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Vol. 64, Issue 206
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Investment in Canadian pot industry likely to increase ARNE PETRYSHEN
The new Liberal government could mean an increase in U.S. investment in the pot industry here in Canada. Already
investors are looking at the medical marijuana field due to the top down approach that Canada is taking federally. That is in contrast
with the U.S. where the individual states are leading the charge. Carmen Wannop, from Dycar Pharmaceuticals Ltd, confirmed
there is interest stateside in the industry. She and Dylen Wannop, the CEO of Dycar, are going to a conference in November in
Silicon Valley for exactly that reason. She added it was planned prior to the federal election. “We’ve been planning on attending that
seminar since July or August, somewhere in there,” she said. She said one of the things she said it comes down to is that it is the
we’re really short of these days, and it’s expensive too to go out and buy that stuff.” Sometimes there is some dairy that comes in. On Monday there were a number of milk jugs that came in, along with quite a few pizzas.
federal government that is licensing the medical marijuana, rather than the individual provinces. In the U.S., marijuana is still an illegal substance federally . “It’s more lucrative for a U.S. investor to invest in Canada,” she said. “Down in the states, because it is the individual states licensing it, not the federal government, the DEA can still walk in and if they find just cause, shut the place down, even though the state has licensed it, because it is against federal law.” She noted that in Canada it is the opposite, which makes for a safer investment. Wannop also touched on the application process that Dycar is currently in the midst of for the Cranbrok facility. She said they have had some interaction with Health Canada, which is in charge of issuing the licences. “We are now in the back and forth stage with Health Canada, so based on their steps, we have advanced, which is a good thing,” Wannop said. “They asked us to clarify the stuff that was in our application and we had the deadline of until mid-September to get that in, which we did. So far we haven’t heard anything else back, so that should be a good thing.” She also said that Dycar is moving forward with getting some new investors in so that they can purchase the building and begin renovations. “Ours has always been a matter of when, not if,” she said. Rather than wait for their inspection date to come forward, they plan on starting that ahead of time.
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ARNE PETRYSHEN PHOTO
The food bank is looking for a few more volunteers to help out on the team. From left to right, back row: Don Doyle, Gerry Oviatt, Paul Schroeder and Sean Cloarec; Centre row: Ron Cavers, Beth Lenz, Tracie Rallison and Bonnie Mass; Front row: Elaine Edwards and Brian Badesso.
Food bank looking for volunteers A R N E P E T RYS H E N
The Cranbrook Food Bank is looking for volunteers, especially with the busy upcoming holiday season on the way. “In December we get really busy with the hampers and then the turkeys,”Gerry Oviatt, manager of the Cranbrook Food Bank, said.
“We’re kind of running a little short on volunteers there days, especially Wednesdays and Fridays,” Oviatt said. He said one of the key departments they are missing volunteers is for driving the van around town to various locations to pick up donations. The drivers always
have a helper that accompanies them as well. Those places include all the grocery stores, Tim Hortons and Little Caesar’s Pizza. “The bigger stores have a lot of produce and bakery stuff like bread and some desserts, that we get the next day,” he said.
The food bank purchases some staple foods, like potatoes and carrots, but Oviatt said they have been avoiding buying dairy because it is so expensive and perishable. “When Target was here we used to get a ton of dairy products, because they weren’t selling a lot of stuff,” he said. “That’s the thing