MFT Group, do you work for Peace Naturals?

WHATFG

WHATFG

Well-Known Member
And because of Health Canada's bullshit process, all the new LPs will be paying down a $1 million business loan to go through the process of applying, which means even high prices.

What do you mean? LPs that are just being given licences or the application?
 
oddish

oddish

Well-Known Member
WHATFG said:
And because of Health Canada's bullshit process, all the new LPs will be paying down a $1 million business loan to go through the process of applying, which means even high prices.

What do you mean? LPs that are just being given licences or the application?
Click to expand...
The application process is very expensive. Guys are buying an application for about $300,000 now and even then they have to pay for all kinds of QA and things along the way - before they even license. I would ballpark the average starting deficit at about $1 million for a medium sized LP. That means the day they open their doors to start growing, they already owe somebody a million bucks.

@rnr can chime in
 
WHATFG

WHATFG

Well-Known Member
I thought you were talking about some kind of licencing fee. I see that coming next do you?
 
oddish

oddish

Well-Known Member
WHATFG said:
I thought you were talking about some kind of licencing fee. I see that coming next do you?
Click to expand...
No. They're too expensive already and everyone will just say it's Health Canada milking the system.
There's already fees for data analysis and a few other small things that are paid to Health Canada.

The biggest problem is they're not approving people, so people sit on $XX,XXX leases every month and that all gets added to their deficit, then transferred to patients costs. Even if you depreciate that over 6 years it's going to show up in the per gram cost.
 
I

ispice

Well-Known Member
oddish said:
Thank Harper - the first MMPR draft would have allowed for $0.75 production and $4 selling price. Alan Young even helped groups like Peace Naturals based on the promise that they would have strains available for $4 that were always in stock. Then the regulations changed and even he had to admit that it's senseless.
Click to expand...
I dont think anything much of anything changed from drafts or proposed regs to the final version, at least none that made the cost of production increase in any significant way.

The MMPR in its current form allows for .75c production and any amount for sale, the reason PNP or any other LP is charging what they are is because they can and have no scruples. The reason we do not see reasonable priced cannabis is lack of competition due to HC's licensing scheme/scam, not the regs in of itself.
 
The Hippy

The Hippy

Well-Known Member
What, problems for LP's....oh goody ....rubs hands together at the juxtaposition they seem to be in....What the matta....the raping not going so good....I WIN !!
Maybe their asses are sore now too. Just like the the patients they fleece.
 
oddish

oddish

Well-Known Member
ispice said:
I dont think anything much of anything changed from drafts or proposed regs to the final version, at least none that made the cost of production increase in any significant way.

The MMPR in its current form allows for .75c production and any amount for sale, the reason PNP or any other LP is charging what they are is because they can and have no scruples. The reason we do not see reasonable priced cannabis is lack of competition due to HC's licensing scheme/scam, not the regs in of itself.
Click to expand...
Almost none of that is true...
The regulations changed through the applications process.
  1. Increased security level from 5 to 7
  2. Increased number of security cameras, time to store data and quality of surveillance company
  3. Increased the QA requirements substantially (difference between $100,000 employee and $250,000 employee)
  4. Increased the minimum square footage to be considered (unofficial, but documented in responses from HC)
  5. Increased the testing regimen to an established one that requires even more microbial testing and equipment
  6. Increased the cost to handle, store and transmit data
  7. Reduced the sources of cannabis to only other LPs, who can then fix pricing however they want
  8. Increased the minimum vault requirements (tied to #1)
  9. Increased the software costs (no longer able to use entry level options, must use a PAR system or other certified system - difference of thousands per month)
And the list goes on and on.. I've read all the replies from Health Canada since day 1 and every single one was an added requirement tied to a new expense.
 
  • Like
Reactions: rnr
I

ispice

Well-Known Member
Most of those are HC discrepancy's not actual regulatory changes. The price bar is negligible, most of what you listed is security infrastructure and QA costs, both of which are highly variable based on each application. Id argue the price barrier could be less burdensome for smaller LP's than bigger. Money is not the barrier for most wannabe LP's.

Again the regs have not changed through the application process they have not been updated or changed since they were released., HC bullshit is what is ever changing.
 
The Hippy

The Hippy

Well-Known Member
Blind leading the blind...and I love every minute of the stupid incompetence. As it make easier and easier for LP fails....eeeew-eeee sweet
Even if they got it right...I won't buy any.....BM for me first, death next, LP weed last.
I win again....man I like winning. Smug bastard :-P
Never co-operate with goons....subvert everyone and sabotage harper where ever you can....we got the numbers...he's got....no respect

.....cause he's a pig.
Give us a kissy
 
oddish

oddish

Well-Known Member
ispice said:
Id argue the price barrier could be less burdensome for smaller LP's than bigger.
Click to expand...
Used to be. Then last Fall happened and the minimum security level changed to 7. Now you have to have a vault that takes up even more space in your facility that's already small. You also have to pay for a $250,000 / year QA program whether you do 1 gram or 100,000 grams. It no longer makes sense to be small, plus HC has been documented saying they only want facilities that are larger because the smaller ones don't help them solve their problem.

ispice said:
Again the regs have not changed through the application process they have not been updated or changed since they were released., HC bullshit is what is ever changing.
Click to expand...
The regulations changing and the requirements changing are essentially one in the same - you can't get a license without meeting them all.
 
WHATFG

WHATFG

Well-Known Member
I guess it only makes sense to be small from a quality standpoint. I don't think lp quality will ever compare to the small gardens grown with love.
 
R

rnr

Well-Known Member
ispice said:
Most of those are HC discrepancy's not actual regulatory changes. The price bar is negligible, most of what you listed is security infrastructure and QA costs, both of which are highly variable based on each application. Id argue the price barrier could be less burdensome for smaller LP's than bigger. Money is not the barrier for most wannabe LP's.

Again the regs have not changed through the application process they have not been updated or changed since they were released., HC bullshit is what is ever changing.
Click to expand...
your wrong oddish knows what he says, hes right in all that.
ive personally gone from stoked to fuck it lol if I get in great, if not, what ever. it has fully changed since I started.
as for fees that wont happen,
cmon addy change and I would give to shits about a lp.
 
You must log in or register to reply here.
Top