Danish Entrepreneur - Seeking advice!

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Hi everyone,

Sorry if this is the wrong place to post this... but I come seeking advice!

I am starting up in the Legal cannabis business here in Denmark, which right now is like the Wild Wild West, haha. As the industry is still in its infancy, everyone here is sort of.. “winging it” in preparation.

I have been granted a license to operate after a very long and arduous (and expensive) application and vetting process - thank god! I will be primarily importing my product from Canada as opposed to growing here

I am looking for some advice from anyone who has started in any part of the business and to perhaps connect with other entrepreneurs in the space.

Canada really is leading the way for the rest of the world in pursuit of legalisation, so thank you all.
Last edited by FrederickVI on Tue Feb 09, 2021 11:02 am, edited 1 time in total.

Re: Danish Entrepreneur - Seeking advice!

2
I admire your enthusiasm about Canada's legalization, but to be honest it's a total fiasco. It's only been a year, but the government introduced so many rules/laws to control how stuff is grown that millions of dollars of investment are required to even begin growing legally (for resale).

You said you'd be importing from Canada... I'm extremely surprised by this, as the legal system still cannot meet even close to the demand, people have turned away from the legal market and are dealing underground mostly.

I would make sure you are dealing with legal sources, I would be extremely surprised to see any Canadian LP having enough production to export.

In any case, I really hope your gov isn't following in ours footsteps, cause they are heading right for a cliff.

Re: Danish Entrepreneur - Seeking advice!

3
xsinx wrote: Sat Oct 05, 2019 4:13 pm I admire your enthusiasm about Canada's legalization, but to be honest it's a total fiasco. It's only been a year, but the government introduced so many rules/laws to control how stuff is grown that millions of dollars of investment are required to even begin growing legally (for resale).

You said you'd be importing from Canada... I'm extremely surprised by this, as the legal system still cannot meet even close to the demand, people have turned away from the legal market and are dealing underground mostly.

I would make sure you are dealing with legal sources, I would be extremely surprised to see any Canadian LP having enough production to export.

In any case, I really hope your gov isn't following in ours footsteps, cause they are heading right for a cliff.
Hi, thank you for your reply!

Wow. I won’t go too much into it but the level of bureaucratic bullsh*t I had to go through was unbelievable let alone the cost.

I was unaware of the supply issues in Canada, is this a nationwide thing, yes? And I assume you would put this down to government regulation also

Re: Danish Entrepreneur - Seeking advice!

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FrederickVI wrote: Sat Oct 05, 2019 5:44 pm
xsinx wrote: Sat Oct 05, 2019 4:13 pm I admire your enthusiasm about Canada's legalization, but to be honest it's a total fiasco. It's only been a year, but the government introduced so many rules/laws to control how stuff is grown that millions of dollars of investment are required to even begin growing legally (for resale).

You said you'd be importing from Canada... I'm extremely surprised by this, as the legal system still cannot meet even close to the demand, people have turned away from the legal market and are dealing underground mostly.

I would make sure you are dealing with legal sources, I would be extremely surprised to see any Canadian LP having enough production to export.

In any case, I really hope your gov isn't following in ours footsteps, cause they are heading right for a cliff.
Hi, thank you for your reply!

Wow. I won’t go too much into it but the level of bureaucratic bullsh*t I had to go through was unbelievable let alone the cost.

I was unaware of the supply issues in Canada, is this a nationwide thing, yes? And I assume you would put this down to government regulation also
The supply issue is only on the legal side - black market there is no shortage. Funnily enough the government charges much more than any of the sites here.

Re: Danish Entrepreneur - Seeking advice!

5
FrederickVI wrote: Sat Oct 05, 2019 5:44 pmHi, thank you for your reply!

Wow. I won’t go too much into it but the level of bureaucratic bullsh*t I had to go through was unbelievable let alone the cost.

I was unaware of the supply issues in Canada, is this a nationwide thing, yes? And I assume you would put this down to government regulation also
Let me go in more details. There's a few key problems:

1. They are so scared criminals are going to run things or stuff is gonna get stolen that the checks are insane, crazy regulations on security so a start up is millions of dollars. I assume this is pretty much what you've been through.

