Bullboard - Stock Discussion Forum Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company... see more

Add To Watchlist

GREY:RVVQF - Post Discussion

Ravenquest Biomed Inc > Top George Robinson Quotes from BNN Interview

View:

Post by ourrug on Jan 22, 2019 9:10pm

Top George Robinson Quotes from BNN Interview

Cannabis Canada: Pot supply shortage could last five years

“Canadian pot producers will need to grow as much as 6 million kilograms of cannabis annually in order to meet the domestic demand for dried flower, edible products and other extractables that are expected hit the market later this year.”
“… Cannabis extraction efficiencies range between 12 per cent to 26 per cent, depending on what chemical compound is used to separate the components of cannabis and remove them from the plant to make oils. That means that for every 100 grams of cannabis, only 12 to 26 equivalent grams of cannabis oil is produced.”
“Five years to meet that demand is conservative, in my opinion,” Robinson said. “What may occur is that we can’t get the growing figured out, then Health Canada has no choice but to open up imported product into the country.”

Read original interview here: https://www.bnnbloomberg.ca/canada-s-pot-shortage-could-last-5-years-amid-edibles-demand-expert-1.1202192