Browse Tag by Build a Marijuana Business
Blog

Facts on How to Build a Marijuana Business in Canada

If you want to build a marijuana business in Canada, it is possible because it is one of those few countries where growing and selling marijuana is absolutely legal as long as you have a federal license. This means any individual or a business entity can build a marijuana business with proper licensing. However, using marijuana for medical use is not the same as recreational use. While medical marijuana has been legalized in Canada, the recreational use of the same is still considered illegal.

The bill for the federal legislation of recreational marijuana has been proposed but it has not been passed yet. After this bill is passed, the use of both medical and recreational marijuana will be legalized in the country. People will be able to grow and sell marijuana without any legal fears.

To build a marijuana business in Canada, you will need to consult with the lawyers, accountants, tax experts and other public officials in the country. Whether you are seeking to grow cannabis for personal use or for commercial sales, you would need to consult with laws professionals in Canada. You need toget the required license from Access to Cannabis for Medical Purposes Regulation (ACMPR) program

After obtaining the license, you may either grow cannabis at home or cultivate them in a commercial space. Distribution or sale of marijuana can be done at the dispensaries or compassion clubs. Although cannabis is legal in Canada, it is interesting that dispensaries and clubs are not. They fall under the grey areas of the law, hence you need to be careful.

Settings Up A Marijuana Dispensary

There are numerous dispensaries spread across the different states from where people can buy medical marijuana. Although dispensaries are not legal, the law makers do not prosecute them as they have many supporters in the public. You can find medical marijuana dispensaries in Vancouver, Victoria, and British Columbia areas.

Most of these dispensaries will have a storefront or reception where they can attend the patients.  The stores are stocked with a variety of marijuana products. The patients or their care givers usually come with a prescription and the medical marijuana is provided based on the prescription. The dispensaries will not sell marijuana to minors or unqualified people. They operate in a serious manner and have a highly professional approach.

The compassion clubs are different from the marijuana dispensaries. While the later is a for-profit entity, the former is a non-profit body, which is better known as health-related societies. Just like the dispensaries, the compassion clubs are also not legal but they still operate in various parts of the country.

As of now, the federal laws related to growing and selling of cannabis are not very clear. Although the use of medical marijuana is legalized, the law makers still need to work on the licensing and regulations so that people can get proper licensing and do business responsibly.

Where To Get A License For Growing And Selling Cannabis

If you would like to build a marijuana business then you must apply for a commercial license to grow, sell and distribute cannabis. The industry is regulated by the Access to Cannabis for Medical Purposes Regulations (ACMPR). Please read the regulations regarding security measures, record-keeping, and quality assurance carefully. There are some specific rules about advertising a dispensary and promoting products, so learn in depth about the law before getting into the business.