It has come to light that there have now been 24 applicants to grow the Charlotte’s web strain in Florida for children and adults who have a medical need for CBD. Many of these patients will be suffering from brain disorders such as dravet syndrome and other conditions which affect the brain. There were 6 applicants in Central Florida alone. Now, we all know that the state is going to award only 1 license to each of the 5 regions in Florida, so many will go home dejected and empty handed. I would also imagine that many of these players / applicants are putting in multiple applications in each region which is costing them a “boatload”.
So, here we have a new industry that is going to have 5 major players who have never grown marijuana, never processed marijuana and haven’t sold to a market that is not yet clearly defined. How many of you see a problem with this? Well, it is what it is right now and we will have to see how it all plays out but it unfortunately has disaster written all over it. There are thousands upon thousands of people who need this medicine and we will undoubtedly see shortages and quality issues right off the bat. I am also assuming, along with all the other restrictions, that these growers will have to staff professional horticulturist to assist which will cost more money. These added expenses will filter down to the end cost to the consumer…like always.
It seems that the patients are always the ones to suffer because those who would center their efforts on greed are rarely, if ever, concerned with the welfare of their clients. But here is the kicker….
Florida nurseries will not just be producing Charlotte’s web. No, they will be producing a currently non-FDA approved drug from GW Pharmaceuticals called Epidiolex. this drug has gone through a few trials and even though “they” say that the results are “promising” they have also admitted that the placebo group “positive” results stood to be higher than normal, but blamed this on the CBD hype
THE CBD HYPE?
If this was hype and there was no studies backing up CBD, then why has GW spend millions getting in on the market? Strange way of dismissing higher placebo rates I would say. They also go further to say that out of those in the trial a good portion of them experienced negative side effects including but not limited to:
– lack of appetite
CBD does not cause any of these issues. So, the question now becomes What type of medicine will the people of Florida be receiving? Will it be Charlotte’s web extract or will it be something from the people at GW? The people want real medicine, they are not interested in people monkeying around with what is already working for thousands of epilepsy patients. Grow the right stuff and provide it to the people who need it.
The ending question is this — with all the restrictions on the CBD market along with all the fees associated, how will the THC market look when Florida finally makes the leap into including all forms of marijuana? out of 7,000 nurseries registered in Florida, only 1% qualified to grow marijuana. With the estimated need growing at a rate of over 1000% when THC becomes law, how will nurseries be able to keep up? The answer? They wont. Period.
With only 5 nurseries that have spend millions getting things set up for CBD, how will they transition over and include THC. CBD plants grow differently and require more attention and different light and feeding schedules. Maybe they didn’t consider this, but they this fact will hit them like a brick wall when we all vote next November. Will they have to open up more nurseries? They will have to, but will the nurseries who spent all that money want to make another run at it, or will we need out of state investors to come bail us out? Well see, but it has disaster written all over it.