This document provides background information on the Canadian cannabis industry and outlines challenges facing Mihi Cannabis, a new cannabis retail startup. It discusses the legalization of cannabis in Canada, the market opportunity and competition. It also analyzes the regulatory framework at the federal, provincial and municipal levels that creates hurdles for the industry. The document concludes by introducing Mihi Cannabis and its CEO Thomas Dyck, and outlining some of the early challenges facing the emerging legal cannabis industry in Canada.
Advised Best Buy on a global pricing strategy. While identifying prior to that the key pricing decisions the company has made in recent years.
Showrooming is the consumer practice of visiting a brick-and-mortar store to view a product—then purchasing the product online. While many individuals still prefer buying merchandise they can see and touch, just as many will make their purchase decisions based on lower prices through online retailers. Local stores essentially become showrooms for online shoppers.
Recommendations on how Best Buy could go forward and grow its business profitably were suggested as part of the project's final presentation.
The Opportunity Map is a process to identify successful areas of market penetration and potential untapped areas for market expansion. When well executed, it defines the perfect basis for a good Strategic Plan.
The Opportunity Map consists on the following:
•Market Map: The Market Map is a study of various market conditions that is plotted on a map to identify gaps between the current business of the company, and the total potential that the market offers. In our example we match ‘macro’ information of market size from databases and ‘micro’ information coming from the internal resources of the company.
•Opportunity Gap:Analysis of the information coming from the Market Map, that is compared with the current business segmented by product type and category, and defined by each indivualcustomer (current and prospect).
•Business Model:Theopportunitiesidentifiedare filteredand definedin detail, supportedbya financialcase withinformationaboutsales, volumes, margins, investmentsand returnof theinvestment
Neither the model, nor the information contained in the following templates belongs to any Company
Advised Best Buy on a global pricing strategy. While identifying prior to that the key pricing decisions the company has made in recent years.
Showrooming is the consumer practice of visiting a brick-and-mortar store to view a product—then purchasing the product online. While many individuals still prefer buying merchandise they can see and touch, just as many will make their purchase decisions based on lower prices through online retailers. Local stores essentially become showrooms for online shoppers.
Recommendations on how Best Buy could go forward and grow its business profitably were suggested as part of the project's final presentation.
The Opportunity Map is a process to identify successful areas of market penetration and potential untapped areas for market expansion. When well executed, it defines the perfect basis for a good Strategic Plan.
The Opportunity Map consists on the following:
•Market Map: The Market Map is a study of various market conditions that is plotted on a map to identify gaps between the current business of the company, and the total potential that the market offers. In our example we match ‘macro’ information of market size from databases and ‘micro’ information coming from the internal resources of the company.
•Opportunity Gap:Analysis of the information coming from the Market Map, that is compared with the current business segmented by product type and category, and defined by each indivualcustomer (current and prospect).
•Business Model:Theopportunitiesidentifiedare filteredand definedin detail, supportedbya financialcase withinformationaboutsales, volumes, margins, investmentsand returnof theinvestment
Neither the model, nor the information contained in the following templates belongs to any Company
Case Analysis:Colgate-PalmolivePrecision ToothbrushVivek Kumar Gupta
In July 1992, CP senior management announced a new toothbrush model, the Precision, that was set to launch in early 1993. In order to meet consumer demand CP could introduce the toothbrush as a niche, super-premium or a mainstream, professional product. It could also introduce the product using standard naming conventions or introduce a new labeling system by calling it the “Precision by Colgate.” CP could leverage existing industry relationships and make an effort to form new ones in order to gain a competitive edge. At launch, CP could plan to offer competitive promotions, a popular offering that was slowly becoming standard practice in the oral care industry. The company could also increase its advertising budget to include educating the public on the dangers of gum disease. Depending on how it chooses to introduce the Precision toothbrush to the market, 1992 could serve as an important year for CP to establish itself as the definitive oral health care company.
Guided By: Prof Sameer Mathur
(Marketing PROFESSOR, IIM Lucknow)
The case of Larry Hillblom, founder of the multi-million dollar DHL Company started in 1994 when he died after his small seaplane crashed near his home island of Saipan. His body never was recovered.
This paper is done by: Younes Aitouazdi, and 4 other froup members on QDM class on UHD
In their classic book, Blue Ocean Strategy, W. Chan Kim & Renée Mauborgne coined the terms ’red ocean’ and ‘blue ocean’ to describe the market universe. This slide deck provides their revolutionary framework for creating and executing a Blue Ocean Strategy for your business.
