03-02-14/longtime sparing some/ excerpt/ REGARDING LICENSURE: 8 to 12 wks. will be lingering for product. that's june , maybe july. it takes growing time! drying time 2 to 3wks.
that take fitx to sept.,oct,2014 to rollout some weed. the above IF THEY GEY A LICENSE canada law no exporting/\
-On 3/2/14 Bill stated on Facebook, "We are aiming for an accelerated build out of our existing 27,000 sq ft building. We anticipate completion within 8 to 10 weeks when we will call for inspection."(In the 420 Investor interview with Alan Brochstein, he mentioned that Health Canada requested that they expedite the build out, so they decided to retrofit the existing building prior to finishing the build out of the larger new building, which they continue to do at the same time). -On 3/3/14 Bill stated on Facebook, "We only have to have the fence, the security protocol and cameras, vault and software in place." -In an article 3/4/14, Bill stated, “We anticipate our license being issued in 8-12 weeks.” ( I'm assuming actual interview was likely a couple weeks prior to the printed quote; http://www.dailytribune.com/general-news/20140304/madison-heights-businessman-sees-billions-in-medical-pot ).
April 1st a new law will be adopted in Canada. Health Canada The medical marijuana industry will be going legitimate.
Neighborhood grow operations, for the most part, will be a thing of the past. Marijuana will now be grown in highly regulated production facilities.
Canadians will only need a regular doctor's prescription to purchase the drug, as opposed to the existing rule where one requires a license from Health Canada.
a gram of medical marijuana now costs $5, 50% lower than the street price just a few years ago. Some growers claim they can produce a gram for about $1.80 to $2.
April 1st a new law will be adopted in Canada. Health Canada The medical marijuana industry will be going legitimate.
given that the marijuana industry is expected to grow substantially, medical marijuana-related stocks are on fire.
The market sentiment is that the industry is embarking upon a ten year growth period.
a few months ago, the majority of these companies' stocks couldn't catch a two or three cent bid. Very few investors, if any, were trading them, and some of these companies were still operating in another industry - the most common being exploration
April 1st a new law will be adopted in Canada. Health Canada The medical marijuana industry will be going legitimate.
limits on full scale production / licenses? no exporting? from canada? There are likely several hundred applicants in Canada trying to become legal growers under the government's new law. However, Canada may only need a dozen full-scale operations to service the entire country's demand (and this isn't a product that can be exported, so the market potential is limited to Canada.)
the majority of applicants simply won't have the means to raise enough capital to construct a large enough commercial grow operation. The government does not want hundreds of small growers supplying the entire country.
It's too hard to regulate that way and this created illegal distribution in the past. The government wants large-scale operations that are efficient and well-funded. They want these grow operations to be ran by business people. This is why we have seen public companies enter this sector.
Financial Backing
Which industry is efficient at raising several million dollars, for risky ventures, in a relatively short period of time? The public markets - particularly Canada's junior speculative market. Surely the government, before granting licenses to grow on a large scale, will require proof of funding for the operation.
April 1st a new law will be adopted in Canada. Health Canada The medical marijuana industry will be going legitimate. That eliminates all the mom and pop growers.
this estimate that will remove more than half of all applicants, perhaps even two-thirds.
The door is then open for financiers from Howe Street and Bay Street to bring on the proper management teams.
will be very interesting to watch what kind of financing terms some of the new medical marijuana-related stocks can close on.
It will also be more telling to see which institutions decide to participate in financing some of these companies.
'mick,standing behind scenes.' If one of the major investment banks in Canada decides to bankroll a medical marijuana pubco, the floodgates will open, and we will see all the major firms follow suit.
Right now, given the controversy surrounding the sector, most firms are waiting for their competitors to make the first move.
Not Just About Growing Marijuana Growing marijuana is just one entry into this sector for a public company it is the riskiest and will require the most capital. There are a number of other ways a public company can capitalize on the marijuana boom, such as: