MMPR - Medium Size Grow - GTA
- Thread starter Beaches Compassion
- Start date
maximum
Active Member
That table got misunderstood lots. People also thought it was saying the first year only 51 businesses will be issued a license.
"Costs have been estimated using the Standard Cost Model"
Your costs could be even higher or lower depending on your setup. Redi has a $250k budget for his. Mines nowhere near his.
Beaches Compassion
Active Member
This is on their site
[h=2]Apply to Start R&D[/h]First, you will need to determine if your project includes or requires production of marihuana:
- If yes, you could apply for a licence issued under section 9 or section 67 of the Narcotic Control Regulations; and/or
- an exemption issued under section 56 of theControlled Drugs and Substances Act.
- If it doesn't include production and you intend to purchase the marihuana from a licensed source, you could apply for a licence issued under section 9 of the Narcotic Control Regulations or an exemption under section 56 of the Controlled Drugs and Substances Act.
It should be noted that if interested parties wish to conduct activities such as producing marihuana for the purposes of sale before the new proposed MMPR are in force, those parties must comply with the applicable requirements of the
romulanlover
Active Member
In the grand scheme of things the invesment is not anything out of this world compared to small biz investments required in other industries. In my view the real kicker is getting your clientele, likely without any form of advertising being permitted aside from having your contact info on the HC website.
maximum
Active Member
Yea Im with you.
The question is how many companies/people will actually be able to meet all the requirements and get a license. I predict 100 - 200 licenses are issued. If this is the case, prices will be WAY LESS than 8.80/grm. Try 3.50/gram. How many people do you think will actually be able to get a license??
maximum
Active Member
I think more people now have licenses.
redi jedi
Well-Known Member
You need 450k to open a Tim Hortons...
maximum
Active Member
Yea and like canadian simon said, there is compliance with health standards when you own a restaurant too. Book keeping, staff, administration. Same concept here. Im with you guys.
romulanlover
Active Member
Another thought I forgot to mention - and I'll see if you guys have any thought on this - it sounds like you gotta do most of your capital investment (equipment, location either rented or bought, security system) prior to actually being approved. The thought of throwing all that dough down and not getting approved is pretty scary.
One idea is talking to sellers and pitching a temp lease agreement and condition to purchase upon approval. Then you are only in lease and equipment needed.
One idea is talking to sellers and pitching a temp lease agreement and condition to purchase upon approval. Then you are only in lease and equipment needed.
maximum
Active Member
"Before applying, does the proposed production site need to be equipped with all the grow equipment? Or can I apply with the empty building and then add my equipment once I am licensed?"
beaches I'am in the west end of Toronto and I'm currently forming a group of interested individuals to put together a viable application for a LP.We already have had a few meetings with a lawyer and have made a bit of progress.No name choosen yet or corp registered but this is the type of undertaking that will require a serious investment and a lot of dedication so if there are interested parties let me know.Some of the applications that I know of took an investment of about 8-10mil $ when completed I know of two in Toronto area one is 30000 sq ft the other is 8700 sq ft I would be considering somewhere in the middle
Sir.Ganga
New Member
You all seem to forget something...There are currently over 30,000 members holding licenses. With a limited amount of production licenses do you think they will endorse a small to medium operation. Each grow will be responsible for over 400 patients, if you consider 400 as small then disregard my statement. By my calculations to open a garden and store front of something even remotely close, you will need some major investors because the numbers will be in the millions to setup.
redi jedi
Well-Known Member
How do you know there is a limited amount of production licenses? I haven't seen any information stating so. Sounds more like speculation to me.
I believe Health Canada has a quota to fill now.
Brian Savage
Well-Known Member
The best is going to be when they lose in the constitutional challenege of the MMPR in september because the new regulations are in complete violation of both the 2000 Supreme Court Order and the Charter of Rights and freedoms in multiple sections. If you think this will survive a court challenge you're mad.
I asked HC if only a limited number of production licenses would be granted to perhaps keep the system more manageable.
This was their response dated June 17, 2013:
Health Canada would provide a license to become a licensed producer to all applicants that will satisfy all requirements (such as but not limited to quality control, security clearance, building security, record keeping etc.) under the Marihuana for Medical Purposes Regulation.
Hope this answer your questions.
If you have any additional questions, please do not hesitate to contact us.
Licences and Permits Division
Office of Controlled Substances
Health Canada
This was their response dated June 17, 2013:
Health Canada would provide a license to become a licensed producer to all applicants that will satisfy all requirements (such as but not limited to quality control, security clearance, building security, record keeping etc.) under the Marihuana for Medical Purposes Regulation.
Hope this answer your questions.
If you have any additional questions, please do not hesitate to contact us.
Licences and Permits Division
Office of Controlled Substances
Health Canada
Sir.Ganga
New Member
I wish I could find the info. It was on HC site and was stated either 55 or 77 production licenses for all of Canada. I will search and find it....what a fucked up site!