Cannabis co-ops seek to bring small producers, processors into legal market
Entering the legal market is too costly and the regulations are too complex
Sunday, February 10, 2019
British Columbia may be famous for its bud but some say Canada's new marijuana legalization framework is excluding the small producers with established know-how. A movement is growing in the province to address that problem with a common idea: cannabis co-operatives. "Some may argue we've lost our place to either Ontario or Alberta based on the number of licensed producers based out of those provinces," said Barinder Rasode, CEO and co-founder or Grow Tech Labs, a cannabis business accelerator. Grow Tech Labs and Victory Square Technologies launched a cannabis co-op this month that will begin with a provincewide consultation of small producers and processors, Rasode said.