MMPR- meet the players

[TheBlackman]

yo
no offense meant to any of ya'll that be into bein' a LP and what not
but as I be readin' all this info and more pertainin' to this here topic of 'Meet the Players'
not to be hatin' but it seems to this brother that the players be just that in the big scene, they be players alright,

now I am not knockin' anyone's business ideas and the like but to me it seems that big business be in bed with the government all over and if'in they get control of who be makin' the kind and all the rules and regs that go with that I see it be totalitarian like due to show me ya'lls papers for that kind you be burnin',

now what if ya'll be burnin' some brothers 'homegrown', not one of the 'players' strains or what not...
(ya'll be readin' this next line like Dudley Do Right)

"that is not approved Marijuana, by such and such law under Criminal Code of Canada..blah, blah, blah"

I see too many rules and I be lyin' if'in I tell ya'll I don't think the man has any right to be sayin' what you or I be puttin' in our body.
Ya'll know history been showin' us that old time remedies and nature can be playin' a big part in keepin' humans healthy but the 'players' got us where everything is profit this, profit that...

So if'in you and I can be growin' some kind in our back yards to help ourselves they be seein' money NOT goin' in their deep pockets, they be needin to control every single thing we be doin'
that be straight up bullshit any day of the week...

sorry ya'll for goin' on like that, been a long time cruisin' this here rock and seein' the man keep tightenin' his grip on common folk like you and me be gettin' old, like 30 years ago

 

[vapor]

The interesting thing is they are saying they are losing the drug war, so if they the losers why are they making the new rules?

 

[Gram Paw smurf]

MMAR participants weren't part of the war is why.
More of a splinter group divided from the actual pack, via surrender.
MMPR is the strt of the conquering.

Old tactics.

cheers,................................................gps

 

[Pangea]

Firm looks to light up pot sales with Canadian unit

By Gary Anglebrandt

Creative Edge President and CEO Bill Chabaan expects the company to generate revenue of
$20 million in the first 12 months.


A publicly traded, Madison Heights-based company has set up a subsidiary just across the Canadian border to grow and sell 1.3 million pounds of marijuana a year.

Creative Edge Nutrition Inc., a nutritional supplement company that sells products for the likes of weight loss and energy boosting, formed CEN Biotech Inc. in Lakeshore, Ontario, just outside Windsor, to take advantage of the increasingly legal market for marijuana.

Canadian federal regulator Health Canada operates a system for providing medical marijuana to patients with prescriptions from doctors. CEN Biotech expects to receive approval to become a direct provider to patients through the system in April or May, said Creative Edge President and CEO Bill Chabaan.

The company is doing the final build-out stage of its indoor hydroponic grow operations and, once finished, will go through government inspections for security, quality and tracking as part of the final approval process.

Licensure of the facility would come with an import-export license. The company plans to sell to Canadian patients upon approval, while immediately working to begin sales in countries that allow the importation of medical marijuana, such as Israel, Uruguay and the Netherlands. Even Iran and North Korea allow it, and CEN Biotech is willing to enter those markets, he said.

"Obviously, we'd have to fill out the necessary documentation, but we'll sell to anyone," Chabaan said.

CEN Biotech has eyes on the U.S., too. While many American states have relaxed marijuana laws, the federal government has not, so the company won't be trucking pounds of weed over the Ambassador Bridge any time soon.

Changing laws?

But Chabaan sees the tide turning down the road. Evidence of this, he said, is population heavyweight New York now signaling a slight easing of its rules to allow patients at a restricted number of hospitals to obtain marijuana.

With other states like Colorado and populous California already well down the road to full legalization, Chabaan expects the U.S. to join the countries that allow the importation of medical marijuana within the next year and a half.

Matthew Abel, an attorney who runs a Detroit-based practice called Cannabis Counsel and leads the Michigan chapter of the National Organization for the Reform of Marijuana Laws, NORML, said while the Midwest has taken a slower path toward relaxing marijuana laws than California and Colorado, it is moving in that direction and likely will continue to do so.

"Things haven't moved as fast as some of us would like, but we're pleased to see some movement. It's been a long time fighting this fight, and I think we're on the verge of legalization," Abel said.

Michigan has taken the lead in the Midwest when it comes to loosening marijuana laws, Abel said, with Illinois being the only other Midwestern state that has made any significant moves.

Gov. Rick Snyder signed a bill last month that allows for the creation of a similar system as the one Health Canada is putting in place, though it would not ban individual growers. Public Act 268 would allow licensed organizations to sell pharmaceutical-grade cannabis, just as the Canadian system does, but the federal government would have to decriminalize marijuana for the law to take effect.

Another bill, passed by the Michigan Legislature and now sitting in the Senate, would let municipalities set up ordinances allowing dispensaries to sell medical marijuana.