This is a report on the cannabis market in the United States and the growth that is going to take place over the next 5 years. The Medical and adult use marijuana market are set to explode and we think that American Cannabis Company will benefit directly from this "green rush"
Case Analysis:Colgate-PalmolivePrecision ToothbrushVivek Kumar Gupta
In July 1992, CP senior management announced a new toothbrush model, the Precision, that was set to launch in early 1993. In order to meet consumer demand CP could introduce the toothbrush as a niche, super-premium or a mainstream, professional product. It could also introduce the product using standard naming conventions or introduce a new labeling system by calling it the “Precision by Colgate.” CP could leverage existing industry relationships and make an effort to form new ones in order to gain a competitive edge. At launch, CP could plan to offer competitive promotions, a popular offering that was slowly becoming standard practice in the oral care industry. The company could also increase its advertising budget to include educating the public on the dangers of gum disease. Depending on how it chooses to introduce the Precision toothbrush to the market, 1992 could serve as an important year for CP to establish itself as the definitive oral health care company.
Guided By: Prof Sameer Mathur
(Marketing PROFESSOR, IIM Lucknow)
The case of Larry Hillblom, founder of the multi-million dollar DHL Company started in 1994 when he died after his small seaplane crashed near his home island of Saipan. His body never was recovered.
This paper is done by: Younes Aitouazdi, and 4 other froup members on QDM class on UHD
In their classic book, Blue Ocean Strategy, W. Chan Kim & Renée Mauborgne coined the terms ’red ocean’ and ‘blue ocean’ to describe the market universe. This slide deck provides their revolutionary framework for creating and executing a Blue Ocean Strategy for your business.
This is a report on the cannabis market in the United States and the growth that is going to take place over the next 5 years. The Medical and adult use marijuana market are set to explode and we think that American Cannabis Company will benefit directly from this "green rush"
Marijuana: The #1 Profit Opportunity for Greenhouse Growers in the Next DecadeGGS Structures Inc.
The business opportunities becoming available as a result of the push to legalize large-scale marijuana cultivation are globally significant. This webinar provides a look into the state of the industry, as well as opportunities and obstacles that face both new and seasoned cannabis growers and investors.
Industry expert Michael Camplin from GGS Structures will lead this webinar, and will provide his insights as both an advisor and solutions provider of structures and growing systems for numerous licensed large-scale cannabis producers in Canada and the U.S.
Is the cannabis industry set to be a global gold rush?
Cannabis appeals to consumers’ sense of adventure and desire for unconventional experiences. This, in addition to its associated medical benefits, has given it a foundation within commerce.
Take a deeper look into the cannabis industry and its potential in this Cannabis Rising report.
Cannabis Manufacturing Tips and Facts You Don't KnowCannabis News
What are the tips for manufacturing weed, read this https://cannabis.net/blog/opinion/5-interesting-things-you-didnt-know-about-weed-manufacturing-and-distribution
Expanding legalization and experience with legal cannabis markets is undermining stigma and attracting new connoisseurs to cannabis products, loosening attitudes and opening the way for creating brands that connect with new and experienced consumers. This study summary provides an overview of the report details.
Corporate Marijuana - Who are the Big Companies Coming In?Cannabis News
Are big companies coming to weed, read this https://cannabis.net/blog/opinion/corporate-cannabis-which-big-consumer-products-companies-are-entering-the-marijuana-industry
Corporate Cannabis - Who are the Big Boys Coming to Marijuana IndustryEvergreen Buzz
Who is coming to the marijuana industry, read this https://cannabis.net/blog/opinion/corporate-cannabis-which-big-consumer-products-companies-are-entering-the-marijuana-industry
Cannabis Market Size, Share, Trends & Forecast Analysis by 2027ReportCruxMarketRese
According to the report, the global demand for the Cannabis market was valued at approximately USD 14.29 Billion in 2019 and is expected to generate revenue of around USD 128.36 Billion by end of 2027, growing at a CAGR of around 31.7% between 2020 and 2027.
Cannabis/Marijuana Report Recommendations Would Delay Legalization To 2018 Or...paul young cpa, cga
This presentation looks at the issues facing cannabis/pot/marijuana legalisation in Canada. There are many issues driving legalisation including policing, UN rules, United States Policies, enforcement, side-effects, etc.
