facebook

Okanagan cannabis conference: pot for pets a ‘massive market’

The Okanagan Cannabis Conference, the first of its kind, is attracting potential investors and budding entrepreneurs like Kristine Rossworm of Kelowna.

She runs a wine tour business and wants to expand into the cannabis tour business.

“Maybe you would be able to try a product and maybe take a tour in a facility to learn how it’s actually grown and produced and (get) educated on that side,” said Rossworm. “As well consuming some of the products.”

The Okanagan Cannabis Conference in Kelowna attracted a wide and diverse crowd.

Global News


READ MORE:
Doctors say medicinal cannabis may be the answer to ailing pets

Valens GroWorks is already in the game and has been for some time. It has large grow operations set up in Kelowna, Lake Country and is looking to expand to Armstrong. Its focus is on the extraction market, where cannabis is turned to oil for consumption.

The owner says that’s where the future of the industry is heading.

“If you look at any cannabis-mature market in California or in Washington, flower sales go down month-after-month and extraction or ancilliary products go up, whether it’s topical, vape pen, edible or beverage. Those are currently rising month over month,” said Valens CEO Tyler Robson. “So that’s exactly where we’re heading.”

Some are banking on vape pens taking off when legalization happens, including Jonathan Parker of Vancouver’s Kush Oil, who says vaping oil is the future of cannabis consumption.

“Kush oil, pure CO-2 extraction is the wave of the future,” said Parker. “It’s the cleanest way to smoke. Very gentle on your lungs.”


READ MORE:
Cannabis stocks are high but investors say they’re just blowing smoke

Some booths were selling the latest and greatest grow lights; even shipping container companies are looking to get in on the action. And there’s a company that will come to your home and help set up your own grow.

Many at the conference were there to hear what Darcy Bomford, the CEO of TrueLeaf Medicine, had to say. His company is building a massive grow operation in Lumby and a big part of its market are pets.

“The cannabis industry globally is a $90 billion industry but the pet industry is $180 billion globally, so twice the size,” said Bomford.

If you’re looking to invest in the cannabis industry, Bomford’s advice is to pick the players who are in the game for the long haul.

“Look at the companies that are going to give you long-term growth, build a brand over the next five to 10 years would be my advice,” said Bomford.

© 2018 Global News, a division of Corus Entertainment Inc.



Source link

Global News Feed

Global News Feed

GlobalNews.ca offers Canadians from coast to coast a host of news and information – from breaking news in their town or city to deep engaging content that puts complex world issues in perspective. Our 11 local sites provide up-to-the-minute community-based news, weather and information, while our new umbrella national site features stories, analysis and deep, engaging content about issues in Canada and abroad.
Global News Feed
Buds2Go.ca is not responsible for, nor do we always share the opinions of the content posted on our website through our partners or independent authors.

Leave a Reply


What is a Sativa?

Sativa strains of medicinal marijuana are usually uplifting and stimulating. If you’ve ever smoked or ingested cannabis that makes everything funny and puts you in a great mood, it was probably from a Sativa strain. It creates a feeling of comfort, non-drowsy, and usually introspective highs. The effects of smoking or ingesting a Sativa makes them particularly popular among artists and creatives. The most popular medicinal benefits range from treating mental and behavioral problems, to treating depression, stress and ADHD.

What is an Indica?

The major difference between Sativa’s and Indica’s is while a Sativa can make you feel alert, active, and aware, an Indica will have a relaxing feel on the body. The physical effects of an Indica strain commonly include a drowsy and mellow mood with stress and pain relief. Indica’s are one of the more suggested strains when using it for medicinal purposes as it effectively treats sleeping disorders such as insomnia, fibromyalgia, body aches and pains. Indica’s are also commonly used for treating Multiple Sclerosis, Parkinson’s disease, Fibromyalgia and Lupus

Why Choose Hybrid?

The benefits to smoking or ingesting a Hybrid strain are simply as follows. Hybrid’s offer the best of both worlds combining several qualities of each containing strain. Some Hybrid’s are Indica dominant, which will offer pain relief and / or mellow mood, however may contain up to 50% Sativa so it will not make you too drowsy. Other’s may offer a Sativa dominant strain, which will encompass several calming benefits and pain relief, but also give a mellow, yet energetic high.

Why use Buds2Go?

We offer a guaranteed, reliable medicinal marijuana buying and shipping experience for our members. There are still thousands of people who don’t live in areas that are served by local dispensaries such as Vancouver and Victoria BC. We offer a Canada-Wide shipping service that is both fast and discreet and always include tracking numbers. We verify our members age using a photo ID verification system that usually takes less than 2 hours to complete, after which that data is destroyed and our new member is assigned a Verified membership number.