A New Resource for Cannabis Producers The digital version of the debut edition of Grow Opportunity is now online. As the first publication dedicated to the production of cannabis in Canada, Grow Opportunity is focused on providing LPs with the information they need to build and expand their business, as well as plant the seeds for future success. Grow Opportunity’s quarterly publication and digital and social platforms will act as a resource tool for industry investors, C-suite executives, managers and staff at LPs from coast to coast, as well as to those decision-makers involved in the actual growing, harvesting and curing of cannabis. The website is at growopportunity.ca. It features a regularly updated industry news section, a subscription centre, and a job board, among other features. Grow Opportunity is a sister publication to Greenhouse Canada. QUÉBEC’S LARGEST TOMATO GROWER Jacques Demers, president and CEO of Productions Horticoles Demers Inc., officially opened the company’s new greenhouse – the largest tomato greenhouse in the province. The $25 million expansion of the facility was made possible by financial support from the Fonds de solidarité FTQ, Desjardins Capital and Capital Financière agricole, as well as by a strategic partnership with Waste Management (WM). The new greenhouse triples the size of Demers’ facilities in Centre- du-Québec, going from 3.2 to 10 hectares, and marks the completion of phase two of a $40-million project. Its production capacity of over 100,000 kilograms per week (6,000 tonnes annually) will ensure a steady, ample supply for local food chains and wholesale distributors. As winter approaches,consumers who seek fresh local produce will be delighted to learn that thanks to this new greenhouse, tomatoes will be readily available in all of Québec’s large supermarket chains. In 2012, Waste Management (WM) commissioned a power plant in Drummondville that uses biogas to power its engines, connected to generators. WM developed an ingenious process whereby the heat generated by the engines is recovered and used as a source of energy by Demers. Utilizing the province’s surplus power as an economic lever is a winning strategy for everyone since not only does it generate significant economic activity, it makes it possible for Quebecers to consume more local fruits and vegetables. Visit the news archives at greenhousecanada. com for more on this project. BY THE NUMBERS $8.32 Average price per gram of cannabis across Canada, 2015-16. (Parliamentary Budget Office) The global healthy snack market is expected to reach $42 billion by 2025. (Grandview Research) 47% of Canadians feel Ottawa should push back its July deadline for legalization of cannabis. (Angus Reid) The global medical cannabis market is estimated to reach more than $70 Billion by 2025. (Grandview Research) 65% of Canadians support legalizations of cannabis. (Angus Reid) 56% of Canadians feel a 50/50 split (Ottawa/ provinces) of the proposed $1/ gram tax is fair. Cannabis taxes in Canada could top $1 Billion. 55% of Canadians don’t feel their province will be ready to regulate/ distributre marijuana by July 1, 2018. (Angus Reid)
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