Marijuana

Miljard gram cannabis opgeslagen zonder verkocht te worden

BNN Bloomberg kondigde deze week aan dat een miljard gram legale pot in Canada onverkocht in magazijnen in het hele land ligt te verstoffen. De vraag rijst waarom deze cannabis niet wordt gebruikt om cbd-olie van te maken.

Dat is heel veel wiet. Een voorraad die genoeg zou moeten zijn om drie jaar vooruit te kunnen. Door de steeds hogere eisen die de consument stelt aan zijn cannabisproduct ligt veel cannabis uit het middensegment nu te verstoffen in magazijnen. “Je kunt echter geen THC-producten uit het middensegment voor een cent weggeven,” vertelde Peter Machalek, vice-president verkoop en partnerschappen bij TREC Brand, aan Bloomberg. “De markt is veel geavanceerder geworden en volgt wat de consumenten eisen.”

CBD-olie van onverkochte cannabis

Het roept de vraag op waarom een deel van die miljard gram niet is gebruikt om CBD-olie van te maken. De niet-bedwelmende stof die voor veel mensen wordt gebruikt als natuurlijk medicijn tegen hoofdpijn, rugklachten, slechte knieën, artritis, angststoornissen en tal van andere klachten, aandoeningen en bijbehorende pijnen. Het is een bonafide elixer voor veroudering en pijn.

Het probleem is echter dat CBD-olie, ondanks dat ze geen high geeft, nog steeds onder de Cannabiswet valt en daarom net zo streng gereguleerd is als THC. Een lastige markt die zelfs de meest bescheiden vormen van reclame en branding verhindert. David Clement, de Noord-Amerikaanse zakenmanager voor het Consumer Choice Center, gelooft dat de overvloed aan wietproducten gedeeltelijk kan worden tegengegaan door CBD-olie uit de Cannabis Act te verwijderen. Hierdoor kunnen bepaalde extracten en dranken worden verkocht bij reguliere retailers en in supermarkten.

“Vanuit het oogpunt van consumentenbescherming en volksgezondheid is er geen redelijke rechtvaardiging om CBD-producten zo strikt te reguleren als THC”, zegt Clement. “Naar onze mening is de Cannabiswet te restrictief. Wanneer CBD-producten uit de wetgeving worden verwijderd, zouden CBD-producten op grotere schaal beschikbaar komen, wat het probleem van het overaanbod zou kunnen verlichten.

Overschot aan cannabisproducten

“Bovendien moet de federale overheid de marketing-, merk- en verpakkingsbeperkingen die momenteel gelden voor legale producenten versoepelen”, zegt Clement. Volgens het Bloomberg-rapport heeft Health Canada eindelijk branchegegevens voor oktober vrijgegeven, waaruit blijkt dat 1,1 miljoen kilo onverkochte cannabis door producenten in het hele land is opgeslagen.

Met Canada’s maandelijkse consumptie van ongeveer 30.000 kilo, betekent dit dat er een voorraad van drie jaar inactief is. Er lijkt echter licht aan het einde van de tunnel om dit probleem kan verlichten. Health Canada zal waarschijnlijk binnenkort beslissen of CBD-olie ver vrij verkrijgbare gezondheids- en welzijnsproducten mag voorkomen. Later dit jaar wordt een formeel besluit verwacht. Het is een wildcard die een game-changer zou kunnen zijn voor de markt, maar is nu nog steeds een longshot.

Originally published here.

Set CBD oil free from the restrictive Cannabis Act

Despite providing no high, it’s as strictly regulated as THC

Perhaps due to the thriving marijuana black market — cheaper prices, higher THC content, a reliable dealer? — BNN Bloomberg announced this week a billion grams of legal pot is sitting unsold in vaults across the country.

That’s a lot of weed, supposedly a three-year supply for the struggling legal market that Prime Minister Justin Trudeau assumed would flourish to extraordinary heights and put the illegal marketeers out of business.

Alas, the Trudeau Liberals’ legalization of recreational marijuana has not lived up to those expectations.

“You can’t give away mid-range THC product for a buck now,” Peter Machalek, vice-president of sales and partnerships at TREC Brand, told Bloomberg. “The market has become much more sophisticated, following what the consumers are demanding.”

It begs the question then why those billion grams have not been used to make the non-intoxicating CBD oil, seen by millions as relief from bad headaches, bad backs, bad knees, the creaks of the aging process, and a long list of other bodily afflictions and accompanying pains.