Similar to Read the attached case and answer the following questions in (20)
One of the most common used risk management tools is the Incident Re.docxAKHIL969626
One of the most common used risk management tools is the Incident Reporting.
More recently, incident Reporting system incorporated computer technology that will provide information like:
1. Major incident category.
2. Early identification of patterns and trends in the "how" and "why" of untoward events.
3. Code vulnerability inductors.
Discuss the potential benefits to use this technology. There is any Limitation for the system? Explain.
.
One of the first anthropologists to examine religion in Africa was E.docxAKHIL969626
One of the first anthropologists to examine religion in Africa was Edward Evans-Pritchard in the early 1900's. You will explore what he learned about the Azande by watching the first 23 minutes of "
Strange Beliefs: Sir Edward Evans-Pritchard
".
Instructions:
When you are done watching the video answer the following questions by referring to specific information from the video, NOT outside sources:
How do the Azande people featured in the film explain unfortunate events and what do they do about it?
According to your textbook, what is religion and how would Azande religious beliefs be classified?
Do you think Azande beliefs are any more or less rational than other religious beliefs like Judaism, Christianity, Islam, or Buddhism?
.
One of the most important concepts in clinical practice and group wo.docxAKHIL969626
One of the most important concepts in clinical practice and group work is confidentiality. All members of the group sign an informed consent form in order to address the rules and parameters of the group sessions. The rules regarding confidentiality are stated in one section of the form. Although every member must sign this agreement, ensuring that all information shared in the group remains confidential can be difficult. As the group leader, the clinical social worker is responsible for developing strategies so that all members feel safe to share.
For this Discussion, review the “Working With Groups: Latino Patients Living With HIV/AIDS” case study.
By Day 3
Post
strategies you might prefer to use to ensure confidentiality in a treatment group for individuals living with HIV/AIDS. Describe how informed consent addresses confidentiality in a group setting. How does confidentiality in a group differ from confidentiality in individual counseling? Also, discuss how you would address a breach of confidentiality in the group.
Required Readings
Plummer, S.-B., Makris, S., & Brocksen, S. M. (Eds.). (2014).
Social work case studies: Concentration year
. Baltimore, MD: Laureate International Universities Publishing [Vital Source e-reader].
“Working With Groups: Latino Patients Living With HIV/AIDS” (pp. 39–41)
Toseland, R. W., & Rivas, R. F. (2017). An introduction to group work practice (8th ed.). Boston, MA: Pearson.
Chapter 11, “Task Groups: Foundation Methods” (pp. 336-363)
Chapter 12, “Task Groups: Specialized Methods” (pp. 364–395)
Himalhoch, S., Medoff, D. R., & Oyeniyi, G. (2007). Efficacy of group psychotherapy to reduce depressive symptoms among HIV-infected individuals: A systematic review and meta-analysis.
AIDS Patient Care and STDs,
21
(10), 732–739
Lasky, G. B., & Riva, M. T. (2006). Confidentiality and privileged communication in group psychotherapy.
International Journal of Group Psychotherapy
,
56
(4), 455–476.
Toseland, R. W., & Rivas, R. F. (2017).
An introduction to group work practice
(8th ed.). Boston, MA: Pearson.
Chapter 1, “Introduction” (pp. 1–42)
Chapter 2, “Historical and Theoretical Developments” (pp. 45–66)
Working With Groups:
Latino
Patients Living
WithHIV/AIDS
The support group discussed here was created to address the unique needs of a vulnerable population receiving services at an outpatient interdisciplinary comprehensive care center. The center’s mission was to provide medical and psychosocial services to adult patients living with HIV/AIDS (PLWH). Both patients and providers at the center expressed a need for a group to address the needs of the center’s Latino population. At the time the group was created, 36% of the center’s population identified as Latino, and 25% of this cohort identified Spanish as their primary language. The purpose of the group was twofold: 1) to reduce the social isolation felt by Latino patients at the center and 2) to create a culturally sensitive environm.
One function of a leader is to provide the vision for the organizati.docxAKHIL969626
One function of a leader is to provide the vision for the organization that they lead. Being a role model and leading the way forward are important aspects of leadership.
If you were leading an Internet retailer or another organization that involves innovative technology and organizational flexibility, describe the process that you would use to create a vision for the organization.
How would you get the employees involved in the vision?
Describe how the process would differ between an Internet retailer and a brick and mortar retailer.
.
