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Comments on: Q: What is the canopy limit for WSLCB licensing protocol? http://cannabisandsocialpolicy.org/q-what-is-the-canopy-limit-for-wslcb-licensing-protocol/ Academic, Policy and Industry Evolution Thu, 09 Oct 2014 04:35:30 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Scotty 5 http://cannabisandsocialpolicy.org/q-what-is-the-canopy-limit-for-wslcb-licensing-protocol/#comment-16910 Thu, 09 Oct 2014 04:35:30 +0000 http://cannabisandsocialpolicy.org/?p=1660#comment-16910 In reply to Steve W.

Steve W –

I’m interested to know why 10 to 12 million sq ft would put indoor operations out. Can you elaborate?

~Scotty 5~

]]> By: corvad http://cannabisandsocialpolicy.org/q-what-is-the-canopy-limit-for-wslcb-licensing-protocol/#comment-16753 Sat, 04 Oct 2014 20:59:28 +0000 http://cannabisandsocialpolicy.org/?p=1660#comment-16753 In reply to Steve W.

I agree that indoor operations are not long for this landscape, and that this is one factor. But wholesale prices for legal cannabis start to over lap with informal market prices at about $2500, and we won’t see that till next November at the earliest. Diversion is incredibly unlikely given the system’s tight oversight; and good growers can do fine all the way down to the low 1000’s which we won’t see for several years. Plus the “secondary” extraction market is going to eat up so much canopy space at an accelerating rate. Finally, there are 300 more retail stores to open up, and so much more production necessary to open them up much less keep them open that it seems incredibly far from the failure you describe. By then indoor operations will be gone for many other reasons.

I know people really want this thing to fail, but I’m here to tell you: it’s not going to. The question is going to be whose success will it be, and my hope is that it will be everyone’s instead of a few. For that to happen, more growers needs to succeed sooner.

Honestly I don’t think the WSLCB is going to pause till they get to 15 million approved; and then they’ll head right to 20 before really having to think about it.

]]> By: Steve W http://cannabisandsocialpolicy.org/q-what-is-the-canopy-limit-for-wslcb-licensing-protocol/#comment-16750 Sat, 04 Oct 2014 20:00:24 +0000 http://cannabisandsocialpolicy.org/?p=1660#comment-16750 If they have truly gone to a 10 to 12MM sq ft canopy they will put most indoor operations out of business. They are also setting the program up to fail the major requirement that the US Justice department set for the program as that many square feet will likely lead to major overproduction problems and thus diversion of unsold product. Major, major mistake to increase canopy too fast while the retail and edible market is so undeveloped.

]]> By: scott conway http://cannabisandsocialpolicy.org/q-what-is-the-canopy-limit-for-wslcb-licensing-protocol/#comment-16699 Fri, 03 Oct 2014 00:54:44 +0000 http://cannabisandsocialpolicy.org/?p=1660#comment-16699 2 million sq ft is 46 acres.

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