Auxly Cannabis – The Clear Cut Way To Play Canadian Cannabis 2.0
The legalization of cannabis derivative products in late 2019 by Health Canada is proving to be a major value drive for companies that are levered to the burgeoning vertical and is a trend that we are bullish on. Many brokerage firms and research analysts refer to this era of the industry as cannabis 2.0 and […]
The legalization of cannabis derivative products in late 2019 by Health Canada is proving to be a major value drive for companies that are levered to the burgeoning vertical and is a trend that we are bullish on.
Many brokerage firms and research analysts refer to this era of the industry as cannabis 2.0 and we consider this vertical to be one of the most exciting aspects of the Canadian cannabis industry.
One of the biggest surprise winners of the Canadian cannabis 2.0 market has been Auxly Cannabis Group Inc. (TSX.V – XLY) (CBWTF), a leading consumer packaged goods (CPG) company in the cannabis products market.
Last week, Auxly reported a major milestone and announced that it had the largest market share of cannabis 2.0 products in 2020. The data was confirmed by Headset Canadian Insights data which is considered to be a leading data aggregator for the legal cannabis industry. We consider this to be a major achievement for Auxly and is a development that captured our attention.
According to Headset Canadian Insights, Auxly had a 19.2% share of the total vape market and a 12% share of the total edibles market. These two market segments were significant enough for Auxly to capture the largest amount of market share and we expect the company to launch new cannabis 2.0 products this year.
The performance of Auxly’s vape products in 2020 was impressive and was the best performing segment of the business. According to Headset Canadian Insights, Auxly had 23% of the national vape market share in the fourth quarter and we will monitor how the trend continues in future quarters.
With these results, Auxly has proven its ability to execute on the cannabis 2.0 market as well as its dedication to selling premium differentiated and innovative cannabis products. Going forward, we expect the cannabis 2.0 market to serve as a major revenue generator for the entire business and will be closely monitoring this aspect of the operation.
One of the developments that helped Auxly achieve this milestone is related to the completion of the second-floor expansion at its Dosecann facility. The completion of the expansion made it so the company could significantly increase production, fulfillment rates, and the sale of cannabis products.
In 2020, Auxly introduced several new cannabis products to the market with the launch of the Back Forty brand, Foray Hard Maple Caramels, Dosecann Capsules, Kolab Project Cherry Cola Pop milk chocolates and Kolab Project 232 Series live terpene vape cartridges. Going forward, we expect the company to bring additional 2.0 products to market and will monitor how the product line continues to gain traction.
We believe that Auxly is an opportunity that has been flying under the radar. We attributed the muted response to how the company used to operate but believe that the business could be turning a quarter. If Auxly is able to build off this momentum, we expect to see more interest in the opportunity and we will continue to closey follow the story.
If you are interested in learning more about Auxly Cannabis Group, please send an email to firstname.lastname@example.org with the subject “Auxly Cannabis Group” to be added to our distribution list.
Michael Berger is Managing Partner of StoneBridge Partners LLC. SBP continues to drive market awareness for leading firms in the cannabis industry throughout the U.S. and abroad.
Last month New Jersey made history by signing three bills into law, finally regulating the use of recreational marijuana in the State, and becoming one of the 14 states to legalize the recreational use of cannabis for adults 21 and older.
Right now it’s not possible to buy recreational cannabis anywhere in New Jersey, however, experts say it will be at least six months before the first legal cannabis sale will take place in New Jersey.
So, now it’s the perfect time to start preparing for the endeavor. Take into consideration that the licensing application can be tricky and confusing, that’s why you should always contact a professional to help you with your application.
What is a New Jersey Cannabis Manufacturer License
A Class 2 Cannabis Manufacturer License is a legal document that allows its owner to process cannabis items in the State of New Jersey by purchasing or otherwise obtaining usable cannabis, manufacturing, preparing, and packaging cannabis items, and selling, and optionally transporting, these items to other cannabis manufacturers, cannabis wholesalers, or cannabis retailers, but not to consumers.
A cannabis Manufacturer License shall be issued by the Cannabis Regulatory Commission (CRC) for the premises at which the cannabis is going to be manufactured.
How to apply for New Jersey Cannabis Manufacturer License
In order to apply for a Class 2 Cannabis Manufacturer License, the applicant must:
Apply for a license in the manner described in the latest legislation and the CRC;
Have at least one significantly involved person who has resided in this State for at least two years as of the date of the application, and provide proof that this person and any other person with financial interest who also has decision making authority for the cannabis manufacturer listed on an application submitted under the legislation is 21 years of age or older;
Meet the requirements of any rule or regulation adopted by the CRC;
Provide for each of the following persons to undergo a criminal history record background check: any owner, other than an owner who holds less than a five percent investment interest in the cannabis manufacturer or who is a member of a group that holds less than 20 percent investment interest in the cannabis cultivator and no member of that group holds more than a five percent interest in the total group investment, and who lacks the authority to make controlling decisions regarding the cannabis cultivator’s operations; any director; any officer; and any employee.
