BC First Nation LP Wannabe

VIANARCHRIS

Well-Known Member
VANCOUVER - When Elaine Alec started door knocking in her First Nation community to ask families and respected elders if they would approve of an on-reserve medical marijuana grow-op, she braced herself for the worst.

"My first line was: 'So ... What do you think of medical marijuana?'" said Alec, a planning and community engagement specialist with the Penticton Indian Band in British Columbia's Interior.

"I was completely surprised that people would get a look of thought on their faces and were thinking about it. They would say, 'I think that's a good idea.'"

Now, the band's proposal to build a medical pot facility is moving forward with substantial community support as the First Nation looks at growing a cannabis strain that caters specifically to health conditions afflicting indigenous populations.

If members approve the plan, the band would become the first aboriginal producer to become federally licensed in Western Canada, paving the way for what its business partner hopes will become a cross-country model.

The band's development corporation signed a letter of intent to build the facility with cannabis producer Kaneh Bosm BioTechnology in September and held its first community information session last month.

Alec, who sits on Kaneh Bosm BioTechnology's advisory board, said the company is currently testing a marijuana strain in topical solutions, edibles and teas for certain diseases, she said.

"When you start looking at the differences between the current health of First Nations people in Canada and the current health of the general population in Canada, our diabetes, rheumatoid arthritis, chronic disease and auto-immune disease rates are higher," she said.

"The more people I've talked to, the more I've realized that there are a lot of community members using medical marijuana and they're actually travelling to places like Vancouver to get the oils and stuff."

Alec has arthritis and fibromyalgia, and said many First Nations people suffer with pain in silence, unable to afford high-quality prescription drugs.

"So we're given the generic, lesser-quality stuff that makes us sick instead of having access to the higher-end injection-type drugs that would actually help," she said.

"I've been in the hospital, I've been on morphine, I've been on prescription pills, gone into depression, been sick from some of the medication, so I know what it's like.

"What we're looking at is a strain that will help with inflammatory disease — specifically arthritis — with topical solutions and likely tablets."

The proposed $10 million production facility, to be rolled out in three phases, has big potential to create jobs and financial gain for the band of about 900, she said.

Kaneh Bosm BioTechnology president Michael Martinz said he first approached the band in August of this year, and found an ideal property for the planned 9,300-square-metre production space. The completed facility would be capable of producing up to seven tons of cannabis per year.

"Our corporate vision was always to have a facility in the Okanagan using greenhouses and the sun as our source of the plant's power," he said.

"It is our understanding, and that is also supported by the law firm that we just brought on to guide us through this process, that we are the first (licensed producer) to come forward with a joint venture between a First Nation and a corporation."

Martinz said the company plans to grow across the country and he has already been approached by other First Nations in Ontario, Alberta and B.C. expressing interest in similar projects.

He said he believes a First Nations model will give the company a "head start" in terms of a land base if commercial cannabis starts to pop up in Canada.

Penticton Indian Band Chief Jonathan Kruger said a majority members are on board with the plan so far, but the nation must still have a referendum before pursuing licensing through Health Canada.

There are concerns in the community around security and commercialization, and much more consultation and work ahead, but if all goes smoothly construction could start as soon as April 2015.

"I'm excited to see how far this goes and very proud of our community for taking bold steps," Kruger said.

"We plan to set the standard high and be very successful at what we do."
 

WHATFG

Well-Known Member
With respect, property is cheap when you team up eh? Not that $10 is chump change or anything...I thought thunderbird was fn as well....more snooping needed
I did find this when I googled Micheal Martinez and the biotech company name....mining company who couldn't mine is going to grow pot and already expanding across the country...phhht....whatever....just another wannabe who's now going to grow " exclusively" for fn people.....wtf....

Anexco Resources (C.AXO) plan: Retool, rebrand, focus on deliverables and excellence
Read more at http://www.stockhouse.com/news/newswire/2014/07/03/anexco-resources-c-axo-plan-retool-rebrand-focus-on-deliverables-and-excellence#eAegrsgvFp3rT5Tb.99


Tell a stranger you run a medical marijuana company and their reaction will likely be one of suspicion. Let’s face it; given the stigma around marijuana for the last century or so, there are still a lot of people out there that can’t see the medicine for the weeds.

