Originally Posted by Tahoe22
Never heard of that happening anywhere else yet but I agree that from a business perspective it is an ingenious proposition. Classic power move (let others do all the work and you take the credit).
In Canada, new licencees (Standard, Nursery and Micro) will be able to bring in, as a one time event, genetics that are not from the legal market. Simply put, there isn't enough genetic diversity in the legal domain. This fixes it.
So it'll be a one shot deal, with no royalties, for seed hoarders. I believe is that the powers that be are hoping and assuming that black market growers are going to go legit and licence themselves. A legit Licensed Producer could also source their seeds from the black market and "make a deal" with the holder for their seeds.
It would be pretty easy for a NZ company to tell you "Junk. We don't want it." and keep your shit.
Personally, if I was a Canadian LP, I'd offer a golden package to someone like Hemp Depot or another broker, close it down and voila. Instant massive library.
Edit: On second thought, an enterprising person could capitalize on this and just keep growing. lol