The countdown to cannabis is fully underway, at least for our friends to the north. Canada will become the first G7 nation to fully legalize recreational marijuana for adult use in just 36 days and some change, but that doesn’t mean that everyone will be running out to their local dispensaries to load up on the green goodness. On the contrary, in today’s world of convenience, some reports have suggested that as much as a third of all recreational users in Canada will turn to online purchasing after October 17. How online deliveries can be adequately monitored to ensure that the drug doesn’t end up in the hands of young people is proving to be a high priority topic for Canadian officials, as detailed in a recent article published by The Star (http://cnw.fm/iCQ9c).
Parameters in Place
British Columbia and the B.C. Liquor Distribution Board (which will control all online recreational cannabis sales in the province) have already taken these delivery concerns into account, having developed a number of safety measures to keep mail-order marijuana out of the hands of kids.
As noted in The Star article, recipients of mail-order cannabis will be required to show valid identification at the point of delivery, and consumers will also be required to provide identifying information during online ordering. Adding to the safeguards, a third-party delivery service trained in federal protocols around age verification will be enlisted to move all cannabis packages from government warehouses to consumers.
For added measure, Viviana Zanocco, communications manager for the B.C. Liquor Distribution Board, told The Star that the packages themselves will be sealed in odor-proof, tamper-evident containers with no exterior markings to indicate the contents of the package.
A Proven Process
While the hullaballoo surrounding legalized recreational cannabis in Canada is unlikely to die down anytime soon, it’s worth noting that getting marijuana by mail isn’t exactly a new concept for Canadians. An article published by The Chicago Tribune (http://cnw.fm/JYx7A) notes that Canada Post, the nation’s primary postal operator, has been shipping medical marijuana to authorized patients since 2013.
“Many of our processes are in place today for medicinal cannabis and will continue for any regulated product sent through Canada Post from licensed distributors,” the agency noted in a written statement.
The decision of how to regulate cannabis sales will be left to provincial governments following the October 17 milestone, and these guidelines appear set to vary quite a bit in the recreational market’s early days. Ontario, in particular, will serve as a proving ground for the mail-order delivery of recreational cannabis.
As detailed in an article published by National Post (http://cnw.fm/X0huB), Ontario intends to sell recreational weed through a government-run online retail channel, with plans to have pot in private retail stores by April 2019. While ensuring safe and reliable delivery has caught the attention of legislators, the forward trajectory of the cannabis industry is even more reliant on the availability of high quality supply to meet the anticipated demand.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is a research and development company licensed under the Access to Cannabis for Medical Purposes Regulations to cultivate medical marijuana. The company’s principal activities are carried out from its facilities in Ancaster, Ontario, where it grows high quality, organic cannabis with sustainable, all-natural principles.
In a recent interview with NetworkNewsWire (http://cnw.fm/e8bFR), Brian Athaide, CEO of TGOD, noted that the company intends to become a branded consumer goods supplier established as “the Whole Foods for the cannabis industry.”
Well on its way, TGOD has partnered with Aurora Larssen Projects Inc. (“ALPS”), which recently built an 800,000-square-foot facility outside of Edmonton and is now assisting TGOD in the construction of a one million-square-foot facility. Aurora Cannabis (TSX: ACB) (OTCQX: ACBFF), one of the world’s most innovative cannabis companies, has invested more than $78 million into TGOD, validating its distinguished organic strategy, R&D, beverage divisions, management team and international expansion plans.
The Green Market Summit
For investors looking to capitalize on the evolution of Canadian cannabis, few companies have recorded a more intriguing 2018 than TGOD. The company commenced trading on the Toronto Stock Exchange in early May following the successful completion of a record-setting IPO, and it has since entered into an agreement to acquire 100 percent of the issued and privately-held shares of HemPoland, a leading European manufacturer and marketer of premium organic CBD oils (http://cnw.fm/Ln2Rm).
Those interested in learning more about the company can tune in to the upcoming Green Market Summit this Friday, September 14, 2018, where CEO Brian Athaide will be interviewed by CNBC’s Jim Cramer, a best-selling author and American TV personality. Athaide is expected to discuss the company’s progress toward uplisting its U.S. shares to the New York Stock Exchange, as well as showcasing TGOD’s methodology and differentiated approach focused on organic products, cannabis-infused beverages and establishing a presence in key international markets.
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