HEALTH CANADA LICENSED STANDARD PROCESSOR

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Joint Venture Craft Cannabis

EVERYTHING YOU NEED TO KNOW ABOUT

Co-Packing

If you’re interesting in brining your strain to the market, and are curious about the best way to get there, DON’T WAIT! Drop us a line and let us know how we can help.

Co-Packing Cannabis at Joint Venture

The Process

The process varies from product to product. For the example below, let’s assume the product will be 3.5 grams of cannabis packaged into a Nitro Tin. 

Lead Up

During the initial phase we mutually explore the opportunity of packaging and marketing your Craft Cannabis. We want to know what strain(s) you have available, what your projected volume will be, how much you would like to sell your cannabis for etc etc. You set the price. We will provide you market data and advice but ultimately you decide what your product’s MSRP will be. You will want to know all about the process, the payment logistics and terms and how the supply chain works. If we agree that we would like to work together, we would submit your product notification to Health Canada (this comes with a 60 day waiting period mandated by Health Canada). Once your product is registered with HC we will then proceed with registration of your SKU(s) to product catalogues and contacting the provincial distributors to find a market for your products. At this time we will present a contract that allows us first opportunity to package, market, and sell your product. We will build a sales pipeline and invest time and effort and therefore we need to be sure that we will have the opportunity to purchase from you. That being said, you have the right to accept a better offer, so it keeps us incentivized to do our best at marketing and distributing your Craft Cannabis. 

Product

As your upcoming harvest approaches, we look for 2 weeks lead time/notice before harvest so that we can estimate when we will have your Craft Cannabis available for sale. Taking into account, trimming, drying, bulk packaging, transport (to our facility) and then processing, we can then offer a timeline to our distribution network.


With an estimated timeline and volume, we can then communicate with our network to generate interest and purchase orders. When a purchase order is submitted to us by a wholesaler, we will then contact you and begin the process of getting your Craft Cannabis packaged for sale.

COA
Each batch of Craft Cannabis received by Joint Venture Craft Cannabis must be accompanied by a Certificate Of Analysis (COA). Any incoming batch must be approved by our QAP – this included licenses, COA’s etc. Please do not ship cannabis unless you have been instructed to do so as your shipment may be rejected.
 
Please send a sample for Cannabinoid, Terpene & Moisture Analysis – we will review these results and will then request that you send a further sample for testing to MB Labs for  test #: 1, 2, 4, 5, and 6 once we have approved your batch for purchase.
 
For the THC test, we suggest A&L Canada, Phytochemia or High North. Growers should note that each lab will charge a fee for this service. Check with the lab for information about their processes. Please ensure that we receive a copy of the result at info@jointventurecraftcannabis.com.
 
Please ensure that you take the two samples (Cannabinoid and MB Labs HC Screen) at the same time from the same batch (selected randomly). You may ship the two samples at the same time to shorten the processing time but we do realize not everyone wants to use MB labs if not required (ie if we are not able to purchase your batch).
 
Joint Venture Craft Cannabis will combine the results of the MB Lab testing with the results from the Cannabinoid, Terpene, and Moisture results. 
 
Please note that any batch you send us will require us to take 2 retention samples (25g each). We recommend that you also retain an equal amount of retention samples for your library.
Order Fulfillment

We package using Nitro Tin a Health Canada compliant packaging with certified Child Resistant lids.

We chose Nitro Tins for the following reasons:

  • Nitrogen injection ensures that the craft cannabis we package reaches the end consumer in the same condition it was packaged. This is an important consideration as the legal system does not move product at the same speed the black market does!
  • Almost no oxygen is present inside a NitroTin, therefore we don’t fear oxidation. This allows for cannabis that is properly dried, but not it does not need to be “over-dried” to last. Other packaging methods require very dry product so that no mold growth can occur during the extended shelf life requirements of legal cannabis.
  • By using a hard shell container, NitroTin does not put your Craft Cannabis at risk of being crushed during shipping. In addition, no outer packaging is required, meaning that materials are kept to a minimum while being recyclable.
Payment

The most important part in the equation. How do you get paid? When do you get paid? How much do you get paid?

Having determined an MSRP during the lead up phase, we will have a good idea of the gross invoice receivable for your Craft Cannabis. We will have also discussed expenses during the process that will be deducted from that amount. These expenses include:

  • Excise tax – About $1 per gram
  • Processing Fee (that’s us) – $1 per gram
  • Packaging materials, labor, labelling – About $1 per gram
  • Other (shipping, COA, etc)

Also, when we receive a purchase order, we will know the payment terms of the provincial wholesaler purchasing your product. That way, you know when you get paid. Typically, expect a 30 day net payable from wholesalers.

While we wait for payment, you will receive a transaction summary within 7 business days of shipping your Craft Cannabis. This will have the gross invoice amount and will outline all of the actual expenses incurred during the packaging.

When the payment is made by the wholesaler, you will be paid the net amount (receipts less expenses) as indicated on your transaction summary.

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