One could argue that old-fashioned attitudes regarding gender and t.docxAKHIL969626
One could argue that old-fashioned attitudes regarding gender and "traditional" gender roles are becoming obsolete. In many parts of the world women head major corporations and hold high positions of power—positions historically seen as being of the male domain. In turn, many men freely choose to be "stay-at-home-dads" or enter professions that were once considered to be "feminine." Naturally, our contemporary views of gender and gender roles illustrate the social progress we have made as one human culture.
Yet, prehistoric and ancient works of art tell a different story—one that reinforces old-fashioned gender roles (and maybe for good reason). Prehistoric and ancient representations of gender illustrate the social norms of their periods. Naturally, these works of art were produced by people whose lives and values were quite different from ours. Yet, the views of gender presented by these works of art are, despite our contemporary sensibilities, are still very recognizable.
Write an essay that analyzes the representation of gender and gender roles as seen in
Woman of Willendorf
(prehistoric: c. 25,000–20,000 B.C.E.) and
Kouros
/
Statue of Standing Youth
(ancient Greece: c. 580 B.C.E.).
.
One of the hallmarks of qualitative research is writing detailed obs.docxAKHIL969626
One of the hallmarks of qualitative research is writing detailed observations when collecting data. For this assignment, take a notebook with you to a public setting where social interaction takes place (restaurant, public library, public park, shopping mall, airport, etc.). Observe for an hour, then write up your notes into a descriptive vignette, looking for patterns in events and actions.
Observe as though you are a stranger in a new country, trying to make sense of the action around you. Describe how things look, smell, sound, feel, etc. Be as descriptive as possible. Write up your observations into a vignette with the intention of having readers feel as though they are in the environment you choose to observe. Do not be shy to talk to people and ask what they are doing for more information.
REMEMBER to concentrate on observing the
context
only (NO PERSONAL OPINIONS)! This paper should be no longer than 3 pages double-spaced. There is going to be follow-up with this assignment in Module 8.
Assignment Specifics:
· Student will write a 3 double-spaced reflective paper.
· Citations from any of the required reading/presentations from the assigned module
· APA format
.
One of the three main tenants of information security is availabilit.docxAKHIL969626
One of the three main tenants of information security is availability. It is also one of the least thought about. Explain the importance of availability? Do you believe it should be more important than the other two tenants (confidentiality/integrity)? Why is it important to know the value of your data when it comes to availability?
Requirements:
Initial posting by Wednesday
Reply to at least 2 other classmates by Sunday (Post a response on different days throughout the week)
Provide a minimum of 3 references on the initial post and on any response posts.
Proper APA Format (References & Citations)/No plagiarism
.
One of the challenges in group problem solving is identifying the ac.docxAKHIL969626
One of the challenges in group problem solving is identifying the actual problem. Often as a group, we try to fix the symptoms of the problem instead of the actual problem. Review the attached scenario. Identify the problem, write a problem statement, and explain why you believe the problem you identified is not a symptom but the actual root cause.
*Post must be 200 to 250 words
*Answer must be clear, concise and straight forward
* PE is attached
.
One is the personal plot that unfolds around the relationships betwe.docxAKHIL969626
One is the personal plot that unfolds around the relationships between the characters—O thello, Iago, Desdemona, Cassio, Rodrigo, and Emelia. The other plot is the more public one in which Venice is at war with the Turks. How do these plots intersect, and do they overlap in terms of some of the main themes of the play? For instance, don’t overlook the line in Act I, iii, regarding where the Turks are headed in their ships—“or this cannot be, by no assay of reason: 'tis a pageant,to keep us in false gaze.”
.
One and half pagesimple, noplagarism Title page, abstr.docxAKHIL969626
One and half page
simple, noplagarism
Title page, abstract, table of contents, list of figures, list of tables are all
not required
in the discussion forums. All other aspects of
APA (citations, list of references, correct spacing & formatting, etc.)
are
required to receive full credit
You must
engage
(not just agree, disagree, or repost you own posting) at least two of your classmates in the discussions each week to receive full credit
Each question should be researched and supported with some peer reviewed sources other than or in addition to your textbook
Discussion posts are assessed on a rubric with equal weight given to 5 assessable items: Comprehension, Timeliness, Engagement, Critical Thinking, and APA/Mechanics
Digital Forensics
There are three primary goals with digital forensics:
Collect electronically stored information in a sound, defensible manner,
Analyze the results of the collections, and
Present the findings either in formal legal proceedings or less formally to inform a client.
