3.1 C
New York
Friday, December 2, 2022

British Columbia announces new license to trade cannabis

- Advertisement -

British ColumbiaThe new provincial government announced cannabis Retail license. This license will allow Licensed Producers For sale directly to customers via stores located on their farms.

The so-called “farm to gate” license was previously in a pilot beta program with Williams Lake First Nation.

This new cannabis selling license is open to all licensed growers.

British Columbia announces a new retail cannabis license

The license to sell the new cannabis is called a Producer’s Store (PRS). The PRS will enter into force on November 30, 2022.

Applications are available through the Liquor and Cannabis Regulation Branch (LCRBLiquor and cannabis licensing portal.

federally only Licensed Producers can be applied. This includes Standard Production Licenses, Precision Agriculture Licenses and Nursery License Holders.

The government says this license is part of the province’s commitment to support “a strong, diverse, and sustainable legal cannabis economy that includes indigenous and rural communities.”

Mike Farnworth, Minister of Public Safety and Solicitor General, said in a press release:

“The fourth anniversary of legislation Of British Columbia cannabis is just around the corner, and we continue to find ways to support the growth of the legal market while providing British Columbians with safe and accessible options.

“PRS licensing is another way we are working to support the success of producers in British Columbia.”

New cannabis retail license to give up on regional distributor?

British Columbia’s new cannabis retail license means direct delivery from producer to consumer. The direct delivery program also allows producers to deliver directly to British Columbia retail cannabis stores

“The direct delivery program also allows small farmers to build brand loyalty with them licensed cannabis retail stores and their customers by displaying their products in local stores rather than spreading the same volume across the county,” according to the government’s press release.

This license will be good news for retailers still reeling from the British Columbia government Workers strike. Store shelves are empty because private retailers have been unable to access additional stock.

Government monopoly distributors have come under attack recently. As cannabis producers and retailers struggle to stay afloat, government retailers have made record profits thanks to their legal monopoly position.

There is momentum in the push for further privatization Ontariowhere the government-owned cannabis distributor charges a 30% increase (compared to 15% in British Columbia or 6% in Alberta).

in SaskatchewanThere is no central distributor. The provincial government of Saskatchewan regulates sales but allows retailers to deal directly with producers and private wholesale businesses.

Less government participation = lower prices

“I’m a former politician,” George Smithman, president and CEO of the Canadian Cannabis Council, told CLN by phone. “I know how the finance department works. He loves OCS Like LCBO because it’s one of fifty lines in the revenue chart.”

But Smithman admits that margins are “ridiculous” and counteract the intended goals of eliminating the illicit market. “I think there’s a lot of room to push for reform,” Smithman says.

The Ontario Chamber of Commerce agrees.

When a cyber attack halted the distribution of cannabis in OntarioDaniel Al-Safaini, the chamber’s vice president for policy, said in a statement:

“This situation underscores the risks inherent in the existence of Ontario cannabis shop (OCS) serves as the county’s sole wholesale purchaser and distributor of legal cannabis.”

room you want Ontario The government should follow Saskatchewan’s lead by allowing producers and retailers to establish direct relationships.

They say this will enable them to “negotiate their own product mix, pricing, and delivery terms, mitigating the risks inherent in the existing system”.

British Columbia Farm Hemp License: The Beginning of the End?

Will BC farm-to-gate retail cannabis licensing mark the beginning of the end for the province’s wholesaler monopoly?

One can hope. Meanwhile, the tide is turning in favor of decentralization.

******

Are you looking for marijuana growing guides and books about medical cannabis? Then you should not miss our online bookstore with hundreds of books about cannabis, CBD, THC and more!

********
Grow guide for marijuana beginners.
- Advertisement -THC University

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

420FansLike
2,566FollowersFollow
420SubscribersSubscribe
- Advertisement -

Latest Articles