Question for the LP's and small LP's

leaffan

leaffan

Well-Known Member
ispice said:
Right O.

Also worthy for all to take note of in the archived impact statement:

I have been requesting this statement lately, perhaps others will be interested and make a similar requests for it.
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You requested it, how have they replied?
Also, how goes the battle?...I am rooting for you...
 
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leaffan

leaffan

Well-Known Member
Agracan said:
Im on my phone now but when I get to the computer I'll dig up the link. I read that document as well and it specifically said that this program is geared for small business.



Hey leaffan you serious about the license and selling your business? If so send me pm.
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Sorry if I wasted your time, that was strictly for that newbie...
 
Devil Lettuce

Devil Lettuce

Well-Known Member
leaffan said:
That was a long time ago...thanks Agracan for digging that up.
You are right...it does say it is geared for small business. I'm sure we can all agree they had to say that.
If you read through it, I think you will find certain passages that show their real intent, or at the very least have you wondering.
Yes you can be small to start, as stated, but I will stand by my original thinking that you had better grow that from a small to a medium size quickly.
I think they have the pharmacy option in there too.

I certainly didn't mean to mislead anyone.
Poor memory, it was my interpretation not what was actually in type.
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No problem Leaffan, I've consumed so much information over the last year that it's hard to keep it all straight sometimes. I think most small LP's have this in mind anyhow, and have some level of expansion built into their location and business plan.
 
leaffan

leaffan

Well-Known Member
Devil Lettuce said:
No problem Leaffan, I've consumed so much information over the last year that it's hard to keep it all straight sometimes. I think most small LP's have this in mind anyhow, and have some level of expansion built into their location and business plan.
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The line about record keeping being one of the most significant costs is interesting...
Yuck, I actually started reading it again...wtf is wrong with me?
 
WHATFG

WHATFG

Well-Known Member
The small business lens requirements apply to the proposed MMPR. As licensed producers are all expected to be small businesses, regulatory compliance flexibility, such as outcome-based security requirements rather than prescriptive security requirements, has been built into the proposed MMPR for all businesses.

What is considered small business by HC? This is laughable.
 
Jackal69

Jackal69

Well-Known Member
I think it was more a ploy for DG's to think they could easily convert to a small business LP.... if ya think about it.
HC-small business orientated
DG-well I grow already for patients under MMAR... how hard would it be to be licenced again under MMPR
HC-Here's the rules now (evil laugh) oh by the way you best have tons of money to follow our new guidelines but no worries we will even make it harder down the road adding new stuff.... small business need not apply ... you best be med to large business now (laughing in the background "they fell for it")
DG-FFS!!!!! well shit I guess I best make some cash and sell to the LP's already in full swing because costs are getting too great.... WTF our shipment was seized

The saga continues
 
leaffan

leaffan

Well-Known Member
Yes that's what Industry Canada says. To most here, 90 employees is not what they view small as being.
$10 million per year has been another number that shifts you from small to medium.
I think when some people are talking about being a small LP, what they really are talking about is being a "micro" LP.
I don't think HC is overly enthusiastic with the prospect of too many "micro" players...just my gut speaking, I sure hope I'm wrong.
 
Agracan

Agracan

Well-Known Member
I agree. I think a great number of applicants would fall into the micro business category. Having anything above 10 full time employees in my opinion would take you into the higher echelons especially in this industry. The overhead created by full time staff is a real drain on a fledgling business. This is where having a well run family business helps, (if your family gets along).
 
oddish

oddish

Well-Known Member
I think part of the problem with that is that HC estimated 51 licenses and capping that at 61 in the next 5-10 years.
Small businesses take one of those licenses but don't promise to provide for 1/61 of the market.

This is why I personally believe the big guys are getting approved first.
Also because they can pad pockets better than small guys.
 
Agracan

Agracan

Well-Known Member
oddish said:
I think part of the problem with that is that HC estimated 51 licenses and capping that at 61 in the next 5-10 years.
Small businesses take one of those licenses but don't promise to provide for 1/61 of the market.

This is why I personally believe the big guys are getting approved first.
Also because they can pad pockets better than small guys.
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Given the propensity to hand out licences thus far it appears that they are well within the 51 licences estimate
 
oddish

oddish

Well-Known Member
Agracan said:
Given the propensity to hand out licences thus far it appears that they are well within the 51 licences estimate
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Propensity? I don't think that's the right word for what they're doing. Propensity is a natural inclination to do something - this feels like pulling teeth.
 
I

ispice

Well-Known Member
leaffan said:
You requested it, how have they replied?
Also, how goes the battle?...I am rooting for you...
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The only response so far was linking me to the latest impact statement, and then ignoring further request.

It been interesting, don't want to say much more just yet.
 
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