Acts seek to protect the general populace from misusing both marijuana and tobacco in a bid to protect public health. The Tobacco Act enforces a ban on public smoking as well as proposes prohibitions on the way tobacco is packaged and promoted, but this remains to be seen with the Cannabis Act.
The public has also demanded to know when people will be legally allowed to grow, use and buy marijuana without any sense of illegality. When the legislation goes into effect and becomes legal, Canadians will be able to grow, possess, use and sell marijuana without any legal fears.
But this will only be for limited quantity of the substance so that people will not misuse it, and purchase will only be from federally licensed retailers. There is no fear that growing cannabis for home use may make it accessible to teens or criminal gangs. The reason for this is because the Cannabis Act provides that parents should keep the plants inaccessible to their children; and then, only four plants are allowed per household.
No single family will be allowed to cultivate above four marijuana plants. And, these should be kept away from youths. TIP: Looking to buy seeds? Visit the ILGM marijuana seed shop. Lastly, commercial cannabis growers and distributors will be able to do so but with limited public advertising. This is essentially to discourage teens and young adults from trying out cannabis products. Approved cannabis ads will be factual and contain accurate information on the product as well as risk factors.
This will allow you to legally grow, distribute and sell it within the country. These regulations set the standards for growing, distributing and selling cannabis within the country. They ensure that licensed producers, distributors, and sellers of cannabis remain in compliance. The standards involved include record-keeping, security measures, and quality assurance. This is called a Commercial Production License.
It must be obtained through Health Canada. Responsible Person, Master Grower, Head of Security , as well as any directors, officers and key investors, are also required to hold a security clearance.
The license holder must retain the services of one individual as the Responsible Person, who has the authority to bind the holder. They are also required to hold a security clearance. The license holder may designate one qualified alternate Responsible Person who is also required to hold a security clearance.
The license holder must retain the services of one individual as the Head of Security who is responsible for ensuring that the applicable physical security measures set out in Part 4 of the Cannabis Regulations are complied with and that implements the organizational security plan of the licence holder.
One qualified alternate Head of Security may be designated. The Head of Security, and any alternate, must hold a security clearance. Hiring a Master Grower is also a requirement for license holders. The Master Grower and one optional qualified alternate Master Grower must hold a security clearance.
The facility must have any on-site storage areas and the site perimeter surrounded by a physical barrier in order to safeguard against unauthorized access. Access to all storage areas must be restricted to authorized personnel only. Micro-Cultivation Licenses allow up to square metres approx. A Nursery license is limited to 50 square metres approx. To ensure production standards, analytical testing for microbial and chemical contamination is required. Those with the appropriate licence can conduct analytical testing in-house, but pesticide testing must be done via a third-party Analytical Testing License holder.
Only fully-built facilities are eligible for a license. Applicants are required to submit a site evidence package with visual evidence to demonstrate the completion and functionality of their facility. All of the requirements listed for Micro-Cultivation and Nursery Licenses above. The facility must have any on-site storage areas, operations areas, and the site perimeter surrounded by a physical barrier in order to safeguard against unauthorized access.
Access to storage and operations areas must be restricted to authorized personnel only. A record must be made of everyone who enters and exits from storage areas. Each storage area must be located in a place that satisfies the security measures outlined in the Cannabis Regulations.
The site perimeter, operations areas, and storage areas are required to be monitored by visual recording devices at all times to detect and record any unauthorized attempts, successful or unsuccessful, to access the site.
Entry and exit points on grow areas must be visually monitored as well. It must also be possible to detect unauthorized movement within operations and storage areas. The intrusion detection system is required to be monitored at all times, and the license holder is responsible for determining what measures are appropriate in response to any incidents.
In cases of an incident, the holder must retain a document that contains the date and time of the occurrence, how it was responded to, and the date and time of when that response took place.
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