Because of that, and because so many former mining companies are suddenly medical marijuana companies, genuine legitimacy is one of the most valuable assets any new millennium weedco can strive for.

That’s something a lot of newly minted firms are struggling with in the dot.bong era. Presenting a solid business plan is necessary, finding strong investors is necessary, building a strong management team is a must, and avoiding any associations with people who might screw up a security check is essential. Few companies come out of the gate with their dream team in place, fewer still know what their business plan will be from the get-go. The sector is in constant flux.

Anexco Resources is a company that has seen that flux up close, and worked hard to push through it. They’ve had insider buyouts, branding changes, business concept reworks, and there’s a new name and ticker on the way – and that’s just in the last few months.

The tumult shouldn’t be seen as a sign of weakness, however – rather, it’s the natural course when a management team finds itself in a new sector that’s changing every day, with opportunities emerging and rules being rewritten on the fly. ‘Staying the course’ may be considered an asset in mining, but in a brand new sector with rules still being written, stasis is tantamount to suicide.

Every medical marijuana company is facing these changing tradewinds. Few are equipped to tack quickly and keep the sails full.


CLEAN-UP, AISLE 5:

Anexco Resources (CSE:C.AXO, Stock Forum) was, pretty recently, talking up a strategy to brand marijuana and marijuana-related products with the ‘BC Chronic’ logo, the thinking being that, internationally, British Columbia bud was seen as some of the more potent and high quality around and that a logo that reflected that would bring big sales.

Personally, though I like the potential of branding plays and think it’s a real untapped area of the sector, I didn’t really like the BC Chronic brand. It was too ‘dope’ focused, too provincial, too hip-hop, not professional enough for users over 25, and the plan as it was laid out early on was to keep the brand in-house, rather than license it to others as a mark of quality.

Anexco’s directors, at the time, had their own doubts over the plan. Though BC Chronic was what they had come out of the gate with, and conventional wisdom might have been to just push forward until necessity forced a change, the feeling was it would be best to take a step back, retool, adjust for the new market, and come out of the process stronger.

This is the ‘dare to be great’ moment for a public company. You can hide many problems and keep raising money until you hit a wall, or you can clean up your game, sharpen your tools, and surge forward with confidence that you’re going to bring it home for shareholders down the line.

I checked in with Anexco last week to find them neck deep in their dare to be great process. The BC Chronic brand, which was the platinum sponsor of the Vancouver GreenRush conference just a handful of weeks ago, is gone. Shortly, so too will be the Anexco name.


THE RE-EMERGENCE:

Anexco Resources is set to formally change its business from resource exploration to Cannabis cultivation and marketing, and the company’s wholly owned operating subsidiary for the new venture is to be called Kaneh Bosm BioTechnology, Inc., a name based on the ancient Hebrew word for cannabis, as identified in the Old Testament.

The strategy is no longer to cover the world in BC Chronic stickers, but rather to be a focused, efficient, premium quality cannabis grower.

And they want you to know that, which is why they invited me to talk to company President Michael Martinz about the plan going forward, with a mandate to dig as deep as I wanted and present what I found.

To be clear, the company has paid my employers, Stockhouse Publishing, for placement of this article on our distribution network. I haven’t been paid by Anexco to write it, don’t own stock in it, and I’m not shorting it or any competitor of it.

But it was a tough one to make happen because, as regular readers know, I like to make the companies I write about earn their good press, and that’s not always a comfortable process for a company in flux. To me, talking about the rough seas you’ve pushed through is mandatory. Showing your warts is essential. An investor is going to dig them up anyway, and if you’re not prepared to say ‘yep, that happened, but here’s how we fixed it,’ it tells the investor there’s something to hide, even if that’s not necessarily the case.

Anexco is a company that has not taken the easy route to production. It hasn’t been smooth sailing. There have been issues that needed addressing and, to their credit, they addressed them before I came along.

But they didn’t exactly want to put those issues in flashing neon. So part of the process of putting this piece together has involved our working with the company in an effort to show them that it’s okay to open the kimono.