2. The government is in a moral paradox because it both wants to hurt/eliminate the black market and reduce usage because they still consider it a health issue. This resulted so far in very high prices because the gov put the health/safety first, but it makes the product much less appealing vs the black market.

Also tied to that, they put limits on possession to 30g, so they only sell up to that. No buying a pound to save. Cheapest OZ in Quebec (the province where the prices for legal weed are the lowest) is over 200$ and you can easily find 100$ OZ from the black market.

3. Speed drying, speed curing, resulting in tiny nugs/popcorn/shake. Long story short the government's weed is generally lower quality even compared to budget options from the black market.

4. The products in many cases are irradiated. There have been a few that got caught using banned products to treat their plants, some have been caught selling and buying from the black market.

5. There is also the fact they didn't have enough stock to handle the initial demand. I don't know about other provinces, but in Quebec we still haven't quite recuperated from that and only a few products are being stocked regularly. For weeks some of the shops had lineups. The website crashed also for a while during the first day.

I could go on, but currently about nothing they do is right.

Re: Danish Entrepreneur - Seeking advice!

6
xsinx wrote: Sun Oct 06, 2019 3:55 am
FrederickVI wrote: Sat Oct 05, 2019 5:44 pmHi, thank you for your reply!

Wow. I won’t go too much into it but the level of bureaucratic bullsh*t I had to go through was unbelievable let alone the cost.

I was unaware of the supply issues in Canada, is this a nationwide thing, yes? And I assume you would put this down to government regulation also
Let me go in more details. There's a few key problems:

1. They are so scared criminals are going to run things or stuff is gonna get stolen that the checks are insane, crazy regulations on security so a start up is millions of dollars. I assume this is pretty much what you've been through.

2. The government is in a moral paradox because it both wants to hurt/eliminate the black market and reduce usage because they still consider it a health issue. This resulted so far in very high prices because the gov put the health/safety first, but it makes the product much less appealing vs the black market.

Also tied to that, they put limits on possession to 30g, so they only sell up to that. No buying a pound to save. Cheapest OZ in Quebec (the province where the prices for legal weed are the lowest) is over 200$ and you can easily find 100$ OZ from the black market.

3. Speed drying, speed curing, resulting in tiny nugs/popcorn/shake. Long story short the government's weed is generally lower quality even compared to budget options from the black market.

4. The products in many cases are irradiated. There have been a few that got caught using banned products to treat their plants, some have been caught selling and buying from the black market.

5. There is also the fact they didn't have enough stock to handle the initial demand. I don't know about other provinces, but in Quebec we still haven't quite recuperated from that and only a few products are being stocked regularly. For weeks some of the shops had lineups. The website crashed also for a while during the first day.

I could go on, but currently about nothing they do is right.
+1

I'm happy to see that i'm not the only one to find the «legal» market nearly unprofessonial,
It seems that the problem here is the paradox between legalising it but still consider it as harmful as before
And the result, from what i.ve seen, is a cannabis «legal» industry build like the tabacco industry where only few industrials group can afford to pay license to produce, transform and commercialise (point 1,2)
And they do it to achieve business goals, not quality of product, not to resolve «health issues»
So they manage to produce the more pounds they can instead of investing in quality and long lasting value (point 3,4,5)

But i think the point of legalising it has to be to create job offers, education, and legal business possibities for everyone(prior to whoever has knowledge/relevant experience about it, as long as they (start to) respect laws)

This way you can turn most of the black market into legal market, give a chance to people who have got into troubles with justice (and have paid their debt to society for non violent crime related to cannabis) to be reintegrated into society, have business/school opportunities, or even do prevention..
Let the security force focus on real issues like crack, home violence, etc.. , and educate everyone about the W.

Sad thing to see the overdried and irradiated little nugs they sell.. :'(
(Knowing that i heard about some batch not matching the quantity of product, with people paying for 3,5g ending up having 2,9g when unboxing..)
:'(
cron