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Marijuana companies on hiring spree ahead of legalization

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  • Jan 17th, 2018 2:45 pm
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Dec 7, 2012
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Marijuana companies on hiring spree ahead of legalization

Canadian marijuana companies search for workers ahead of legalization
Positions offered in everything from growing and production to sales and marketing
By Gemma Karstens-Smith, The Canadian Press

from http://www.cbc.ca/news/canada/british-c ... -1.4487222
Canadian marijuana companies are on a hiring spree, looking to fill an array of roles as they gear up for the legalization of recreational cannabis later this year.

The workforce is booming, said Alison McMahon, who runs Cannabis At Work, a staffing agency focused on the burgeoning industry.

Right now, she's recruiting for positions in everything from growing and production to sales and marketing, all across the country.

Stigma may once have kept people from applying for work with a cannabis company, but those perceptions have shifted and people are now excited about the opportunities, McMahon said.

"I think that the people, at this point, who are looking at the industry and are excited really see the upside and the growth potential," she said. "More and more people are open to this topic, so it doesn't end up being that big of a deal."

Anyone got offered a job in this industry?
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Sep 23, 2009
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More like when the real world economy sucks people tend to not care how the company they work for makes money.

Can't afford to have a stigma towards something when the alternative is homelessness.

Why do you think there was a push for a Casino in Toronto in the past? If the economy is good, you don't have to live off of others addictions.
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Jul 1, 2017
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I'll say one thing - buy weed stock TODAY.

Lowest you'll see it in the next year; every weed company is manking bank and expect acquisitions to occur over the next 18 months. What is ~$5-$20 today will be well over $30-$100 then.

I only have about $20,000 invested; but I've made 500% on that since late November; I also have close friends with over $300k in weed from $20k pre-October 2017.
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Oct 6, 2015
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The whole "industry" could turn out to be a flop. Nearly everyone who wants to use drugs already does, and is supplied by sources that already employ their own labour. And existing supply chains already operate significantly tax-free, so they can lower their prices and drive out the "legal" competition.

Most of the companies are expecting to sell their marihuana at prices that actually exceed that of the illegal suppliers, ie: $10/gram. Completely unrealistic for a product that costs similar to produce as the herbs you can buy at the grocery store in the vegetables section.
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Mar 31, 2005
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burnt69 wrote: The whole "industry" could turn out to be a flop. Nearly everyone who wants to use drugs already does, and is supplied by sources that already employ their own labour. And existing supply chains already operate significantly tax-free, so they can lower their prices and drive out the "legal" competition.

Most of the companies are expecting to sell their marihuana at prices that actually exceed that of the illegal suppliers, ie: $10/gram. Completely unrealistic for a product that costs similar to produce as the herbs you can buy at the grocery store in the vegetables section.
1. Legal/illegal prices will be comparable. They both know they're competing against each other. Legal will be potentially higher (slightly) due to operational costs, variety of inventory, and in many cases, the "sales experience". It will also vary heavily depending on how much a person is legally allowed to grow themselves.

2. If you're really going all out, weed costs are much higher than most garden herbs for cultivation.

3. Many people buying legally will buy more varieties in smaller quantities, making it make more sense that they would get charged more (I.e. $10/gm, which is more than illegal in much of Canada). Try buying 5 different grams from your "guy" and see if his annoyance doesn't increase his price to you.
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Oct 6, 2015
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TotallyKiller wrote: 2. If you're really going all out, weed costs are much higher than most garden herbs for cultivation.
Only because of the bloated labour costs, bloated security costs, taxes, etc. Otherwise, weed is arguably cheaper to produce than the garden herbs by a significant margin.

Do you really think all the people who are working in the 'industry' right now are going to just dissappear into the night as the 'legal' industry takes over? :lol:
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Dec 27, 2009
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TotallyKiller wrote: 1. Legal/illegal prices will be comparable. They both know they're competing against each other. Legal will be potentially higher (slightly) due to operational costs, variety of inventory, and in many cases, the "sales experience". It will also vary heavily depending on how much a person is legally allowed to grow themselves.