Electronic evidence can be short-lived and fragile. It needs to be collected in a defensible, methodological manner to preserve it accurately, and to withstand scrutiny in legal proceedings. (chain of custody)
Electronic evidence can be highly probative, both as it appears to users, and behind the scenes. There is a lot of information that a computer user never sees (e.g. metadata, logs, registry entries). This behind-the-scenes evidence may provide a wealth of information about who did what when and where. Forensic analysts are trained to preserve, collect and interpret this kind of evidence.
Some digital files can be recovered, even if a user has tried to delete them.
Locate a famous case where digital forensics played a role, and share it with the class. Discuss how digital forensics was critical in cracking the case. Examples are listed below, but
you can’t use them – find your own.
Famous cases cracked with digital forensics
Be it a text message, Google searches or GPS information, a person’s digital footprint can provide plenty of ammunition in the courtroom. Here are a few cases where digital forensics played a critical role in bringing about justice
.
1. The BTK Killer, Dennis Rader
Perhaps the most famous case to be solved through digital forensics is that of
the BTK Killer Dennis Rader
, with “BTK” referring to his MO of “bind, torture and kill.” Rader enjoyed taunting police during his killing sprees in Wichita, KS. But this also proved to be his fatal flaw. A floppy disk Rader sent to police revealed his true identity. He was soon arrested, pled guilty and was put behind bars for life, much to the relief of his long-terrorized community.
2. Dr. Conrad Murray’s lethal prescriptions
Another recent case solved with digital forensics was that of
Dr. Conrad Murray, personal physician of Michael Jackson
. Digital forensics played a crucial role in the trial. After Jackson passed away unexpectedly in 20.
One 750 - word essay exploring an art historical issue presented in .docxAKHIL969626
One 750 - word essay exploring an art historical issue presented in the class.(following file)
The file is 6 pages long. write a reaction and add some of the own thinking.
The file preview
The Combahee River Collective Statement
Combahee River Collective
We are a collective of Black feminists who have been meeting ...........
.
One of the most interesting items in the communication realm of orga.docxAKHIL969626
One of the most interesting items in the communication realm of organization management is the informal grapevine. The informal grapevine has the capacity to undermine the official communication function of a criminal justice organization.
Discuss what a grapevine is and the best methods to counteract it.
.
One of the most important filmmakers of the twentieth centur.docxAKHIL969626
One of the most important filmmakers of the twentieth century to release such popular films such as Ferris Bueller’s Day Off, and The Breakfast Club was someone by the name of John Hughes. Born February 18 in 1950, he sadly died 11 years ago due to a heart attack. Brought up in Michigan, John Hughes started off by creating jokes for already famous comedians. He then began to capture the interest of adolescents in the 1980’s with his work. Movies such as The Breakfast Club;Sixteen Candles;Ferris Bueller's Day Off;Plane, Trains, and Automobiles; and Home Alone gained a huge amount of popularity over time. These movies usually ended in a good way but not without a struggle along the way.
One of John Hughes most popular film’s, titled The Breakfast club takes place in a school library setting as the main 5 students are tasked with learning and understanding each other. Understanding their dislikes for teachers, parents, as well as going through the peer pressure of their respective social groups. This film highly resembles Hughes' work as it reaches toward the best of society with all different types of popular culture which explains why the movie takes place in a library, with the students surrounded by art, books, and statues.
Hughes was very well known as being the king of highschool movies. All of his work dealt with teenagers and the issues they dealt with. Ferris Bueller
Ferris Buellers was one of Hughes' first comedies, and it is the most original movie about high school that has ever been made. There wasn't a movie like it before it was made, and since many attempts have been made to recapture what Ferris Buellers brought to the table. Unfortunately, that is impossible. A big part of Ferris Bueller's magic was the originality of Hughes' vision. He looked at teenagers and high school life from a completely new perspective. Hughes created a world where everything worked out for the hero, and everyone can identify with that.
.
One of the ways businesses provide secure access to their networ.docxAKHIL969626
One of the ways businesses provide secure access to their network (or a subset of their network) to remote (or mobile) users is to use virtual private networks (VPNs). VPNs allow users to connect securely (over an encrypted link) to a network. For this discussion:
Define the term virtual private network
Discuss the goal(s) of a VPN
Describe different types of VPNs (hardware or software based)
Discuss how the use of a VPN may support BYOD (bring your own device)
List several commonly available (open source) VPNs
Describe best practices for using a VPN
300 Words NO Plagiarism
.