Abel said sooner or later the federal scheduling of marijuana is going to have to change. "That's been the holy grail for us for 40 years now. At some point Congress is going to have to wake up and smell the marijuana."

As for CEN Biotech, Chabaan expects the company to generate revenue of $20 million in the first 12 months of operations, and $100 million a year by the fifth year of operations. Parent Creative Edge Nutrition trades under the OTC Markets ticker FITX and had an estimated $3 million in revenue last year. Shares were trading at about 2 cents a share last week.

Even with approval from Ottawa, a business still must get approval from the local Canadian municipality and its police and fire officials. Lakeshore Mayor Tom Bain said the town -- just east of Windsor -- supported the plan because of its interest in diversifying its economy, which has heavily leaned on feeder plants to the automotive industry in the past.

Lakeshore is a mix of industrial, residential and rural areas; a move to diversify the agricultural side of its economy by supporting greenhouse businesses makes sense and follows a general trend in Essex County, Bain said.

"We recognize that one of our biggest strengths is in the agricultural area," he said.

CEN Biotech, which sits on farmland next to a provincial police station, consists of a "compound" of several buildings, including steel barns for the greenhouses and administrative offices, Chabaan said. Some 58,000 square feet of greenhouse space is being added to an existing 27,000 square feet of space, for a total build-out cost of $12 million.

Security regulations for running a grow operation are especially stringent. CEN Biotech will use off-duty officers from the station next door as part of its security team.

The company plans to grow 50 strains of marijuana, from seeds sourced in Canada, Mexico and Colombia. The number of marijuana strains has exploded in the past decade, with colorful but unbusinesslike names such as OG Kush and Shishkaberry to distinguish them. CEN Biotech will use its own naming convention, most likely along the lines of "CEN" followed by a number.

"No OG Kush," Chabaan said.

Hashing out the rules

CEN Biotech's gambit comes at a turning point for the Canadian medical marijuana industry. The government is in the midst of moving from an individual-grower system that's been in place since 2001 to a commercial-grower system.

The government announced this move last June, casting it as a public safety measure. Individual licenses that allow people to grow and possess will be fully phased out by April 1 in lieu of commercially licensed operations blessed by the regulator and listed on its website as designated providers. Orders have to be done through the mail as storefronts are no longer permitted.

As of Jan. 2, Health Canada had received 373 applications for commercial production, said Sara Lauer, media relations officer, and there is as of yet no cap on the number that could be approved. Only three applications, all Canada-based, have been approved so far.

Lauer could not comment on the status of CEN Biotech's application or confirm that it had applied, for business privacy reasons.

Don Schultz, owner of Greenline Academy in British Columbia, said it's a business with inherent risks -- a business owner can't be sure the government won't reverse its marijuana laws -- and it's still a market with built-in limitations in the form of approvals for patients. As of September of last year, about 37,000 people were authorized to possess medical marijuana, according to Health Canada.

But the market is growing, and there still is room for "many more" operators beyond those that have applied, Schultz said.

Schultz's consultancy helps businesses obtain medical marijuana licenses, and he has applied for one under the new system.

CEN Biotech's planned volumes puts it in the largest regulatory category and at the upper limit of Schultz's operational comfort level. Beyond that, it becomes hard to find employees who can be trusted to work with marijuana, and the stringent security regulations become onerous. The government "can shut you down any time" it feels like if it determines regulations aren't being followed, Schultz said.

"The industry is too unknown," he said. "Scale like that comes with a lot of responsibility."

Another risk is if a country like Uruguay starts exporting, bringing down prices from the current rate in Canada of about $9-$14 a gram to somewhere around $3 Canadian. And he doesn't see the U.S. opening up to imports any time soon.

He said industry watchers predict a mix of a few large-scale operators and many small ones will emerge, following the same consumer patterns that make people choose between Wal-Mart and smaller stores.

Schultz is looking to stay within a range of 10,000 to 50,000 square feet. An operation at the low end of that range can produce a few hundred pounds a month, he said.

The industry in Canada now stands at about $1.2 billion Canadian. The changing national system makes the future hazy, and Schultz wouldn't venture a guess as to the level of growth the industry would experience in the years ahead.

"It's hard to project something no one knows about just yet," Schultz said. "A lot of people are walking into this kind of blind. That's why I start slow.

"It's high-risk, but it could pay off enormously" in five to six years if everything stays on track, he said.

Chabaan said finding workers won't be an issue because Essex County has a large greenhouse industry from which to source workers, and the recent closure of a H.J. Heinz Co. factory means people are looking for work.

CEN Biotech will start by hiring up to 50 workers and producing 5,000 pounds of marijuana this year. Chabaan doesn't expect to hit full capacity at the site's 10 acres until five years into business operations.

The Canadian market will grow beyond its current 37,000 patients once the new system fully comes online and the patient approval process becomes more streamlined, he said, and the company is banking on its export business to soak up volume.

