The Good Fight of the Friendly Licenced Producer

As recreational cannabis legalization gets set to finally happen there is no denying that the cannabis industry is going to be big business. Cannabis legalization will open a lot of different markets in both the recreational and medical areas. Dry flower, oils and concentrates, vaping, edibles and more all offer opportunities for companies to grow within an expanding industry. As such, there will be many players trying to stake a claim. With cannabis markets worldwide estimated in value at over $57 billion dollars, there is a lot of room for companies of all sorts to find their niche.

As with all games, there are many ways to play, but we’ve been seeing two trends stand out from the rest. Large licensed producers such as Aurora or Canopy Growth have gone about becoming the biggest players quite rapidly by focusing on size and market share. Smaller companies might find it difficult to compete on these terms and are thus looking at smaller niche markets to diversify. Within the alcohol industry, the large LP’s seem like a Molson or a Budweiser brand, while much of the rest of the cannabis industry is made up by smaller licensed producers, similar to craft beer

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Cannabis Could Help Treat Inflammatory Bowel Diseases Which Affect Millions, First Study Shows

Marijuana ingredient mimics body’s inflammation off-switch and could lead to new drug targets for Crohn’s and colitis.

Chemicals in cannabis can mimic the signals the body uses to regulate inflammation in the gut and could help treat serious chronic bowel conditions like Chron’s disease and ulcerative colitis, scientists have said.

Research from the University of Bath said the findings could help explain why some patients with inflammatory bowel diseases (IBD) report medical marijuana can help their symptoms.

The trials are only in mice at this stage, but could lead to new drug targets for disorders which affect millions of people around the world.

– Read the entire article at Independent.

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Ontario to Sell Pot Online in Fall, in Private Stores Next Year

Recreational cannabis will be sold online in Ontario when legalized this fall and in private retail stores across the province early next year, the government announced Monday, reversing the previous administration’s plan to distribute cannabis through publicly owned outlets.

The Progressive Conservatives, who took power at the end of June, said public safety was a top concern as they came up with the system, but critics said the new model could pose enforcement and regulation challenges.

A government agency called the Ontario Cannabis Store will sell pot online once it is legalized on Oct. 17, and a “tightly regulated” private retail model will be in place by April 1, 2019. The OCS will also be the wholesaler to private retail stores, the government said.

“We will be ready to put in place a safe, legal system for cannabis retail that will protect consumers,” said Attorney General Caroline Mulroney. “We will be ready to work alongside municipalities, law enforcement and Indigenous communities to combat organized crime and the illegal market.”

– Read the entire article at CTV News.

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California Bureau of Cannabis Control accepting public comments on proposed rules

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MPP has a new executive director!

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