{"id":29241,"date":"2018-09-12T17:00:45","date_gmt":"2018-09-13T01:00:45","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2018\/09\/12\/grow-up-conference-examines-canadian-market-before-legalization\/"},"modified":"2018-09-13T00:44:15","modified_gmt":"2018-09-13T08:44:15","slug":"grow-up-conference-examines-canadian-market-before-legalization","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2018\/09\/12\/grow-up-conference-examines-canadian-market-before-legalization\/","title":{"rendered":"Grow Up Conference Examines Canadian Market Before Legalization"},"content":{"rendered":"

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Last week, several hundred eager cannabis entrepreneurs and thought leaders converged at the Scotiabank Convention Centre in Niagara Falls, Ontario for the aptly-named\u00a0Grow Up Conference & Expo<\/a>. Canada is only weeks away from the launch of legal adult-use cannabis sales, and the excitement was apparent throughout the various panels, exhibits and networking lunches.<\/p>\n

\u201cCanada can own [the market],\u201d keynote speaker Kevin O\u2019Leary told a captivated crowd. \u201cThat\u2019s potential I\u2019ve never seen in my investment lifetime.\u201d<\/p>\n

The Canadian serial entrepreneur and \u201cShark Tank\u201d star added that while he doesn\u2019t have any money in plant-touching cannabis companies at the time, due to cannabis\u2019 designation as a Schedule I narcotic in the United States, he\u2019s chomping at the bit to get in when he can. However, he doubts he will see full legalization in America within his lifetime.<\/p>\n

\u201cMedicinal is much more interesting,\u201d O\u2019Leary said. \u201cThe size of that market is absolutely immense.\u201d<\/p>\n

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Streaming live from @growupconference in #Canada for #SharkTank\u2019s Kevin O\u2019Leary\u2019s keynote + Q&A. \"🌱\" Join us again at 4:20pm EST when our founder @eugeniocannabisnow speaks on the panel Brand-Aid: How to Make a Name in a Regulated Market. #entrepreneur #CannabisNow \"📷\" @annacannabisnow<\/a><\/p>\n

A post shared by Cannabis Now<\/a> (@cannabisnow) on Sep 7, 2018 at 7:53am PDT<\/p>\n<\/div>\n<\/blockquote>\n

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Allocating resources in booming markets outside of the United States seemed to be a popular plan among the many budding entrepreneurs, both Canadian and American alike, attending Grow Up.<\/p>\n

Eric Olson, co-founder and VP of global sales for\u00a0DynaVap<\/a>, a Wisconsin-based vaporizer technology manufacturer, agrees that gaining an international foothold has been a crucial part of his company\u2019s business plan.<\/p>\n

\u201cWe are in 110 countries and we are just now beginning to focus on the U.S.,\u201d Olson explained. \u201cWe wanted to ensure our infrastructure and brand strategy was strong while the [American government is] still figuring things out.\u201d<\/p>\n

That\u2019s not to say that interest in legal markets in the United States wasn\u2019t present during the Grow Up conference or among Canadian attendees.<\/p>\n

For example, Toronto-based cannabis educator and influencer\u00a0Jonathan Hirsh<\/a>\u00a0said that he believes that an industry still in its infancy will simply need more time to flourish.<\/p>\n

\u201cWith the brink of legalization [in Canada], it\u2019s super exciting because we have so many opportunities both locally and across the border,\u201d Hirsh said, \u201cbut I do think some Canadians are wary of seeking investments from the U.S. due to the shaky regulatory nature that exists there.\u201d<\/p>\n

Still, Hirsh was optimistic, saying, \u201cWe do believe our neighbors to the south will catch up, it\u2019s only a matter of time.\u201d<\/p>\n

The bulk of the Grow Up event was focused on cannabis cultivation and production, but topics such as branding, healthcare, investments, compliance and social responsibility were also touched on. One popular panel, titled, \u201cHow the Cannabis Act and the Legalization of Marijuana Affect Travel to the U.S.\u201d offered tips to locals should they run into trouble with rogue U.S. Border Patrol officers intent on\u00a0administering bans to Canadians entering the country who are involved with the industry<\/a>, which included removing content from cell phones that may be implicating.<\/p>\n

\u201cThis is a real issue, and everyone \u2014 from executives to consumers\u00a0\u2014 need to be cognizant of the fact that what will soon be legal in Canada is not yet legal in the United States,\u201d said panelist Amanda Ross, of Toronto law firm\u00a0Cooper, Sandler, Shime & Bergman LLP<\/a>. \u201cWe do not endorse lying to Border Patrol officials, but people do need to be aware of their risks and rights.\u201d<\/p>\n

TELL US,<\/b>\u00a0are you planning on investing in the Canadian legal cannabis market?<\/p>\n

The post Grow Up Conference Examines Canadian Market Before Legalization<\/a> appeared first on Cannabis Now<\/a>.<\/p>\n


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\nRead More: Grow Up Conference Examines Canadian Market Before Legalization<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last week, several hundred eager cannabis entrepreneurs and thought leaders converged at the Scotiabank Convention Centre in Niagara Falls, Ontario for the aptly-named\u00a0Grow Up Conference & Expo. Canada is only weeks away from the launch of legal adult-use cannabis sales, and the excitement was apparent throughout the various panels, exhibitsContinue Reading<\/a><\/span><\/p>\n","protected":false},"author":97,"featured_media":29242,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[34,50,1281,5799,5800,69,5801,5802,687,4552,5803],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/29241"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/97"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=29241"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/29241\/revisions"}],"predecessor-version":[{"id":29243,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/29241\/revisions\/29243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media\/29242"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=29241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=29241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=29241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}