On Stretching Time (250 Words)The given paradigms by which we.docxAKHIL969626
On Stretching Time (250 Words)
“The given paradigms by which we are to understand and use academic freedom isolate utterances and individuals to insist that the contexts that matter are professional and institutional. But if we stretch time, the potent context of modern nationalism/settler colonialism becomes strongly palpable.”
Kandice Chuh argues that it is imperative for us to “stretch time”: to be able to place utterances and individuals in the academic context in the broader context of modern nationalism and settler colonialism. What is something someone can only understand about you by bringing in a larger context? Write that, and also the larger context needed to understand.
.
On the evening news, social media and even in conversation, do you f.docxAKHIL969626
On the evening news, social media and even in conversation, do you feel that noting where data and other vital information being shared came from could alleviate confusion, frustration and "gossip"? If so, where should we draw the line? Do you trust what others discuss with you? Or do you "fact check"?
.
On p. 98-99 of Music and Capitalism, Tim Taylor writes, The.docxAKHIL969626
On p. 98-99 of
Music and Capitalism,
Tim Taylor writes, “These and other Western star musicians employ other common discourses about the musicians with whom they worked and the musics they appropriated or collaborated with. The dominant ideology and discourse are that non-Western musics are a kind of natural resource that is available for the taking, though these acts of appropriation are frequently tempered by the Western star’s appearance alongside the non-Western musicians in publicity photographs, on recordings, and in liner notes.”
Review your notes from class about important words, or look these up as necessary: discourse, appropriation, collaboration, ideology
Then, write a response that does the following:
Explain: what does this quotation mean in your own words?
How does the
Graceland
example fit in with what Tim Taylor is talking about here
?
Think of another time that musicians with different power positions are part of a musical performance or recording (you can use one in the chapter, like
Buena Vista Social Club, Deep Forest,
“The Lion Sleeps Tonight,” “Return to Innocence,” “El Condor Pasa,” or
Talking Timbuktu
, or one not in the reading that interests you). Describe the relationship between the musicians, and argue whether you think the album/performance is appropriation, collaboration, sampling, or something else. If the artists have different positionalities in terms of race, gender, and/or country of origin, comment on the effect this has. Give your opinion on ethical questions raised in this particular situation.
Your response should be about 3-5 paragraphs (minimum 12 sentences) in length. For part c, you will need to reference and cite an additional source (i.e. web site, album, academic source, news article, etc.)
.
On 1 January 2016, the 17 Sustainable Development Goals (SDGs) o.docxAKHIL969626
On 1 January 2016, the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda for Sustainable Development — adopted by world leaders in September 2015 at an historic UN Summit — officially came into force. These goals address every topic of concern we have discussed this semester. Over the coming decade, it's the hope of UN member nations (which includes the U.S.) that the SDGs will universally be applied to all, countries will mobilize efforts to end all forms of poverty, fight inequalities and tackle climate change, while ensuring that no one is left behind.
With the SDGs as your reference, answer these questions:
Are any of the 17goals from the UN website particularly unrealistic—describe, in detail, why you think so (or not).
Which of the 17 goals do you believe is the highest priority for the world and why? Cite specific examples from class content, discussions and assessments.
.
On September 11, 2001 the U.S. changed forever. While the U.S. had s.docxAKHIL969626
On September 11, 2001 the U.S. changed forever. While the U.S. had suffered attacks before, nothing to this scale and magnitude. The attacks were aimed at highly populated areas (NYC) and homes for the government and armed forces (Washington, D.C. and the Pentagon). The World Trade Centers were an ideal target for their height and location. For your own post, consider vulnerable populations. What constitutes vulnerability in populations living in disaster prone areas? Consider NYC, these attacks were neither the first nor the last attacks NYC has suffered. Why is NYC such a hub for terrorist attacks? Try considering other areas, other than NYC, and provide an example from a recent disaster. Unfortunately, there are many. You can discuss man-made disasters or natural disasters.
250 Words
.
On January 28, 1986, the Space Shuttle Challenger was destroyed upo.docxAKHIL969626
On January 28, 1986, the Space Shuttle Challenger was destroyed upon launch from Cape Canaveral, Florida killing all seven astronauts on board. Conduct a literature and an Internet search on the topics of the Challenger disaster and groupthink. Then, discuss how groupthink might have created decision-making problems for NASA and its booster contractor. Cite at least two sources in your answer.
