Replies to post #277 on Ravenquest Biomed Inc (RVVQF)

[centurycom]

Canada is running out of marijuana two days after drug became legal
Government expected ‘a bit of a run on supply,’ MP says

Toyin Owoseje @toyinreports
2 days ago
12 comments

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The Independent US
Canadians were so excited about getting their hands on some legal, recreational marijuana the country is reportedly experience a shortage.

Police were called to help shops struggling to handle long queues and with frustrated people unable to buy cannabis.


Bill Blair, a former Toronto police chief who has led the government's legalisation programme, told public broadcaster CBC the country was unable to supply enough to meet demand.

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“We expected, you know, certain strains might run out and there would be a bit of a run on supply,” he said.




“But, you know, they've got a pretty good infrastructure in place and I'm confident it will work."

On Wednesday Canada became the first industrialised nation and only the second country in the world, after Uruguay, to legalise recreational cannabis as part of a controversial experiment in drug policy.



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Under the new law, citizens will be allowed to carry up to 30 grams of cannabis in public and each household will be able to grow up to four marijuana plants.


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Medical marijuana has been legal in Canada since 2001, and Justin Trudeau’s government has spent two years working to expand that to include recreational use.

According to Statistics Canada, 5.4 million Canadians will buy cannabis from legal dispensaries in 2018 – about 15 per cent of the population. Around 4.9 million already smoke.

Vancouver-based Lift, a marijuana media platform in Vancouver, estimates Canada’s cannabis industry has enough funding to boost production of the combustible herb to between 400,000 and 500,000 kilograms a year.
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Perhaps when they look at Health Canada and determine they are inefficient in approving licensing they will make some changes.

[centurycom]

RavenQuest has its license to cultivate. They are waiting for their approval for a license to sell. Everything has been submitted to Health Canada and they are just waiting for approval. A good sign for RavenQuest is that the only question from Health Canada after receiving all documentations from RavenQuest was a benign question pertaining to future plans of whether RavenQuests intents to open any retail outlets, which indicated to RavenQuest that all documentation from them was in order. Considering that after only two days of selling recreational usage cannabis supply is gone, I would believe that fact may add incentive to speed up approvals since the public is not very happy about that situation.