Hiku Brands Company Ltd. DJACF

RE:RE:RE:British Columbia Non Medical Marijuana Plans Today

[Extalliones]

hassy wrote:

Hey GoBlue, I would appreciate it if you could explain to a newbie (me..) why this is not good for TS/ doja. I read the media link and I got the impression that independent retail shop (ie. TS model) would flourish under the arrangement. BC Gov simply do not want cannibis be mixed up with alcohol...no?

He is referring to the following:

"a person or company may have an interest in both a producer and a retailer. However, the LCLB will place restrictions on the business relationship between the producer and the retailer. Where there is a close association (financial or otherwise) between a licensed producer and a non-medical cannabis retail business, the retail business will be prohibited from selling any products from the licensed producer. This restriction ensures that the market remains diverse and larger participants do not consolidate and control the market. The Province may create exceptions in the future to support micro-producers."

As it stands, that means that DOJA can't sell any of the cannabis it produces through its own retail outlets (or those of TS or VP) - at least not in BC.  It may be possible "in the future" if DOJA qualifies as a "micro-producer".