"Buzz on the Street" Show: Pasha Brands (CSE: CRFT) (OTC: CRFTF) Supply Agreement | Financial Buzz

“Buzz on the Street” Show: Pasha Brands (CSE: CRFT) (OTC: CRFTF) Supply Agreement

FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Corporate News Recap on “Pasha Brands Pens Supply Agreement with Canada’s First Licensed Outdoor Micro Cultivator, Tamara Follett.”

Pasha Brands Ltd. (CSE: CRFT) (OTC: CRFTF) (FSE: ZZD), North America’s premier craft cannabis brand house, is pleased to announce that its wholly owned subsidiary, BC Craft Supply Co. Ltd, has signed a supply agreement with Canada’s first licensed outdoor micro cultivator, Tamara Follett. 

Based in Vancouver, British Columbia, Pasha Brands is a vertically integrated organization that is firmly rooted in BC’s craft cannabis industry, which boasts an international reputation. With proven capabilities in cannabis cultivation, genetic research and development, product, processing, and retail, Pasha is uniquely positioned in the new legal cannabis market through its network of hundreds of craft cannabis suppliers under the Pasha umbrella.

Pasha’s subsidiary, BC Craft Supply Co. Ltd., is developing a craft cannabis campus, which is dedicated to bringing craft quality into the newly legal cannabis market in Canada. BC Craft Supply Co. Ltd. is driven to assist craft growers in obtaining security clearance and licensing to grow as micro-cultivators, specializing in education and compliance to bring growers into the regulated cannabis supply market.

Last year, Canada made international headlines after becoming just the second country, following Uruguay, to fully legalize cannabis for both medical and recreational purposes. However, despite legalizing cannabis, Canada still faces a multitude of legal barriers that have hindered consumers and businesses. For instance, many cultivators and retailers faced limitations such as curtailed operating hours and limited licensing agreements. However, many public officials and consumers have now begun to voice their concerns regarding the criminal justice system. Many regions that are moving towards cannabis legalization build a foundation of expunging previous cannabis criminal convictions. And following the legalization of cannabis in Canada, the federal government allowed convicted cannabis offenders to apply for a pardon. In 2016, it was reported that 58% of police-reported Controlled Drugs and Substances Act offenses were cannabis-related. Additionally, according to a piece of open-source information on Canada’s politicians, approximately 250,000 Canadians are eligible for a pardon. However, after a month of accepting pardon applications, the Canadian federal government has only approved 44 pardons out of the 71 applicants. And while the legal cannabis market is projected to accelerate, the concern over the justice system has only brought forth new questions. According to data compiled by Imarc Group, the North American legal cannabis market is expected to reach USD 35 Billion by 2023 from USD 8 Billion in 2017. Additionally, the market is expected to register a healthy CAGR of 28% throughout the forecast period. 

Along with Canada, other nations have based their cannabis legalization efforts on a foundation to expunge past criminal records. Notably, Mexico is moving towards legalizing cannabis as well, with a primary goal of ending the war on drugs and lowering criminal conviction rates. In particular, Mexico is a region that has been ravaged by the war on drugs, resulting in thousands upon thousands of deaths. Recently, Mexican Senator Julio Menchaca Salazar introduced a piece of legislation that would allow for legal possession, cultivation, and consumption of cannabis for personal use by adults. Similarly, Andrew Cuomo, Governor of New York, is also pushing for legalization to end the racial and ethnic disparities between the African American and Latino communities. Despite Cuomo’s active stance, his efforts have so far been unsuccessful in the state of New York. However, Cuomo did manage to decriminalize cannabis recently, making cannabis possession and use a violation, instead of a crime. Furthermore, the state of New York is also creating a process for individuals convicted of marijuana possession to have their records expunged. “Marijuana possession gives those convicted a criminal record that will follow them throughout their lives, potentially limiting their access to education, affecting their ability to obtain employment leading to a potential inability to provide for their families. The creation of a mechanism for expungement, both retroactively and forward-looking, is a step in the right direction in finally ending the heavy-handed war on drugs,” said New York Senator Jamaal T. Bailey.

For more information, please visit: Pasha Brands Ltd.

For more corporate news on Pasha Brands Ltd., check out the Buzz on the Street

About Buzz on the Street: One of FinancialBuzz.com’s latest corporate and financial news shows, covering the latest trending stock market news. Buzz on the Street looks to become a leader in corporate video news dissemination. Buzz on the Street is 100% original content, brought to you by Financial Buzz Media.

Sponsored Content Release. Click for Full Disclosure

2 Comments
  • Sponsored Content Release

    FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

    Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the ‘Site’) is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For pasha brands ltd. financial and corporate news dissemination, FinancialBuzz.com has been compensated five thousand dollars by the company. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com.