Weed MD

[beakermuppet]

http://london.ctvnews.ca/video?clipId=295022 - VIdeo


http://weedmd.com/press/Press-Relea...Canada-s-Top-Provider-of-Medical-Marijuana_4/




Posted by WeedMD on Feb 21, 2014 at 10:08 am

Former Imperial Tobacco factory in Aylmer, Ontario will produce product that exceeds Health Canada standards and creates quality jobs.

Canadian market could exceed $1.3 Billion in 2024.

Toronto, Canada. February 21, 2014 Toronto-based WeedMD.com, ( WeedMD.com or the Company ), an innovative medical marijuana producer with a unique business plan, is pleased to announce that it is in the process of completing a $3 million financing round to launch a new plant in Aylmer, Ontario to produce affordable, high quality medical marijuana that exceeds stringent new Health Canada regulations. The plant, which will create many quality jobs in south west Ontario, is on the site of a large former Imperial Tobacco factory. WeedMD.com has already secured a pre-approval licence from Health Canada to produce 2,500 kg of medical marijuana a year. In marketing its product, the Company will put special focus on long-term care facilities, many of whose patients plan to use medical marijuana. Bruce Scully, CEO of WeedMD.com, has extensive experience as a long term care facility executive. The Company's state-of-the-art web site will empower patients and doctors to order medical marijuana securely and for the public to obtain information about the evolving medical marijuana market. WeedMD.com is pursuing a number of exciting strategic partnerships to ensure its position as a leader in the marketplace.

WeedMD.com's launch takes advantage of new government regulations stipulating that all home growers must cease their activity by April 1, 2014. This will force approximately 42,000 medical marijuana users to find new sources for legal product. For WeedMD.com and the other companies capable of meeting the rigorous standards to become a licensed producer, this is a big business opportunity. Health Canada estimates that Canada's legal marijuana supply industry could reach $1.3 Billion in sales by 2024. While this is certainly encouraging news for the potential manufacturers, it poses a legitimate concern for users: price. Under the previous regulations, medical marijuana could be purchased directly from Health Canada for $5 a gram. Until such time as there is significant competition in the marketplace, users must realistically expect that price to climb.

Access and cost are just some of the concerns that licensed providers will need to address, says WeedMD.com CEO, Bruce Scully. Quality and variety of strains are also key elements that must be given tremendous consideration if one hopes to meet the needs of licensed medical marijuana patients Scully adds: Further to this is the issue of discretion. Recent studies have only lent more credence to the assertion that marijuana is a legitimate form of medicine. However, one cannot deny the fact that there is still some element of a social stigma that users must contend with and for them, respect for their privacy is a truly valid concern. WeedMD.com's mission isn't to meet some user concerns; we strive to meet them all.

WeedMD.com has already secured a pre-approval license from Health Canada to produce 2,500kg of medical marijuana per year. The Company has begun converting Imperial Tobacco's former plant in Aylmer, Ontario into a medical marijuana production facility. According to Scully, it is a good feeling to know that we're transforming a facility that contributed to the decline of our nation's health into one that will ultimately provide relief from illness. Phase 1 consists of a 25,000 sq. ft. structure completed with retrofit, which is currently underway. WeedMD.com ultimately plans to expand this production facility to more than100,000 sq. ft. in 20,000 sq. ft. increments.

The Company is waiting for approval of its license from Health Canada's Marihuana for Medical Purposes Regulations (MMPR) before it can start producing product. Employment opportunities will be made available to growth production specialists, who will help provide daily care for the plants, and to client service representatives who will assist clients through the process of obtaining the necessary medical documents and to identify the strain of marijuana best suited to their needs. In order to meet the strict guidelines put forth by Health Canada, it is expected that many more jobs will be filled in the months and years to come. The facility will also maintain a lab for testing plants for tetrahydrocannabinol (THC) and cannabidiol (CBD) levels prior to shipping product to clients.

WeedMD.com's Master Grower, Mario Meek, has already begun developing 10 strains for immediate production with plans to add 23 more varieties, including some award-winning strains, in the coming months. Under the new MMPR guidelines, patients no longer need a license to obtain these medical marijuana products. Instead, they will need to obtain a document from a licensed physician, which will then be submitted to a licensed provider, such as WeedMD.com, who will fulfill orders online or by phone.