250 words and list references
.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Read the attached case and answer the following questions in
1. Read the attached case and answer the following questions in
sentence/paragraph form, unless noted
otherwise:
1) Conduct an analysis of the general business / macro-
economic environment facing Mihi. For
each component of your analysis, identify the relevant trends
and the implications (positive or
negative) for the company. The time horizon for your analysis is
3-years.
2) Conduct a Porter’s 5-Forces Analysis of Canadian Retail
Cannabis industry?
a. Describe the characteristics associated with each of the five -
forces
b. For each of the five forces and based on the characteristics
you identified in 2a above,
identify the level of the force (low, medium, high) along with a
rationale as to your
assessment.
2. 3) Describe how attractive/unattractive you believe the industry
is for Mihi using your answers
from #1 and #2 above as evidence to back-up your position.
4) Describe what you believe is the recommended launch
strategy for Mihi using the strategy
triangle. For each component of the triangle include your
rationale for your decision.
1
MĪHĪ CANNABIS: PLANTING THE SEEDS FOR A NEW
RETAIL
CANNABIS BUSINESS IN CANADA
This case was written solely to provide material for class
discussion. The author does not intend to illustrate either
effective or ineffective handling of a managerial situation. The
author may have disguised names and or information
to protect confidentiality.
3. In June 2018, the Government of Canada passed the Cannabis
Act, paving the way for the
legalization of recreational cannabis cultivation, acquisition,
possession and consumption on
October 17 of that same year1. This move set off a flurry of
activity, as existing companies, private
equity firms and entrepreneurs sought to establish an initial
position within the burgeoning
industry.
One critical aspect in the formation of the industry would
undoubtedly be how cannabis products
would ultimately get to the end consumer. mīhī Cannabis, a
new-startup, was planning on
establishing itself as a key player within this part of the
industry’s value chain. Thomas Dyck, the
recently appointed CEO of mīhī (Latin meaning “for me”), was
busy developing a retail concept
and strategic plan he could take to his investors. He knew that
the challenge for the company and
its competitors would be to establish a strategy that adequately
addressed the plethora of external
factors influencing the industry and its growth potential.
4. THE CANADIAN CANNABIS MARKET
Cannabis (also known as marijuana, pot and over 1,200 other
slang terms2) is cultivated from the
flowers of cannabis plants. Two of the 113 cannabinoids
produced from the flowers of the cannabis
plant generate two psychoactive effects when heated or smoked,
tetrahydrocannabinol (THC),
which is responsible for getting people “high”, and cannabidiol
(CBD) which relaxes people3. The
cannabinoids present within cannabis are also responsible for
the observed medical benefits of the
drug, including reduced inflammation, lower blood pressure,
improved sleep and the calming of
PTSD symptoms3.
Cannabis has been used throughout history for both social -
recreational and medical purposes. The
earliest physical evidence of cannabis use by humans was
discovered in 2008 by researchers in
China who uncovered a 2,700-year-old Caucasian shaman grave
containing 700 grams of
cannabis. Notwithstanding this historical popularity, as of 2018,
the drug was prohibited in most
countries.
5. In Canada, cannabis was made illegal under the Narcotics Drug
Act Amendment Bill in 1923.
Since then, over two million people have been arrested for
cultivating and selling pot. Views as to
the rationale behind this prohibition are mixed, with some
historians attributing it to a book written
by Emily Murphy, published during the same period, that
claimed “marijuana turned its users into
2
homicidal maniacs.”4 Regardless, the popularity of cannabis
continued to grow in the 1960-70s,
resulting in increased arrests for simple possession.