Company reps saw my story during the fact-checking process and wanted to change things. Not important things – some legal stuff, some fact-checking detail - that’s all fine and a necessary part of the process of getting a good story together. But there were suggestions, as there always are when money’s on the line, that it would be great to talk about the future and not the past so much.

I get it. But I don’t do that.

It took some time. We did some team building exercises, some trust falls, we went on a vision quest and ate peyote in the desert, did a little fire-walking, some Tony Robbins tapes - and, eventually, journalist and management got to a mutually understood place – a place where I felt comfortable putting my name to their story, and they felt comfortable dropping trou.

So let’s make it rain legitimacy. This is the Anexco/Kaneh Bosm story.

Read more at http://www.stockhouse.com/news/newswire/2014/07/03/anexco-resources-c-axo-plan-retool-rebrand-focus-on-deliverables-and-excellence#eAegrsgvFp3rT5Tb.99
 

gb123

Well-Known Member
I've been bugging my buddies on Parry Island to start a shop for ever.



Come on Russel.. get on it! ;)
 

WHATFG

Well-Known Member
No it's fucking northwestel and their fuckin monopoly on Internet service.....slower than molasses...it's cloudy who really knows....
 

VIANARCHRIS

Well-Known Member
No it's fucking northwestel and their fuckin monopoly on Internet service.....slower than molasses...it's cloudy who really knows....
depending on your data usage...check out 'xplornet.com'. Expensive, but it's that or dial-up here
 

bigmanc

Well-Known Member
Good for this first nations group, if anyone in this country gets shit on by the government its them. They deserve the opportunity of wealth for once.
 

bigmanc

Well-Known Member
Su
There's no denying that. But let's not forget that wealth would still be made off of the sick like any other LP
Sure but weather we like it or not hundreds/thousands everyday are ordering from LPs...id rather it be the first nations getting on there feet then investors getting richer
 

The Hippy

Well-Known Member
Well I'd hope they would handle it better than the first nation cigarettes they make. They are everywhere including all the teenage smokers hands as well. Nice n cheap...makes it easy and accessible to start. Do they care??
They sell them to anyone with cash...not much effort to stop this.
 

CannaReview

Well-Known Member
LOL BC Chronic talk about first failure. If these guy's used the cash wisely to grow for two years to get the production flow and costs down they wouldn't fail but of course that requires long term outlook/business plans and that doesn't work with pump and dump.

What they should have been doing is getting their own layers to help out the Conroy's and work with the gov for a proper transition from MMAR to MMPR where the med users who had PPL's would be allowed to grow (with some plant/area restrictions) while these companies their their trial runs to learn how to grow cannabis in a large commercial food/medical grade scale. Instead these leeches thought that hiring MMAR abusers as master growers would get them super cannabis and they could sell it at premium prices. Fail ..... WTF is a guy who grew in a barn/ware house with out worrying about pesticide over use know about proper food/medical green house protocols lol
 
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gb123

Well-Known Member
anyone who would go the way of becoming an LP in the hopes of making it rich..THINKING the whole time they have it made because they were an illegal grower prior to this ??
You've been made alright !!!!:lol:
 

VIANARCHRIS

Well-Known Member
I maintain what they (LP's) should be trying to fix is the sterile/ pharmaceutical requirements for growing plants.As far as I know, no one has ever died from backyard or basement weed. There are some with compromised immune systems that may need such precautions, but the vast majority of patients get relief from cannabis whether or not it has been laboratory tested. Removing the roadblocks, time and expense of trying to grow nature in a laboratory would allow producers to ensure a steady supply of medicine at an affordable price. Get HC the fuck out of the way.
 

Gmack420

Well-Known Member
I maintain what they (LP's) should be trying to fix is the sterile/ pharmaceutical requirements for growing plants.As far as I know, no one has ever died from backyard or basement weed. There are some with compromised immune systems that may need such precautions, but the vast majority of patients get relief from cannabis whether or not it has been laboratory tested. Removing the roadblocks, time and expense of trying to grow nature in a laboratory would allow producers to ensure a steady supply of medicine at an affordable price. Get HC the fuck out of the way.
Opium is grown outdoors by the field full. Then harvested and refined into medicine. To much to ask that pot be treated the same
 
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