The new Marihuana for Medical Purposes Regulations aim to treat marihuana as much as possible like other narcotics used for medical purposes. The regulations will provide access to quality-controlled marihuana for medical purposes, produced under secure and sanitary conditions, to those Canadians who need it.
The regulations will also streamline the process for applicants and health care practitioners. Under the new regime, individuals will not be required to provide personal medical information to Health Canada. Health care practitioners will be able to sign a medical document enabling patients to purchase the appropriate amount related to their conditions directly from a Licensed Producer approved by Health Canada.
In order to facilitate the transition from the current program to the new regime, both will operate concurrently until March 31, 2014.
This fledgling $1.3 Billion industry is just startingand it is in desperate need of quality industrial producers. http://goo.gl/lASYkf
Medical Marijuana comes in thousands of varieties. Medical Marijuana is a treatment for many symptoms of many illnesses. With that in mind our company wants to reach out to our customers and learn from them what varieties of Medical Marijuana are best for each condition. Grow a variety of strains, work with each of our customers to make sure they are getting the exact strain that works best for them. Grow the best possible products in sanitary conditions. Become Organic Certified. And be proud, that through growing a quality product that works and is safe to use, we have helped make people feel healthier and happier.
This is a new business opportunity, and a new industry. Each of our members is successful in our private lives and bring to the table a wide range of expertise. From running successful business, to working years in a greenhouse, to years of huge backyard gardens, years of IT, computers and software knowledge, to years of Quality Assurance and Laboratory work.
The largest problem we face is the requirements imposed under the Marihuana for Medical Purposes Regulation and the Directive On Physical Security Requirements For Controlled Substances (licensed Dealers Security Requirements For The Storage Of Controlled Substances). All of the following must be in place before being allowed to apply for a license: building/site location, infrastructure design and construction, and security.
Where the money is going:
Hire a General Contractor, find a suitable industrial location/building, construct infrastructure, adequate security, web presence, equipment and supplies, necessary staff, operating expences.
Other Ways You Can Help
- "Volunteer" your time and abilities, at least until we are up and running at your time will be back-paid.
- Get the word out. Help us go viral. The more capital we have, the sooner we can start, the bigger we will be, the more people we can help. As of April 1, 2014 there will be too few producers that far too many people will have to use the illicit market.
- Spread the word of this campaign to as many people as you can by using the Gogetfunding share tools!.
Today was day one of the Toronto Medical Marijuana Conference is done for the day. There were great speakers, and I learned a lot. Mostly I learned the frustration of continuous being shocked how expensive this enterprise is. So far i have about $100k (plus or minus 20K), and I was hoping that $150k would be enough. Clearly I was wrong. I figured any more than $50k money I raised by the funding site would gravy, but I, after what i learned today, I feel I couldn't not start this project without, at least, $250k on hand. With the excellent information I got today I will put together a business plan.
- Building Lease: $40k/y
- Security System: $40k + $6000/y
- Software: $40k + $6000/y
- Building Infrastructure:60k
- Salaries (QA): $40k/y + Temps.
We still need ads, marketing, lawyers, accountants, running costs...
In a 10,000 sqft building we should be able to have 150 to 250 lights. In a 8 week grow cycle each light should produce 1 to 2 (.5 to 1kg) pounds of medical marijuana. Each gram of medical marijuana should sell from $5 to $10. So, taking the minimum numbers. Every 8 weeks are worth $350,000. Or $2.1 million per year.
Update Oct 31:
Ok. So where are we today?
We have been working on private investment since this site was launched (Obviously not spending much time around this site. lol)
As of the 28th we had about $120k in private funding (Private meaning me talking to people versus "non-private" which would be other avenues like this site).
On Wednesday the 30th we sat down with a potential partner and investor. With her being involved our investment concerns have vanished.
Our dream goal of reaching $300k is gone and now we looking well past the $500k amount. Our plan of 4-6000sqft grow facility has now become 10,000sqft+. We are no longer looking at renting, but purchasing a small plot of land, 1-2 acres, and building our building to suit our needs.
With one meeting this endeavour has gone form a dream to a reality.
We are going to grow $$MILLIONS$$ of Medical Marijuana.