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bongme

Poor Quality’ Cannabis At The Root Of Canada’s Woes

Hi

 

Poor Quality’ Cannabis At The Root Of Canada’s Woes

 

canada cannabis quality
 

As the troubles stack-up for the main cannabis companies in Canada, an industry insider believes they’ll never be able to address one key issue – a lack of ‘good quality weed’.

James A. Smith, Chief Revenue Officer in Canada at emerging cannabis 4C Labs, says: “I do not know anyone who buys their cannabis on the legal market, it’s horrible quality.”

Recent figures show the ‘black’ and ‘grey’ markets continue to cater for the needs of the majority of Canada’s cannabis consumer users, with many leading companies blaming this on a lack of retail outlets. While acknowledging this has some merit, Mr Smith believes it is being used as a smokescreen for a litany of inadequacies.

 

End Of The Line

 

In fact, he goes on to say that today’s leading industry players  – exclusively Canadian – will not be around in a few years time. As an executive briefed with sourcing investor capital for 4C Labs, Mr Smith naturally talks up the insurgency but, in a long chat with CBD Testers he raised a host of salient points.

“The big producers paid too much for assets that are not producing quality product. Their whole systems of production cannot produce a quality cannabis product and as consumers in Canada are becoming much more sophisticated, they are increasingly aware of that.”

 

He says that even though the ‘likes of Canopy and Tilray’ in Canada have been in existence for some time they have never produced a quality cannabis product ‘in the history of their production’. “So if Canopy cannot grow good quality medical products over the last 10 years why would you think they could grow good recreational cannabis?” He ponders
Economies Of Scale

 

He went on to say there are some key structural issues with these businesses in the type of growing equipment, where they are growing and seed genetic quality, they’re ‘too focused on economies of scale’. The reality of is that they ‘may well never be profitable’ and the real future opportunities are for ‘the smaller craft companies such as Supreme and The Green Organic Dutchman’.

 

 

While there will be successful companies, the reality is that the craft growers have not yet entered the market. The reality is that there products is not in demand because of the quality and they are blaming distribution (a lack of stores) for all of their woes. Investors assumed that companies who had been in the medical game were going to dominate the recreational market and that just simply hasn’t been the case. I don’t know anybody who buys weed from a Government store. The quality is terrible.”
Mr. Smith 

 

 

Mr Smith has been planning his entrance into the cannabis market for four years and has been actively involved for the last 18 months. In that time he has assembled ‘a formidable team of growers’ with an extensive genetic library, and established key strategic partnerships with large Colombian agricultural and pharmaceutical firms as well as distribution partners in Malta, Germany and the U.K.

It will garner is first harvest in Colombia next September and will target its oil at large corporates in the cosmetics and wellness markets as well as developing its own CBD wellness range.

 

U.K. Pot ‘Horrible’

 

Mr Smith previously worked in commercial and residential real estate.He said one of his real estate roles was to identify jurisdictions were ‘people weren’t paying attention and there were regulatory gaps, and that in this regard the two industries pretty much identical.

One of the jurisdictions where he sees great potential is in the U.K. medical cannabis market and it’s in the process of establishing a growing base on the Channel Island of Guernsey to supply this market.

Although U.K. medical cannabis has been available for over a year, the system is badly designed and restricts access to those with deep-pockets, through private clinics. 

 

    “Recent research show that there are 1.4m people in the U.K, using street cannabis for their medical conditions – that’s a lot of cannabis. We are yet to see how this will develop but what is currently available costs around £35 a gram, and £375 a gram for CBD oil (Epidyolex) and these come could down £10 and £40 to £50 and and we would be profitable. The cannabis in the U.K is horrible, it’s of seriously poor quality and my growers have been supplying cannabis clubs for over 25 years; that’s the kind of knowledge you need to be successful.”
    Mr. Smith

 

4C Labs has begun a new capital fund-raising round in London, with Mr Smith saying the potential arrival of two new board members would allow it to raise millions of pounds in short measure and circumvent the need to build out its facilities in phases.


London Leading

 

Mr Smith sees London emerging as the global financial cannabis capital. “I can feel the temperature in London, and it’s exciting this could be a £50 Billion industry in the next five years five years.”

As things stand in Canada the appetite for risk capital has disappeared, says Mr Smith.

 

“A lot of mature companies are running out of capital, they are not profitable and, if they don’t have enough cash in the kitty and they missed the last hurrah of access to capital, then they are in trouble.” He said, “They have a lot of overheads, have built large facilities with lots of staff. A lot of Canadian companies have paid over the odds in terms of the assets they have purchased over the last five years.”

Then he went on to identify a number of deals which he described as being ‘highly dubious’ in terms of value to the Canadian majors in jurisdictions such as Jamaica, Argentina and Chile.