According to the legislation, the CRC has to adopt rules and regulations that:
Provide for the annual renewal of the Class 2 Cannabis Manufacturer license;
Establish application, licensure, and renewal of licensure fees for cannabis manufacturers;
Require cannabis items manufactured by cannabis manufactures to be tested;
Require a cannabis manufacturer to meet any public health and safety standards, industry best practices, and all applicable regulations established by the commission related to the manufacturing of cannabisitems;
In relation to the fees, the legislation requires that they comply with the following:
They shall be in the form of a schedule that imposes a greater fee for premises with more square footage; and
Shall be deposited in the “Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Fund”
A person who has been issued a license or conditional license shall display the license or conditional license at the premises at all times when cannabis items are being manufactured.
New Jersey Cannabis Manufacturer License Restrictions
For a period of 24 months after the effective date of the legislation it is unlawful for any owner, part owner, stockholder, officer, or director of any corporation, or any other person engaged in any retailing of any cannabis items to engage in the manufacturing of any cannabis items or to own either whole or in part, or to be a shareholder, officer or director of a corporation or association, directly or indirectly, interested in any cannabis manufacturer.
This basically means that, if you own a cannabis dispensary in New Jersey, you won’t be able to have a controlling interest in any cannabis manufacturing operation.
During the first 24 months, the holder of a Class 2 Cannabis Manufacturer License may hold one other license to operate another cannabis establishment, but it can’t be a Class 3 Cannabis Wholesaler License or a Class 5 Cannabis Retailer License.
Following that 24 month period, a cannabis license holder shall be authorized to hold a Class 1 Cannabis Cultivator License, a Class 2 Cannabis Manufacturer license, a Class 5 Cannabis Retailer license, and a Class 6 Cannabis Delivery license concurrently, provided that no license holder shall be authorized to concurrently hold more than one license of each class, except for an alternative treatment center that was deemed, during the 24 month period, to have an additional Class 5 Cannabis Retailer license for each satellite dispensary that was authorized and established by the alternative treatment center pursuant to the latest legislation These additional retailer licenses only permit the retail operation of each satellite dispensary, and shall not be replaced by any other class of cannabis establishment distributor, or delivery service license.
If you need more information about the licensing process, it is recommended that you contact an expert in the field so that you can get the necessary guidance in your endeavor.
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Schitt’s Creek Recipes With Weed If you haven’t had the chance to watch the award-winning, Canadian TV series you may want to reserve the couch for the next few weeks! Today, we’re taking inspiration from the show and creating Schitt’s Creek Recipes With Weed! Without wrecking it for those who haven’t seen it, there is […]
If you haven’t had the chance to watch the award-winning, Canadian TV series you may want to reserve the couch for the next few weeks! Today, we’re taking inspiration from the show and creating Schitt’s Creek Recipes With Weed!
Without wrecking it for those who haven’t seen it, there is one scene that had me doubling over in laughter! It has to do with cooking, so this blog is very appropriate.
We promise you won’t have to ‘fold in the cheese’ for our tasty cannabis enchiladas recipe below!
If it’s too thick, add more milk or water and if it’s too thin, add a few ice cubes until it’s the desired consistency.
Serve & Enjoy!
Moira, played by actress Catherine O’Hara, is far from domesticated – to say the least.
Coming from a ton of money, she is totally out of her element when it comes to cooking or being a Mother for that fact.
She decides, however, that she needs to create her aunt’s famous enchiladas recipe for a family dinner to restore her role as a good Mother, and at the same time commissions David, her son, to help.
David Rose, played by actor Dan Levy, has some mad skills, but absolutely NONE in the kitchen!
The two of them together are basically a hot mess and who knows if the family dinner turned out or not, but what we do know how to make is weed-infused enchiladas that work!
Prep Time: 15minutes
Cook Time: 15minutes
Course: Main Course
Keyword: (Cannabutter), enchiladas
Author: Steph Van De Ven
Oven-safe casserole dish
1cup shredded chicken
1cupenchilada sauce divided
1cupgrated cheeseany kind you like
5tortillaswhole wheat or any kind you like
Assembling The Tortillas
Mix the chicken, half of the enchilada sauce, and half of the cheese blend in a bowl.
Wrap the tortillas in a paper towel and microwave for 30 seconds.
Preheat oven to 350°F
Place the chicken on the tortilla and roll tightly.
Place the enchiladas in a baking pan and top with the remaining cheese and sauce
Bake for 15 minutes, or until cheese has melted.
Top with sour cream and cilantro.
As the series continues on, a re-branding and refreshing of the Budd Motel are in serious order.
Johnny, played by actor Eugene Levy decides that they need to offer something ‘more’.
