oddish
Well-Known Member
http://www.straight.com/news/413966/corporations-move-canadas-medicinal-cannabis-industry
According to Health Canada, 1,224 companies have applied since the introduction of the MMPR. Of those, 881 were refused or withdrew from the process. Meanwhile, about 320 remain under review.
By October 31, 2014 (the period for which Health Canada supplied data), 16 of the 25 companies licensed sold 1,400 kilograms of dried marijuana. (Nine companies can cultivate but are still waiting for final approval to sell.)
Nash’s estimate for security costs roughly matches numbers provided by everyone interviewed for this story. To grow marijuana in accordance with Health Canada regulations, businesses are spending $500,000 to $1 million or more before they can even begin to sell product.