"We're going large; we're going to do it right," Chabaan said. "We're not in to make just a little bit. We want to dominate the market."

Maybe not a pump and dump?

 

[VanCitysFinest]

100% a pump and dump.

lmao @ 2 cents, just look at that greaseball

 

[Buddha1]

Firm looks to light up pot sales with Canadian unit

By Gary Anglebrandt

________________________________________________________________________________________________

WOW...

If the above article, posted by Pangea, turns out to be the standard business model of all future Medical MJ suppliers in Canada, we may as well just say..."Welcome to Big Business controlling Marijuana". From what I read and understand from this article, the company "CEN Biotech Inc." and most likely others, are more interested in the export of Medical grade cannabis to other countries and the speculation of Legal Marijuana sales across the world in the future. Canada will just be a starting point for this projected international company, with the Canadian market of Medical users completely viewed as insignificant and unnecessary. The import/export of Medical grade Cannabis is where the big money will be with the right financial backing. And depending on how the money is directed and handled(with dummy companies...in more tax friendly counties), will determined the amount of tax revenue that will be available to Canadian government.

We all sit here, whining and crying about the LP's charging to much for there meds and they will all crash and burn in the first year or two. From what I read in the above article, CEN Biotech Inc. and most likely others applying for licensing, could careless about the 40,000 registered Medical MJ users in Canada. Yes...they will take care of them on the simple bases of "Money is Money", but they really didn't enter into there original business plan.

Once these guys get set up...Canada will become a warehouse and storage facility for importing and exporting Marijuana. Canada will most likely see very little of the imported MJ for there meager 40,000 Medical MJ users. It seems the larger LP's will be more interested in the extremely huge profits of exporting to other legal MJ countries.

I wonder if the Harper government seen this as one of the scenario's, or had planned for Canada to become one of the worlds largest Marijuana import/export countries. I guess we can just put this in the category of..."Things That Make You Go, Hmmmmm".

Peace...B

 

[Buddha1]

100% a pump and dump.

lmao @ 2 cents, just look at that greaseball

IMHO...Not a pump and dump.

They could make much more money with a legitimate working company. Not to mention all the illegal activity around the world that could enter the legal world trade. Not saying these guys are OC...But the possibilities are available to any and all company's operating on such a huge international scale.

Peace...B

PS. If you believe its truly a pump and dump...Invest a few grand, wait until its at 4 cents a share and sell it. That will double your money and give you bragging rights here...Thats a pretty nice return.

 

[med-man]

cant wait till this plant is virtually legal everywhere

we will see where a free trade open market funnels their coin

this guy is not going to gorw 1 million pounds ayear let alone sell them lol

even imports from mexico to u.s. illegally doesnt come close

bet you it aint his money lol

but none thel less, i like where this is going, job creation regulation, taxation. good for them, hope they put out

med-man

 

[Pangea]

http://blogs.windsorstar.com/2014/01/09/company-stock-soars-after-investment-announcement/
Company stock soars after investment announcement

A Michigan company saw big stock gains last week after announcing investment in a Lakeshore plant for growing medical marijuana, even though it has not received Health Canada approval.

Despite issuing news releases that it had approval from Health Canada “to grow, distribute, import and export medical marijuana,” Health Canada spokeswoman Sara Lauer said last week CEN Biotech has not received a licence. The company had also stated in a news release in the late fall that it had started construction on its medical marijuana facility, but the town hadn’t issued a building permit for the site. Since then the town has given CEN Biotech a building permit to put up an agricultural building.

CEN Biotech’s parent company is Creative Edge Nutrition, whose CEO Bill Chaaban did not answer questions posed by The Windsor Star about the discrepancies in the news releases. Chaaban said: “Creative Edge is not releasing any new information at this time. You will be apprised of future news releases.”

After announcing Tuesday it had raised $12 million from investors, the stock of Michigan-based Creative Edge Nutrition, rose 300 per cent to 2.5 cents. Before Christmas the stock was valued at two-tenths of a penny.

Creative Edge Nutrition had a market cap of $12.7 million Friday afternoon, according to the Yahoo finance web site. Chaaban said in a Jan. 3 release it had $2 million in revenue. Chaaban did not answer emailed questions about how many employees work at the company or how long it has existed.

The company is leasing property off North Rear Road near Highway 401 that is zoned agricultural and was going to be used by its original owner, Jim Shaban, for a film studio. There is a large barn and smaller house on the property with an adjoining editing suite. Federal corporate information has CEN Biotech listing the North Rear Road address as its corporate headquarters and Bahige (Bill) Chaaban as the company’s sole director.

Dennis Sylvestre, a contractor but not an investor in the company, applied for a permit to build a 53,000-square foot steel structure on the North Rear Road property. The building is valued at $800,000.

