LETTER: The case against legal cannabis production

From reader Tom Prior

Re: “Community Futures launches cannabis consultation program,” Nov. 21

Community Futures recently received $675,000 of taxpayers’ money to advise locals on producing legal cannabis. The best advice they could give a former illegal producer or a new investor at this point: don’t do it.

There is only one buyer for legal cannabis: some entity of provincial government, with Health Canada in Ottawa creating insurmountable expenses that is meant to drive the mom-and-pop West Kootenay cannabis producers out of business.

Sooner or later this arrangement is going to break down, if it has not already.

The cost of producing indoor legal weed in Canada is around $600 plus a pound. Not including the $2 million or $3 million infrastructure cost.

The cost to produce outdoor Canadian illegal weed is less than a $100 per pound. Simple capitalist economic logic speaks loudly regarding the steep hill a legal producer faces to compete with the black market.

At this point some of the major Canadian “legal producers” are setting up shop in Mexico, Central America and other places that can actually produce cannabis all year round; minus the cost of BC Hydro, accountants and all the other costs necessary to meet the three levels of government that are holding out their hands for a piece of the action. In Mexico there would only be the local criminal cartel to pay off.

It seems like the provincial, federal, and municipal pundits are trying to coax unsuspecting Canadian entrepreneurs into a market that will eventually be flooded with cheap third world cannabis.

Tom Prior

Nelson

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Nelson and COVID-19: everything you need to know

Check this page for every local story related to the outbreak

West Kootenay couple escapes Spain – safe, sound, and in self-isolation

BC couple Garrett Kucher and Tory Apostoliuk make it home after almost a week of lockdown in Spain

Social media a blessing and a curse during time of crisis: B.C. communication expert

‘In moments of crisis, fear is very real and palpable,’ says SFU’s Peter Chow-White

Interior Health officials outline pandemic response in virtual town hall

Kelowna-Lake County MLA Norm Letnick moderates digital discussion, Q&A with Interior Health leadership

MP Morrison touts non-partisan effort to provide relief amid COVID-19 pandemic

The federal government has announced a slew of economic initiatives for those impacted by the pandemic

World COVID-19 morning update: Olympics delayed one year; 12,000 health care workers infected

Comprehensive world news update: Lockdown in UK showing signs of hope

Newspapers are safe to touch, World Health Organization confirms

Just make sure to wash your hands as you would after touching any surface or object

‘Nothing concrete’: Tenants, landlords lack details after B.C. unveils COVID-19 rental aid

Single mom in Golden says she’s already going to the food bank after being laid off

Canada will make sure masks sent by China meet quality standards: Trudeau

Chinese Embassy tweeted that China was sending 30,000 medical masks along with gowns, gloves and goggles

B.C. issues guidelines about distancing, reusable bags to grocery stores amid COVID-19

Hand sanitizer and markers to keep lines two metres are apart are needed, province says

No plans to call in military right now to enforce COVID-19 quarantine: Trudeau

Trudeau unveils $7.5M for Kids Help Phone, $9M for vulnerable seniors amid COVID-19

QUIZ: How much do you know about the Olympics?

Put your knowledge to the test with these 12 questions

B.C. announces $3M for food banks to increase capacity during COVID-19

It is not clear how much of the money will flow towards Greater Victoria food banks

Most Read