His decision to source and offer cinnamon buns doesn’t exactly turn out the way he thought they would, but we bet if he offered cinnamon buns with weed, he’d have bookings at the motel for a year in advance!
1/2tspvanilla extractfresh,pure organic if possible
Using warm Cannabis Milk, and add it to your mixing bowl. Using your electric mixer slowly sprinkle yeast on top. You’ll know your yeast has activated if it begins to foam after a few minutes. If it hasn’t, then start over; your cannabis milk was either too hot or too cold.
Once you see foam, add in sugar, egg, egg yolk and cannabis butter. Mix,mix,mix! Next, stir in flour and salt with a wooden spoon until a dough begins to form.
Use your dough hook or hands. If using your electric mixer, knead the dough on medium speed for about 8 minutes. Alternatively, use your hands to knead the dough for 8-10 minutes on a well-floured surface. The dough should feel slightly sticky and form a nice ball. Next step!
Transfer dough to your bowl, ( some bakers use a little oil here, spread it all over the bowl, an dplacedough inside. Your call, but it helps. Then, cover with plastic wrap and a warm towel. Allow dough to rise for 1 hour, or until doubled in size.
After dough has doubled in size, transfer the dough to a well-floured surface and roll out into a 14×9 inch rectangle. Spread your Cannabis butter over dough, evenly, leaving a ¼ inch at the far side of the dough. ( the side furthest away from you)
In a small bowl, mix together the brown sugar and cinnamon. Use your hands to sprinkle mixture over the buttered dough evenly. It will stick perfectly!
Roll up your dough tightly, (for beginners: like you’re rolling up a bath towel) starting from the 9 inch side. Be sure to seal the edges of the dough.
Cut into 1 inch sections with a serrated knife. You should get about 9 large pieces.
Place cinnamon rolls in a parchment paper-lined 9×9 inch baking pan or round 9 inch cake pan. Cover with plastic wrap and a warm towel and let rise again for 30 minutes.
Preheat oven to 350 degrees F. Remove plastic wrap and towel and bake cinnamon rolls for 20-25 minutes or until just slightly golden brown on the edges. It sounds weird, but you want to underbake them a little so they stay soft in the middle. Let them cool for 5-7 minutes before frosting. Seriously! You have to wait before you frost.
Frosting (do this while rolls are baking in oven)
Using your electric mixer, combine cream cheese, cannabis butter, powdered sugar and vanilla extract. Beat it until it’s smooth and fluffy. Spread over top of your baked cinnamon rolls (after waiting the horrible 5-7 minutes to let them cool down!)
Here are some other things we bet Moira & David would be able to make a little easier.
Follow our fun and step-by-step recipes below to make weed edibles everyone will love.
Prep Time: 45minutes
Cook Time: 2hours30minutes
Total Time: 45minutes
Keyword: (Cannabutter), Butter, Cannabis
Author: Steph Van De Ven
1/4 to 1/2Ounce Cannabis
Decarboxylate your weed by spreading your cannabis evenly on an oven tray And coat with aluminum foil.
Place in the oven on 240F/115C for 25 till 45 minutes, and then let it cool.
Grind your dry cannabis or chop it till fine.
Place the cannabis in a strong mason jar, add butter and (1 tsp of sunflower lecithin)(optional)
Place your closed jar in cold water and let it come to a boil, Boil for 2 to 3 hours.
Strain your butter through a cheesecloth.
Now you can use the Cannabis Butter (Cannabutter)
If using a mason jar, be sure to start with cold water. Furthermore, it is imperative to let the water cool gradually so that your glass will not shatter. The video guide might be slightly different than the blog recipe. The blog recipe is the most updated and accurate.
Central to the efficacy of CBD for pain or inflammation relief is the dosage that you use. Unlike a standard pain relieving or anti-inflammatory medication, where the dosage is clearly spelled out on the back label, using CBD can be much more tricky.
Truthfully, it is hard to prescribe a “one size fits all” for CBD dosing. General CBD dosing guidelines state that it is best to start small (i.e. 5mg) and make note of how it affects your body. If you do not find it is sufficient, then you can begin to gradually up the dosage.
If you are using an edible gummy, measuring 5mg will be easy. However, if you are using CBD oil for IBS, it can be a bit more complicated to measure out 5mg. You can use this as a guideline: most CBD oil bottles will come with a dropper that can hold 1 ml of liquid. If your CBD bottle contains 500 mg of CBD, for example, then you can estimate that there are 0.05 mg of CBD per drop. This number, of course, will vary depending on the amount of CBD that is in your particular bottle, but you can base your dosage off of this mathematical formula.
There are other factors that will affect what is the correct CBD dosage for you, such as your age, weight, and even your body chemistry, which can be a rather abstract thing to measure. This means that discovering the correct dosage for you really comes down to a matter of trial and error.