Plant Can Produce 2.8 Billion Gel Caps Per Year – LPC “Olds Softgels Inc. is strictly for the medical community, and will never produce a product for the recreational market.” So said Jerry Bechtold, General Manager of one of Canada’s newest licensed producers (LPs). Olds Softgels Inc. received its Health Canada Processing Licence on September…

Canadian Imports Feeding Medical Cannabis Market in Germany – LPC The medical cannabis market in Germany has been open for two years now, and projections are it could become one of the world’s largest. However, domestic cultivation is still in development. That’s good news for Canadian companies like Aurora Cannabis, Inc. Right now, Germany imports…

Locals Hope Cannabis Tourism Can Replace Chocolate Factory Visitors – LPC Smith Falls, Ont. is hoping that cannabis tourism will be able to replace the loss of tourists to the town when the Hersey’s chocolate factory closed in 2008. Local entrepreneur Gordon Weiske said that the factory attracted 250,000 visitors per year. That’s a big…

Health Canada Receives 83 Micro-Cultivation Licence Applications Health Canada’s micro-cultivation licence may create a whole new sector of the cannabis industry: cannabis co-ops. The government agency said it has received 83 applications for micro-cultivation licence applications as of January 31, 2019. Many of those are from cannabis co-ops pooling knowledge and resources. In BC, the…

Some Hope Cannabis for Medical Use the Answer to Ohio’s Opioid Crisis Ohio first passed medical cannabis into law in 2016, but it took until January 2019 for the first store to open in that state. The law authorized patient use of cannabis with any of 21 conditions including cancer, Alzheimer’s, and multiple sclerosis (MS).…

  Winnipeg-based Delta 9 Turned In-house Solution into Growing Side Business 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…

Cannabis May Have Accidentally Been Genetically Engineered to Thrive in Small Places While many licensed producers (LPs) in Canada are scaling up their cannabis production to meet shortages, others are taking a more cautious approach. John Fowler, CEO of Supreme Cannabis Company, said that cannabis’ illegal history may have contributed to the fact that it…

Farmers Now Earn $50,000 Per Acre Instead of $1,000 The Trump government in the United States has now legalized hemp, which not only is a big economic move on its own but also signals that cannabis in general may not be far behind. A recent Forbes article (click on the link below) connects the recent…

Like Any Industry, Cannabis Licensed Producers Need Suppliers It shouldn’t be a surprise that much of what’s happening around cannabis is actually happening indirectly to the industry. Like any industry – mining, forestry, agriculture, etc. – companies working within the sector need suppliers to keep them productive. Equipment sales, service companies, innovative tech companies, and…