One of the biggest snow storms this year hit Toronto in late February, but that didn’t stop an enthusiastic crowd from attending CCI’s Cannabis Cultivator Compliance Conference at Grant Thornton’s beautiful downtown office. The sold out event brought industry experts from CCI and Delta 9 Cannabis together to share the real facts about entering the cannabis market in Canada.
For CCI, the Cannabis Cultivator Compliance Conference is a way to engage small market growers based in the black market and provide them with the knowledge they need to consider when entering the legal market. During the Toronto conference, the industry experts addressed issues of domestic and global supply, provided information on growing space options and discussed new opportunities within the new regulations for edibles, extracts and topicals. From growers to processors, the audience was made up of a group of well informed individuals who were heavily engaged in the conference.
Andrew Ross, CCI’s Business Development Manager, addressed the audience by first stating an indisputable fact, it is a misconception that the market is oversaturated with growers. From day to day, it’s evident that there is not enough supply to meet the current demand. Ross advised that the Canadian market is continually growing not only because of legalization in the country, but also as a result of industry expansion into international markets like Europe and South American. As more countries across the globe adopt legalization, they will look to Canada on how to develop a regulated system and as a source for reliable and safe products.
For audience members who were interested in finding alternative growing spaces, Kelsey Friesen, Director of Sales at Delta 9 Cannabis, shared what the company is doing for micro-cultivators. As a license holder, Delta 9 Cannabis supplies growing pods to the marketplace. This can be an economical option for microgrowers as property in Canada can be expensive.
The final discussion of the conference was led by Samuel Bouabane, Director of Quality and Regulatory at CCI, where questions about the newly proposed regulations on edibles, extracts and topicals were addressed. After a brief overview of the proposed regulations and the impacts it will have on the marketplace, Bouabane talked about how a need for more supply will be inevitable as new products come online. Microgrowers have a big opportunity to get involved in the market through research and development as product developers create new product. They will also be essential to the process because of their access to genetic strains. Since these strains are not in currently available in the legal marketplace, their expertise is sought after.
CCI has been taking this conference nationally hosting numerous conference from coast to coast. For more information about CCI, go to: https://www.cannabiscomplianceinc.com/.
The Cannabis Society is hosting more conferences this Spring across North America!
April 15 - New York - Business Conference
If you’re interested in being a speaker, sponsor or attendee at The Cannabis Society’s upcoming conferences, please reach out to The Cannabis Society’s General Manager, Jay Cleary at email@example.com.