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Michigan Company Will Grow And Sell Marijuana In Canada

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cen biotech marijuana cannabis michigan canadaFirst, the Canadians sent one of their companies to Michigan to grow and sell marijuana; now, a Michigan company is doing the same thing to the land up north.

Forbes magazine reports that a company based in Michigan has been approved to compete with Prairie Plant Systems in the growing and selling of medical marijuana to registered Canadian patients. Creative Edge Nutrition of Madison Heights makes health supplements in the US and through their Canadian subsidiary, CEN Biotech, the firm announced in November that Health Canada had given them the green light to get growing. They will be the first US company to do so for the Canadian market.

Construction is already underway on a marijuana manufacturing center that is so close to Michigan we can probably see it. The 58,000 square foot facility in Lakeshore, Ontario will be producing cannabis in 7 months  for a market that will include Israel, Uruguay, Iran and North Korea. The facility will feature laser sensors, night vision cameras and a radio frequency tagging system for the plants.

At a cost of $16 mil Canadian, the investment is a drop in the bucket for Creative Edge. CEO Bill Chaaban told Forbes, “By the end of year five we’ll be doing $100 million in sales.” The article lists the major players in the Creative Edge investment as “companies that deal in alcohol and tobacco, entertainment industry players and sports figures.”

CEN plans to produce cannabis at a fraction of the cost reported by the companies currently distributing to the Canadian market, who currently sell marijuana for between $5 and $6 Canadian per gram. That’s roughly equal to $4.75 – $5.50 US per gram. Chaaban claims he can produce marijuana for $.80 to $1 Canadian per gram, which would be welcome news to that country’s registered medical marijuana patients.

Prairie Plant Systems is one of three approved and producing companies currently supplying the Canadian medical marijuana market; in 2013 they successfully used lobbying efforts to jam a bill through both housesof Michigan’s legislature within a month and a half. That bill creates a law that would establish industrial cultivation of marijuana distributed through big-box pharmacies; a last-minute amendment from Governor Snyder cemented the need for a federal rescheduling of marijuana to take place before cannabis can be cultivated and sold in this manner.

Governor Snyder signed the bill, SB 660, into law before the end of 2013. It is now called Public Act 268 of 2013.

Source: TheCompassionChronicles.Com

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About Author

"Rick Thompson was the Editor in Chief for the entire 2-year run of the Michigan Medical Marijuana Magazine, was the spokesman for the Michigan Association of Compassion Centers and is the current Editor and Lead Blogger for The Compassion Chronicles. Rick has addressed committees in both the House and Senate, has authored over 200 articles on marijuana and is a professional photographer." Rick Thompson Is An Author At The Compassion Chronicles and focuses on all things Michigan.

  • Uncle Arthur

    Thank you James for educating me. BTW I love Canada. I’ve been to Vancouver and Toronto. Beautiful people, beautiful country.

  • JamesKelso

    I agree Harper needs to go. At the time he was the relief from the Liberals with their hand in the cookie jar. He’ll be gone in the next election, I expect. So that leaves us with Justin or Mulclair. Whichever one it is. I hope they get a minority government.

  • Uncle Arthur

    *knew

  • Uncle Arthur

    What exactly are Canadians thinking when they keep putting Harper’s reactionary party in power again and again? I thought Canadians were more enlightened than that. Harper’s been PM for quite some time already. You’d think Canada would get tired of him. He’s not doing Canadians any favors by ramping up a Nixon like prohibition on marijuana, but I’m sure you already that. Oh well, far be it from me to tell Canadians who should run their country. I wish Canada the very best.

  • JamesKelso

    I know, that not all Americans are idiots. I do have a problem with allowing American companies into a “closed market”. If other Canadian companies were allowed to grow it and it was an open market, I’d welcome the competition.

  • drownedntears

    It all comes down to the $$$. And btw James, you can brag about your cannabis all you want, but there is great cannabis down here as well, and all over this beautiful planet. Anyone that smokes knows it’s all about the person growing it, and if they know what they are doing. Not all of us are idiots down here. Regardless of who won the contract, the most important thing here is knowing that patients will be getting good quality cannabis, regardless which side of the border the company is owed by.

  • JamesKelso

    Canada already grows some of the finest Marijuana on the planet. Why are we allowing American Companies into our market before it even takes off.? Harper is an American wannabe.