Those that use it swear by it once they have found the sweet spot when it comes to the amount needed to work its magic.

It’s a bonafide elixir for the aging and the pain-stricken.

The problem, however, is that CBD oil, despite providing no high, still falls under the Cannabis Act and is therefore as strictly regulated as THC.

It also exists in a challenging market that prevents even the most modest forms of advertising and branding.

David Clement is North American affairs manager for the Consumer Choice Center, and he believes today’s pot glut can be partially alleviated by removing CBD oil from the Cannabis Act, thereby allowing for products like extracts and beverages to be sold at retailers more commonplace for Canadian consumers such as health food outlets and grocery stores.

“From a consumer protection standpoint, there is no reasonable justification to regulate CBD products as strictly as we regulate THC,” says Clement. “In our view, the Cannabis Act is overly restrictive, and removing CBD products from the legislation would mean that CBD products would become more widely available, which could help ease the issue of oversupply,

“Additionally, the federal government should ease up on the marketing, branding and packaging restrictions that currently apply for legal producers,” says Clement.

“From the outset, we thought that these regulations were overly paternalistic, and handcuffed the legal industry from effectively communicating and advertising to adult consumers.”

According to the Bloomberg report, Health Canada finally released industry-wide data for October showing that 1.1 million kilos of unsold cannabis has been stockpiled by producers nationwide.

With Canada’s monthly consumption rate of pot pegged at approximately 30,000 kilos, it means a three-year supply is sitting idle.

It’s an overload that analysts tell Bloomberg continues to “weigh heavily on the industry, possibly spelling further write-downs and facility closures in the months to come.”

Five will get you 10 that this never crossed the mind of the Liberals when they were conjuring the wording for legalization legislation that very quickly started circling the bowl.

The illegal market could not be busier or happier.

But some breathing room might be on its way with Health Canada expected to rule soon on whether to allow CBD oil to be used in over-the-counter health and wellness products.

A formal decision is expected later this year.

It’s a wild card which could be a game-changer if the Trudeau Liberals have learned anything from their screwups at every turn on the cannabis legalization file.

But it’s still a longshot.

Originally published here.

Canadian legal cannabis prices nearly 50 percent higher than black market prices

420 INTEL: David Clement, the North American affairs manager for consumer advocacy group Consumer Choice Centre, said that it’s unsurprising that prices of cannabis have risen.      Clement said that in legalizing marijuana, products are now subject to both federal and provincial taxes in addition to licensing costs and numerous other fees associated with running […]

Canada’s Cannabis Prices Increase After Legalization

CULTURE MAGAZINE: “The taxes and fees create prices that are high out of the gate, and then a lack of competition prevents those prices from being slowly pushed down,” said David Clement, the North American affairs manager for the Consumer Choice Center. The money generated from taxes and licensing go to fund the cannabis program, and Clement […]

Price of pot is up since legalization, StatsCan finds

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H24: “Il n’est pas surprenant que le prix de l’herbe ait augmenté”, affirme David Clement, directeur des affaires nord-américaines du Consumer Choice Centre, un groupe de défense des consommateurs qui fait une veille réglementaire à l’échelle mondiale. Il estime que deux facteurs principaux font augmenter les coûts du cannabis : les taxes et le manque […]

Opinion: Marijuana promises economic benefit, poses financial questions

Michiganians voted Tuesday to introduce a new industry to the state that is expected to bring in $765 million in revenue over the next year and thousands of new jobs. What we’re talking about is legal cannabis. Look no further than the state of Colorado to see the incredible effects of legal cannabis on the economy, […]

Pressure increases on Ontario to ban vaping displays to protect teens from addiction

TORONTO STAR: On the cannabis portion of the bill, a lobby group called the Consumer Choice Centre warned allowing municipalities to ban private marijuana stores within their boundaries will create “prohibition zones” where the criminal black market will continue to thrive. “Waiting up to three business days for a package to arrive in the mail, which […]

Pressure increases on Ontario to ban vaping displays to protect teens from addiction

F3NEWS: On the cannabis portion of the bill, a lobby group called the Consumer Choice Centre warned allowing municipalities to ban private marijuana stores within their boundaries will create “prohibition zones” where the criminal black market will continue to thrive. “Waiting up to three business days for a package to arrive in the mail, which you […]

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