“The company is entitled to build a barn and fencing,” said Steve Salmons, the town’s director of community and development services. “What occurs in that barn is a zoning question.”

The company said last week that it received a “ready-to-build,” letter from Health Canada. Chaaban said the letter from Health Canada means that the company’s “application is deemed complete, passed the licence inspection,” and means the company can build its facility and Health Canada will inspect the site when it is finished.

Health Canada’s Lauer said obtaining a “ready to build” letter only means there has been a paper review of “some components of an application.” She said the letter is only provided to companies that request it and it shouldn’t be mistaken for approval.

“A company that has obtained a ready to build letter can not be considered approved by Health Canada since before a licence can be obtained a company must also meet all other requirements … including the personnel security checks and an inspection of the site.”

Creative Edge Nutrition, which is based in Madison Heights, Mich., sells a variety of products like hemp tea and dietary supplements to suppress appetite, promote weight loss and boost muscle growth through online retailers. BIO Tech’s website, which launched on Thursday, has forms for prospective patients, hospitals and physicians to fill out before ordering medical marijuana. On the order page of the site it does say the company can’t take online orders yet because it’s still in the process of applying for a licence from Health Canada.

 

[Pangea]

# 4 - Bedrocan Canada

http://www.bedrocan.ca/

http://www.hc-sc.gc.ca/dhp-mps/marihuana/info/list-eng.php

$7.50/gram

5 Varieties

 

[vapor]

lol

 

[ganja_guru]

Imported from Europe.

"To bring Bedrocan varieties of medicinal cannabis to Canadian patients as quickly as possible, Bedrocan Canada currently imports cannabis varieties from the Netherlands. Throughout 2014 Bedrocan Canada aims to provide Canadian patients with fully regulated medicinal cannabis from the Dutch Health Ministry. We aim to produce Bedrocan varieties of medicinal cannabis in Canada starting in 2015."


Cheers GG

 

[ganja_guru]

Oh ya milled and irritated too.

GG

 

[Green Supreme]

Give thanks for Bedrocan. They have made it possible for import from all the cool cannabis countries, as they go legal. Peace GS

 

[blastfrompast]

welcome to the unlimited supply...or milled bud...between import, domestic there sure will be a lot of shake out there..

don't matter how many 30g/day licences there are out there....supply will be available...whether anyone buys it...

Can you register with multiple LP's? Or do I need a new script every time....at 300-500 a pop...it sucks....I know my regular GP still won't sign anything himself...he said most of his peers feel the same...

 

[med-man]

whats stops anyone from buying the cheappest 150g and rocking that lic for a year with their homegrown?

this whole debacle is fucked

med-man

 

[VanCitysFinest]

Exactly what I'll be doing Apr.1

Getting the 150g tube and filling it with quads : )

 

[Gram Paw smurf]

welcome to the unlimited supply...or milled bud...between import, domestic there sure will be a lot of shake out there..

don't matter how many 30g/day licences there are out there....supply will be available...whether anyone buys it...

Can you register with multiple LP's? Or do I need a new script every time....at 300-500 a pop...it sucks....I know my regular GP still won't sign anything himself...he said most of his peers feel the same...

Is to be expected when nobody holds them accountable for attempting to deny them their right to informed consent.
Once a couple the fucktards are brought up in front of human rights tribunal hearings, n told they're as liable for denying a helpful and legal treatment, as they are if they were to be exposing patients to potentially harmful treatments without their consent, maybe even lose a few bucks, as 1 can seek damages for attempts to deny them any of their rights, we'll see less, and less of these bought out, or ideological idiots around refusing anything a patient wants to treat themselves.

Liabilities are liabilities, n the right to informed consent is a 2 way street. Hold a few accountable n the rest WILL fall in line.
Besides why are ppl allowing these idiots to keep getting paid on their health care accounts if they're not doing what you need them to do as doctors.

Anyone can call 1 of a number of local human rights advocacy groups, n even have your legal representation supplied if you're low income like many sick ppl are.
They'll supply representation all the way, from strt, to cashing your check.

cheers,...............................gps

 

[ganja_guru]

"whats stops anyone from buying the cheappest 150g and rocking that lic for a year with their homegrown?"

Say your "prescription" is for 5g a day, you can order a max of 150g to cover 30 days. After the 30 days your prescription will expire. It will say on the bottle when it was ordered. If you have left over meds after 30 days, you don't need 5g a day.

Nice try....

Cheers GG.

 

[med-man]

hey ganja guru

to be honest man, docs sigs still last a year. its in the new mmpr regs. but, to add to what you said, every lp will have "their own codes of conduct" when it comes to cards, bottles, prescription notes etc.

what you say makes sense. but not with the way they have it set up. have you read through the whole new regs that came with your privacy violation papers?

med-man