Commercial Cannabis Awards 2022

14 GHP Commercial Cannabis Awards 2022 Run by a family with experience in agriculture, 5 Points Cannabis prioritises the plant it produces and consistently delivers high quality products to its customers. With a passionate team, the company is navigating the challenges of the developing commercial cannabis industry while keeping the customer at the centre of everything they do. Despite the legalisation of the consumption of cannabis in Canada in 2018, cannabis is still seen as taboo by some people after so many years of illegality. The team at 5 Points Cannabis believe that cannabis production is simply another form of farming, and they treat it as such, producing high quality plants using their agricultural expertise. At 5 Points, the team has a total of over 200 years of experience in agriculture and cannabis. Utilizing this in-depth understanding of agriculture, the company seeks to promote the development of new genetics in cannabis production and make agricultural expertise available to cannabis enthusiasts. Due to its commitment to genetic development, 5 Points always has more than thirty mother plants in development, which has resulted in a number of new products being launched on the market. The company does not prioritise fleeting trends in the emerging commercial cannabis industry, instead running the business like any agricultural business. The company is focused on production and the costs that come with it. Development takes place slowly, keeping cash flow in mind and always focusing on the product – the plant. As a result, the business is successful due to the quality of its products. The company believes that the customer should be at the forefront of everything they do. From genetics to packaging to containers, everything is made with the customer in mind, using feedback to understand their tastes and opinions. As the commercial cannabis industry grows, the company foresees that it will have to navigate the problem of overproduction and the resulting price drops. The industry will have to self-regulate at the production level, ensuring that it is aiming to satisfy a realistic market of customers, not an overestimated forecast. Despite this challenge, the business is looking forward to the opportunity for alliances with new emerging producers as the industry grows. Exchanging knowledge and expertise with other producers may have benefits which will aid the growth of the business. Moving forwards, 5 Points Cannabis continues to focus on its produce and customers. It is reinvesting a large portion of its profits in research and development relating to new genetics in the commercial cannabis industry, as well as investing in its own production. Currently selling in 5 Canadian provinces, the company’s goal for 2023 is to expand to a pan-Canadian level. It is clear that 5 Points Cannabis is dedicated to its field, working to produce high quality products for its customers and break the stigma surrounding cannabis that comes from years of illegality. As a result of its contributions to the development of new cannabis genetics, 5 Points Cannabis is 2022’s winner of Best Cannabis Development Business, Quebec, in the Commercial Cannabis Awards. With big plans for the future, there is no doubt that the company will continue to grow throughout 2023 and beyond. Contact: Joël Lalancette Company: 5 Points Cannabis Web Address: Best Cannabis Development Business - Quebec Dec22323