Makes the
First Move
What Exactly Is Plant Propagation?
Propagation can be a natural plant process but is quite often carried out artificially for commercial industry purposes to aid in crop turnover and profit margin expansion. In simple terms, it is the growing of plants from either seeds or pieces of mature specimens, and it is commonly used commercially for growing vegetables such as cucumbers, peppers, and tomatoes.
When carried out for the production of cannabis plants, the process allows cannabis to be cloned in a well-controlled, cost effective setting. In short, for our purposes here, propagation is a process by which growers can perfectly reproduce preferred cannabis strains, and then sell flower ready plants to interested cultivators.
Why Does Canada Need Cannabis Plant Propagation?
Two things are going to happen when recreational cannabis becomes available to Canadian consumers this October. First, the demand for cannabis is going to go up significantly. Growers will need to produce at levels yet unseen in the northern market. Second, the pricing of cannabis is going to become
much more competitive. Fortunately for PUF (CSE: PUF) (Frankfurt: PU3) (OTCPK: PUFXF) , and for future consumers, the propagation project set to move forward in Delta is going to help solve the problems associated with each of these developments.
Ramping Up Production
Estimates for just how much cannabis the Canadian market will demand in the coming years differ widely from source to source, but the majority of commentators seem to put the demand at around 1,000 metric tons per year. To put that number in perspective, that’s the equivalent mass of approximately 370 African Forest Elephants. Unfortunately for those wishing to partake in the coming new Canadian pastime, licensed producers in Canada were only able to grow about 388 metric tons over the last four quarters. That is an incredibly large potential gap to fill in just a few short months.
What is fortunate for licensed producers is that vegetative propagation is fast. It depends on which grower you ask, but in general it’s believed to cut about a month off the beginning of a cannabis plant’s life cycle and about a month off of the end of the growing cycle. That’s very good news for growers that are desperate to meet such an proliferative demand in such a short amount of time.
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