Canada's Medical Marijuana Home Grow Regulations Come into Effect Today - Is it a Viable Small Business Model?
The Access to Cannabis for Medical Purposes Regulations (ACMPR) comes into effect today. In essence this allows Canadian medical marijuana patients to grow their own or select an independent grower to grow for them, rather than by purchasing through large scale licensed producers. This is the federal government’s response to the Supreme Court ruling that made affordable access to cannabis medicine a human right.
As cannabis legalization spreads globally, local, state, and federal governments are all struggling to come up with business models that address regulatory concerns, medical needs, and freedom of choice issues. In Colorado, and Oregon the more free market approach is often described as the Wild West. In New York, Minnesota, and Florida, a fixed oligopoly with very few winning licenses being given out is at the other end of the spectrum; and in Canada a very structured industry model with an arduous process and high barriers...
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