WeedMD.com is in the final phases of developing their website, which will serve not only to process patient orders but will also serve as a resource hub for patients and doctors alike. One of the Company's goals is to help position marijuana as an acceptable form of medication. WeedMD.com's website will play a critical role in making information available to the public so that patients and doctors can make informed decisions regarding their health care. The website is not only secure; it also allows individuals to log on and ask questions of industry leaders anonymously. This is yet another demonstration of WeedMD.com's commitment to patient confidentiality.

Keeping prices low will be a major challenge for all producers under the new system. New regulations call for strict security and quality assurance measures that are expensive to implement. Considering the added expense of packaging, shipping, etc. and it is not surprising that patients are concerned about skyrocketing costs. As reported in the Vancouver Sun, John Conroy, a lawyer, stated Thousands and thousands of patients are approved to use more than 10 grams a day that's $100 a day at the new rates. No one can afford that." Conroy went on to point out that 60 to 70 percent of approved patients participate in fixed disability programs and will be adversely affected under the new system. WeedMD.com hopes to alleviate patient concerns by developing programs to assist those with financial challenges. By educating the public, WeedMD.com also aims to increase pressure on insurance companies, encouraging them to accept medical marijuana as an alternative medicine so that patients can get coverage under existing or newly developed policies.

Contact:
Bruce Scully, CEO
WeedMD.com Rx Inc.
Mobile: 416-666-4600
bruce@WeedMD.com
www.WeedMD.com
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[Buds Bundy]

This has already been discussed in another thread. Wow I wasn't aware Canada had an unlimited population supply where people just magically appear and are willing to go through the steps with their open eyed doctors just willing to sign marihunan prescriptions for anything like in grown nails to herpes.
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Man a LOT of "key words" in that article to make investor types salivate just by reading it.

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WeedMD.com has already secured a pre-approval license from Health Canada to produce 2,500kg of medical marijuana per year.

You and the other 100 companies.

[FONT=Arial, Helvetica, sans-serif]This will force approximately 42,000 medical marijuana users to find new sources for legal product.[/FONT]

LOLOLOLOL Well lets see what happens to that 42K possession licenses number on April 1st.

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[/FONT][FONT=Arial, Helvetica, sans-serif]Until such time as there is significant competition in the marketplace, users must realistically expect that price to climb. [/FONT]

Now this one, where to begin. They are basically saying that hey you had your PPL which cost about $200 to produce a LB or you had a DG grow you which cost you nothing to get marihuana BUT now we the LP's with government approval are here to make you safer and have better medicine BUT BUT you can expect to pay up the ass to cover out first few years of business and the dividends we expect to pay out to out share holders. On did you know that we are basing our business model on 42K possesion licenses that are 100% going to order from us and as if the Canadian marihuanan black market never existed or no one could get weed before.

 

[blastfrompast]

I see about the same percentage of people buying from the LP's on a consistant basis to be the same ones who are using disp, now or buying from HC...

Everyone else will order a bit for a bill container or ID...but after that...why pay retail...I sure as hell don't buy by the gram...no deals on even an oz....gimme a break.....IMHO the market is gonna be flooded byt he time we hit 10...cause 2 of those are milled...and nobody seems to want that shit

 

[Buds Bundy]

I see about the same percentage of people buying from the LP's on a consistant basis to be the same ones who are using disp, now or buying from HC...

Everyone else will order a bit for a bill container or ID...but after that...why pay retail...I sure as hell don't buy by the gram...no deals on even an oz....gimme a break.....IMHO the market is gonna be flooded byt he time we hit 10...cause 2 of those are milled...and nobody seems to want that shit

They will get the dispensary people, how many who knows but the dispensaries didn't have the monster overhead associated with growing/salaries/dividends/going public and making sure you have to be making profit for the share holders.

I think the gov not getting dispensaries involved in this was a wrong move. They are already establish outlets and people were comfortable with them. Would have been easy to move people over to the LP's or even the dispensaries being the outlets.

 

[Buddha1]

All the LP's are forgetting that there entire business is going to be based on weather Doctors sign the paper work, or not.

