Craft Cannabis Farms In Canada Call For Help While On The Brink of Collapse

Small and Medium sized cannabis businesses in Canada are in an “unprecedented financial crisis raging in the legal cannabis sector,” and at risk of collapse. This would leave only the largest operators, and the Canadian governemnt, in control of the entire cannabis market within Canada. A group of 45 small and medium sized cultivators and processors have asked their government for help. And joining them is the Cannabis Council of Canada, and the Canadian Chamber of Commerce. They have issued a short-form working paper statement which requests the immediate need for Government intervention to save "failing small businesses" in the Canadian cannabis market. Part of their statement read, “… without immediate action, the participation of small businesses in the future of legal Canadian cannabis is materially at risk.” They pointed out that approximately 98% of all small and medium sized cultivation and processing businesses in Canada’s cannabis industry are not able to earn enough income to break even, due to the incredible tax and administrative burdens on them. The coalition is recommending emergency intervention planning with a roundtable group which would include the relevant Canadian agencies.