He continued: “They are not succeeding at what they are tying to do, whether that’s due to incompetence? But many of these assets are costing more than they are producing. We’re at the very beginning of this industry and the real players are yet to emerge, that will happen within the next five years.”

“That’s my opinion, and a lot of people will disagree with me.”

 

Footnote:

Just last week Aurora Cannabis CEO Terry Booth warned that the Canadian cannabis industry will soon see ‘carnage’ among some companies that have high production and others will struggle to survive in the current downturn.

 

 

https://cbdtesters.co/2019/12/01/poor-quality-cannabis-at-the-root-of-canadas-woes/

 

Bongme 

 

 

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Hi

 

2p 

 

Quote

As the troubles stack-up for the main cannabis companies in Canada, an industry insider believes they’ll never be able to address one key issue – a lack of ‘good quality weed’.


Because its all greed-driven not like UK420 and its about good cannabis and ‘good quality weed’ 

These big company's dont care about ‘good quality weed’ they will sell you any old shit! 

 

I would trust dealers before this rip off companies as they are worse than dealers,

So much for quality weed control and aggressive monitoring load of shit another money-making scam.

 

Quote

In fact, he goes on to say that today’s leading industry players  – exclusively Canadian – will not be around in a few years time. 

 

Of course, not the big companies are fucking it all up because of greed.


and there is no cannabis culture in all this crap its not about the person and cannabis it's about greed and no more!

 

The UK...


 

Quote

 

“Recent research shows that there are 1.4m people in the U.K, using street cannabis for their medical conditions – that’s a lot of cannabis. We are yet to see how this will develop but what is currently available costs around £35 a gram, and £375 a gram for CBD oil (Epidyolex) and these come could down £10 and £40 to £50 and we would be profitable. The cannabis in the U.K is horrible, it’s of seriously poor quality and my growers have been supplying cannabis clubs for over 25 years; that’s the kind of knowledge you need to be successful.”


 

£35 a gram, and £375 a gram for CBD Way too expensive and again greed, not cannabis growers way of doing things.

 

So if you are not growing your own for cheap cannabis uk420 is the place to start your own cannabis garden it's cheap as chips and its much much better TOP  quality weed, even you first grow will be better then any of the shop shit! so join us soon and grow your own and become more...

 

Comfortable By AWA (Artist to watch or in 2020)

 

 

Bongme :yinyang:

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Totally agree, there are enough 'experts' on UK420 alone so that the old adage of 'feel the quality, not the width' can be true. It's when you allow the likes of politicians and experts in that the whole thing goes ape-shit :oldtoker: Bom Shiva

 

 

 

PS. just had my bhang koffee :yep: and I'm feeling the quality :stoned:

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4c labs Dr Micheal Barnes (ex of GW Pharm)  was listed as their medical expert

and how he runs

"The Academy Of Medical Cannabis"

They do a free online courses and some between 40£ and 150£. Each course looks at interactions and benifits for certain disorders

https://taomc.org/en/

It's designed for Dr and in particular prescribers. Defo not for uk420 members!

Just registar I clicked Dentsit as occupation an Im now enrollod

E-learning courses of variing lengths.

Edited by skidmarx
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I looked and it asked for my GMC number to register? However, looking at the module titles the info they are offering on biochemistry stuff for instance is all readily available online

Would be interested in viewing their material though.

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48 minutes ago, assault and battery said:

I looked and it asked for my GMC number to register? However, looking at the module titles the info they are offering on biochemistry stuff for instance is all readily available online

Would be interested in viewing their material 

just click nurse you wont get a reg no. request. 

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Just a quick look at the blurb for Movement Disorders and it is not looking promising. For £40 I would want much more info on content than this. All pathophysiology and little ph/dynamics. I might email em...Dr Skidmarx dentist of choice to many a spliffhead

n introduction to the spectrum of common movement disorders, their pathophysiologies and identified pharmacodynamics of medical cannabis towards their treatment.

Movement disorders encompass a range of indications, some of which have been closely investigated for the potential of medical cannabis treatments. Included in this scope are well known conditions like MS, Parkinson's, Huntington's and Tourette's, and in this module we investigate the current study situation for these, and others, around medical cannabis.

We have a limited degree of evidence of the mechanics of medical cannabis in treating different movement disorders, and it's important to understand which conditions there is a moderate basis for medical cannabis treatment, and which areas require more investigation.

 

 

Edited by skidmarx

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> Poor quality cannabis at the root of Canada’s woes

 

M'yep, with many different manifestations like atomic ionizing-rays sterilization, tumbled weed, sprays by the dozen, immature nuggets, poor THC:CBD selection (and more...) + overpriced & overtaxed...

 

:nuke: ... :pirate: ... :skull: ... :russian: ... :doh: ... :thumbdown:

Edited by Egzoset
Proof-reading.

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