Yes...They will be getting a small percentage of existing ATP holders, but all other patients from now until 2024, need that Doctors signature. Compassionate Doctor's were extremely hard to find and will remain hard to find, most patient had to pay a large fee to have there paper work filled out. I really don't see this scenario changing. And, I really can't see anyone paying a few hundred just to be allowed to spend hundreds for legal Medicine, when the black market is down the street.

Most LP's are banking on exporting to the United States and other Medical MJ countries...LP's could careless about Canada's chronically ill. The Government is going to regret the MMPR. If they thought it was shitty dealing with a bunch of Medical users, with little or no cash over the MMAR, wait until they have to deal with Big Business and there teams of Million Dollar lawyers over the MMPR.

Peace...B

PS. I'm sure that huge warehouse and factory pasted in the beginning of this thread will make millions overseas.

 

[Canada]

All the LP's are forgetting that there entire business is going to be based on weather Doctors sign the paper work, or not.

Yes...They will be getting a small percentage of existing ATP holders, but all other patients from now until 2024, need that Doctors signature. Compassionate Doctor's were extremely hard to find and will remain hard to find, most patient had to pay a large fee to have there paper work filled out. I really don't see this scenario changing. And, I really can't see anyone paying a few hundred just to be allowed to spend hundreds for legal Medicine, when the black market is down the street.

Most LP's are banking on exporting to the United States and other Medical MJ countries...LP's could careless about Canada's chronically ill. The Government is going to regret the MMPR. If they thought it was shitty dealing with a bunch of Medical users, with little or no cash over the MMAR, wait until they have to deal with Big Business and there teams of Million Dollar lawyers over the MMPR.

Peace...B

PS. I'm sure that huge warehouse and factory pasted in the beginning of this thread will make millions overseas.

Really you think its going to be hard to get a doc to sign ?

Big business will open there own Skype Doctors . They will be sending the entry lvl kid that sweeps the floors at the Production site to university to become a doctor . They will shape and mould the model of their business according . Doctors are just people . And most people are for sale and if their not then their broke and looking for a hand out .

 

[tomjonesthe3rd]

What Canada just said ^.

Companies like Tweed are already hiring reps to go out and talk up the product to doctors. No different than any other pharma company. Big money in making this system work well. I think too many here want the MMPR to fail so much that they forget to use their noggin. Money talks, and there are millions being thrown about right now.

 

[Buddha1]

Really you think its going to be hard to get a doc to sign ?

Big business will open there own Skype Doctors . They will be sending the entry lvl kid that sweeps the floors at the Production site to university to become a doctor . They will shape and mould the model of their business according . Doctors are just people . And most people are for sale and if their not then their broke and looking for a hand out .

What Canada just said ^.

Companies like Tweed are already hiring reps to go out and talk up the product to doctors. No different than any other pharma company. Big money in making this system work well. I think too many here want the MMPR to fail so much that they forget to use their noggin. Money talks, and there are millions being thrown about right now.

Not trying to fuel the fires of a fight...

But...

Obviously both of you haven't kept up on what the "College of Physicians" across Canada, has advocated as to there policy toward Medical MJ. A policy, that all Doctors are expected to adapt, under threat of action from the College if not adopted. The College is absolutely against the new MMPR program, as they are against the MMAR program. The College of Physicians is and has been extremely clear on there policy, which is...They are not going to be the gate keepers to a program that allows the use of a unapproved FDA drug. Now that leaves, the unscrupulous Doctors, which will see massive profits to be gained with the void created by the College's policy. These doctors will be setting up all the Clinics and Skype programs that you are referring, which will take care of any patient that wants a signature...For a price.

The point I was trying to convey...

Is why would the patients of Canada use these pay services, when they can go down the street and buy from the Black Market sellers for the same price as the legal sellers. They can see the product before hand, of what they are buying(no fuss, no muss). The people have not needed a legal source in the past and without a substantial saving of some kind, they will find no need to change there status quo(Now or ever). Yes...A small percentage will need the legal approach for there own peace of mind, but majority will not be bothered about legal or not legal, majority will only be concerned with price and convenience.