2. If you're really going all out, weed costs are much higher than most garden herbs for cultivation.

3. Many people buying legally will buy more varieties in smaller quantities, making it make more sense that they would get charged more (I.e. $10/gm, which is more than illegal in much of Canada). Try buying 5 different grams from your "guy" and see if his annoyance doesn't increase his price to you.
Wow, is it really less than $10/gm these days? I was paying that $10/gm 30 years ago back in BC lol.
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Chickinvic wrote: Wow, is it really less than $10/gm these days? I was paying that $10/gm 30 years ago back in BC lol.
You bet. Closer to $7 in Alberta.
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Mar 15, 2005
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HelloWorld3 wrote: I'll say one thing - buy weed stock TODAY.

Lowest you'll see it in the next year; every weed company is manking bank and expect acquisitions to occur over the next 18 months. What is ~$5-$20 today will be well over $30-$100 then.

I only have about $20,000 invested; but I've made 500% on that since late November; I also have close friends with over $300k in weed from $20k pre-October 2017.
You have companies with valuations currently around $5-10Bln that have either insignificant revenue ($20M) or lose money.

This isn't a great sector to invest in if you like fundamentals, the speculation is worse than housing....
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Jul 1, 2017
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Ziggy007 wrote: You have companies with valuations currently around $5-10Bln that have either insignificant revenue ($20M) or lose money.

This isn't a great sector to invest in if you like fundamentals, the speculation is worse than housing....
No - it's not. Nothing compares to cryptocurrency.
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Oct 6, 2015
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TotallyKiller wrote: You bet. Closer to $7 in Alberta.
I've heard $150/ounce at 'retail' illicitly, so $5.35/gram. And the illicit dealers and producers are still incredibly profitable. Growing in rural sheds is a lot cheaper than the industrial-scale "secured" facilities with $150k/year pharmacists, botanists, etc. supervising the whole process.

So these fools that are running around thinking they're going to be able to sell their expensively produced weed at $10/gram might sucker a few kids into buying, but their costly investment might just otherwise go up in smoke.

Remember, large numbers of Canadians don't even get their legit pharmaceutical prescriptions filled because of cost.

Production costs will be driven down to levels similar to grocery store herbs of the non-medicinal type.

I'd regard any job in this sector as temporary at best.
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Jul 1, 2017
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burnt69 wrote: I've heard $150/ounce at 'retail' illicitly, so $5.35/gram. And the illicit dealers and producers are still incredibly profitable. Growing in rural sheds is a lot cheaper than the industrial-scale "secured" facilities with $150k/year pharmacists, botanists, etc. supervising the whole process.

So these fools that are running around thinking they're going to be able to sell their expensively produced weed at $10/gram might sucker a few kids into buying, but their costly investment might just otherwise go up in smoke.

Remember, large numbers of Canadians don't even get their legit pharmaceutical prescriptions filled because of cost.

Production costs will be driven down to levels similar to grocery store herbs of the non-medicinal type.

I'd regard any job in this sector as temporary at best.
You think the market is small? A lot of people don't want to be buying from dealers. Too many sketchy dealers trying to create competitive advantage by lacing their dope.

I quit smoking weed when I was in my early 20s because we found heroine laced in our dope - that was 10 years ago. I can't imagine what some dealers are putting in their weed. In this regard, legalization is a massive boost to safety; you also need to consider international sales - the market is not exclusive to Canada.
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Oct 6, 2015
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HelloWorld3 wrote: You think the market is small? A lot of people don't want to be buying from dealers. Too many sketchy dealers trying to create competitive advantage by lacing their dope.
That claim has been made, but where's the proof? The ability to adulterate marihuana is minimal because its a plant (and plants must grow), and adulterants cost money.
I quit smoking weed when I was in my early 20s because we found heroine laced in our dope - that was 10 years ago.
Heroin in marihuana? Do you know how silly the suggestion of that sounds? No dealer is going to waste expensive heroin on a mere weed smoker, and that would have to be some particularly unique process to actually combine the two substances.
I can't imagine what some dealers are putting in their weed. In this regard, legalization is a massive boost to safety; you also need to consider international sales - the market is not exclusive to Canada.
Weed is exactly that, a weed. It has no problem growing internationally. Boost to safety, lol.
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Jan 12, 2008
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Out of curiosity, which companies have you or your friends invested in?
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How come every weed store I see is pretty much empty? I dont know how they stay in business. Side note my friend was hired by Aurora a month ago. New company with mass hiring,

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