I hope this clarifies any misunderstandings.
Peace...B

PS. I resent the statement, that insinuates, I forget to use my noggin.

 

[Buds Bundy]

Not trying to fuel the fires of a fight...

But...

Obviously both of you haven't kept up on what the "College of Physicians" across Canada, has advocated as to there policy toward Medical MJ. A policy, that all Doctors are expected to adapt, under threat of action from the College if not adopted. The College is absolutely against the new MMPR program, as they are against the MMAR program. The College of Physicians is and has been extremely clear on there policy, which is...They are not going to be the gate keepers to a program that allows the use of a unapproved FDA drug. Now that leaves, the unscrupulous Doctors, which will see massive profits to be gained with the void created by the College's policy. These doctors will be setting up all the Clinics and Skype programs that you are referring, which will take care of any patient that wants a signature...For a price.

The point I was trying to convey...

Is why would the patients of Canada use these pay services, when they can go down the street and buy from the Black Market sellers for the same price as the legal sellers. They can see the product before hand, of what they are buying(no fuss, no muss). The people have not needed a legal source in the past and without a substantial saving of some kind, they will find no need to change there status quo(Now or ever). Yes...A small percentage will need the legal approach for there own peace of mind, but majority will not be bothered about legal or not legal, majority will only be concerned with price and convenience.

I hope this clarifies any misunderstandings.
Peace...B

PS. I resent the statement, that insinuates, I forget to use my noggin.

Pssst don't tell that to anyone as the new LP business model is based on 40K+ current possession license holders in a world where doctors sign for MJ for any aliment, there is no College Of Physicians, there is no black market and no one has bought cannabis before so they set the maximum price they think they can charge.

First time in years people are now asking me about light rails again LOL and Gavita 600W Pro's are the talk of the town. Interesting times ahead.

 

[j0yr1d3]

Why weren't we given a collective non profit agreement between patients/dispensaries/growers like California? Or a dedicated medical model like Colorado where patients pay significantly less than recreational users? Why weren't any patient advocacy groups consulted in the drafting of these new rules? I could go on and on. Oh that's right, it's not about medicine and patients. It's all about "high profit margins" now. Typical conservative bullshit, big expensive government program that benefits nobody but the rich. How long til judges are tired of hearing "reasonable access" cases? Interesting times ahead indeed.

 

[Pangea]

A few patient advocacy groups were consulted, many people were consulted, I was, but through request not invitation. I made my thoughts on cost and personal production very clear.

Simple answer is no one wants to take the pay cut and tighten those margins up...

 

[Buddha1]

Pssst don't tell that to anyone as the new LP business model is based on 40K+ current possession license holders in a world where doctors sign for MJ for any aliment, there is no College Of Physicians, there is no black market and no one has bought cannabis before so they set the maximum price they think they can charge.

First time in years people are now asking me about light rails again LOL and Gavita 600W Pro's are the talk of the town. Interesting times ahead.

Funny...This made me laugh....

I will also be growing my own as before, same as most everyone else, once the heat of the end date wares off...I figure 6 months, ought to do it. But, instead of 30 little 1 foot bushes in 2 gal. pots, under 4 lamps, I'll be growing 6 foot trees in 30 gal pots, under 2 moving lamps and of course I will be staying under the 5 plant limit...to avoid mandatory prison time. My light mover will be a flip box, since I already own one, just to keep cost down.

In My Opinion...

All the Harper government has done with the MMPR, is, drive the medical user underground, boost the price for organized crime and other independent illegal growers and handed the legal end to a couple multi-million dollar companies. I say a couple companies, because in my opinion, the big money companies are the only ones with enough capital backing to survive. These companies, in turn, will pay there political friends back 10 fold, once they are out of political office...of this I'm completely confident(it what politics is all about). Once the LP's take complete and total advantage of the import/export part of there license, Canada's Medical MJ patients will be of little or no concern, they will either grow there own or have to buy from the black market.

Thank You...Steven Harper for fixing Medical MJ in Canada.

Peace...B

 

[beakermuppet]

Im not a conspiracy theorist nut by any means but.........Seems very coincidental that a couple of the state's in a country that, until recently, used to have very harsh penalties for anything to do with weed........ even arresting licensed med patients, makes recreactional use legal........ and our government makes harsher terms for our med pot program.......Specifically production. It would definately help those states economy and hurt ours by restricting an open market in our country for these products. Kinda like the states is positioning themselves to be the world tourism destination for pot smoking.......alot of money up for grabs, be really enticing to a country that had alot of debt and was fighting a war for more than a decade..............Just seems really coincidental.

Beaker

 

[blastfrompast]

Beakermuppet:
Still an open market, just not a market the avg joe can get into.. LP's only

 

[med-man]

Why weren't we given a collective non profit agreement between patients/dispensaries/growers like California? Or a dedicated medical model like Colorado where patients pay significantly less than recreational users? Why weren't any patient advocacy groups consulted in the drafting of these new rules? I could go on and on. Oh that's right, it's not about medicine and patients. It's all about "high profit margins" now. Typical conservative bullshit, big expensive government program that benefits nobody but the rich. How long til judges are tired of hearing "reasonable access" cases? Interesting times ahead indeed.

hey joyride

good call

about pricing. if you are in the u.s., and want goo, green weed, expect to cough up 20-30 a gram. we are still way below the u.s. statud quo for decent greens

med-man

 

[mack 10]

I cant believe they are pricing in grams, (all about the money) lol.
No-one in the US is paying 20-30$ a gram.

 

[med-man]

more then many depos are selling top-shelf for 80-100 and 1/8th

need me to do the math for ya?

one guy even gets hawaiian bud shipped in pineapple fruit cans (alledely obviously) and sells those 1/8ths for 120

the us is a massive country. for some reason everyone that live on the west coast or colorado never recognize that fact.

top shelf on wall street, luaisianna, kentucky, texas etc amongst all the millionaires is still about 500-600 an oz

med-man

 

[med-man]

Kingwood, Texas $60 an eighth high quality February 25, 2014

Wesley Chapel, Florida $400 an ounce high quality February 25, 2014

Athens, Georgia $60 an eighth high quality February 24, 2014

Boise, Idaho $560 an ounce high quality February 26, 2014

fargo, north dakota 400.00 oz.

John Wark / AP

A long line of buyers trails from a store selling marijuana in Pueblo West, Colo., on Wednesday.

By Erik Ortiz, Staff Writer, NBC News
The high times in Colorado are coming with high costs for cannabis consumers.

Hemp hunters who waited for hours early Wednesday to be among the first to legally purchase marijuana from state retailers found sticker shock at cash registers.

“I think people were a little bit surprised at the price,” said Rachel Gillette, executive director of the Colorado chapter of NORML, a national nonprofit seeking to make marijuana use legal nationwide. “We are concerned about that.”

On the first day of legal weed sales, Gillette said she found retailers selling top-shelf marijuana to recreational users at prices close to $400 per ounce, not including taxes.

For comparison, medical marijuana users, who’ve been able to buy weed from Colorado dispensaries since 2010, are currently paying around $250 an ounce plus taxes, she said.

The state does not impose any pricing structure for pot purveyors, leaving the market open to supply and demand. One dispensary was selling high-quality marijuana on Wednesday at $70 for one-eighth of an ounce — a markup from $25 for the same amount the day before, according to The Associated Press.

But Gillette and other observers keeping careful tabs on the landmark law say they expect costs to eventually stabilize, although it won’t happen overnight.

actaully, 70.00 1/8 in denver is on par with my statements

med-man

 

[med-man]

hey mack 10

not tryna be a ball breaker, but here is a the first website in the search , everything worth smoking is 20.00 a g and this is in denver lol

first hit on bing search (ref only) : http://www.kushism.com/menu/
second hit bing search: (ref only) : http://www.marijuanamarket.com/

pretty sure people are paying the prices i quoted

med-man

 

[j0yr1d3]

hey joyride

good call

about pricing. if you are in the u.s., and want goo, green weed, expect to cough up 20-30 a gram. we are still way below the u.s. statud quo for decent greens

med-man

Doubtful. Maybe for recreational users in Colorado, I hear they get taxed so bad it's 55-65 an eighth. My wife is from California and she never paid no $20 a gram ever there.