In 2001 the Canadian government began a medical marijuana
program allowing those with a
medical prescription to grow their own cannabis or receive the
drug directly from Health Canada
until a regulated industry could be developed. At the time,
medical cannabis was being used to
treat a number of ailments including the pain, spasms and
spasticity associated with multiple
sclerosis, behavioral improvement in Parkinson’s disease
patients, memory preservation in
6. Alzheimer’s patients and tumor suppression and nausea relief
for cancer patients. The use of
cannabis was also linked to other benefits. In one study, 82% of
respondents indicated they had
reduced alcohol consumption, while 73% had reduced tobacco
usage, 86% had reduced their use
of anxiety related medication and 95% had reduced their use of
opiates5. These benefits were in
stark contrast to warnings coming from the Centre for Addiction
and Mental Health about the
negative effects of cannabis6 and a report from the Canadian
Automobile Association (CAA)
indicating that "two-thirds of Canadians are concerned that
roads will become more dangerous
with the legalization of marijuana."7
Overall, public opinion and the negative criminal stigma
surrounding cannabis was changing for
the positive. According to a 2016 Nanos Research study, 7 in 10
Canadians were now in favour of
legalization8. By 2016 cannabis usage in Canada was strong
with 3.8 to 5.2 million regular users
expected by 20219,10, approximately 10-14% of the Canadian
population. This expanding base of
7. users increasingly did not fit the traditional, “stoner” stereotype
profile often associated with
cannabis usage. New users were older, more likely to be married
with children and have higher
levels of income11. Recreational cannabis was being used for a
variety of stated reasons, including:
to help relax or sleep (66%), to reduce stress or anxiety (62%)
and to have fun with friends (58%)12.
Despite changing attitudes, most users continued to hide their
consumption from others. This was
particularly true for new consumers.
One challenge the industry faced was getting existing cannabis
users to switch to legalized
channels of distribution. Among other factors, existing users
indicated they would switch if
product quality was better (55%), there was a range of price
points for every budget (54%), and
products could offer a range of potency (47%)12. Those looking
to use legalized cannabis indicated
a strong interested in buying from a retail store (48-51%) as
opposed to growing their own (27%)
or purchasing through a website (28-33%)12. One likely reason
for this was the importance
consumers placed on knowledgeable in-store staff above other
8. factors, to educate and help them
with their purchases. Even long-time, regular cannabis users
indicated that their product
knowledge was quite limited and would like to learn more.
With the establishment of a legal and regulatory framework for
the production, distribution and
possession of recreational cannabis on October 17, 2018,
Canada became only the second nation
to legalize cannabis for recreational use. Overall, the market
was forecasted to grow to $23 billion,
plus an additional $2.7 billion for cannabis edibles, topicals and
drinks, which were legalized one-
year later13. Given the size of the opportunity, a number of
competitors were expected to enter the
industry. Competition was predicted to come primarily from 5
different groups.
3
Licensed Producers. These organizations were originally formed
to provide medical grade
cannabis, as prescribed and overseen by Health Canada. They
built facilities to turn cannabis into
9. oil, gel caps and other product types as both a producer and
manufacturer of cannabis products.
They had access to significant pools of capital, a wealth of
product experience, and could take
advantage of the economics of full vertical integration.
However, given their potential power over
the industry’s value chain, it was expected that significant
regulatory restrictions would be placed
on their ability to establish private retail outlets.
Enthusiasts. As there already was an established grey/black
market for cannabis across the country,
many retail stores existed that actively ignored current
regulations and sought to meet the needs of
their existing customer base as efficiently as possible. These
businesses had access to black market
supply, often at significantly lower prices than available
through government supply chains. While
regulation and compliance adverse, it was expected that these
businesses would ultimately
transition to legal retail outlets. While being extremely
knowledgeable about the products they
sold, these competitors had little access to capital or the
business acumen to expand significantly.
Landlords. Superior retail locations very quickly became the
10. critical scarce commodity within the
industry. Because of this, commercial landlords realized that
they had an opportunity to stake a
claim in the industry. While they controlled key locations, they
had no day-to-day experience
managing a retail business, particularly one within a highly
regulated industry.
Private Liquor. In British Columbia and Alberta, private liquor
distributors were expected to
leverage their existing retail distribution networks and supply
chain expertise to get into the
cannabis industry in a big way. While they had experience
managing a regulated retail business,
they had little knowledge and experience with cannabis and the
unique needs of the cannabis
consumer.
Private Retail. The final group of competitors included a mix of
firms singularly focused on the
retail cannabis market. Some were entrepreneur’s, intent on
becoming 1 to 3 store operators, who
lacked retail or cannabis specific experience. Others, like mīhī,
had access to significant sources
of early-stage funding from private equity firms, interested in
investing in the sector. The value
11. of these early entrants’ sky rocketed, creating large capital
pools which ultimately trickled down
to smaller firms. Several were able to leverage their early
entrance to amass a significant capital
position and build management teams with extensive retail
expertise.
While opportunities within the cannabis industry looked
promising, the overall economic outlook
for Canada was less positive in 2018. Strong economic growth
over the past decade was expected
to subside due to slower employment growth and high consumer
debt levels.14 The Bank of Canada
was also expected to gradually raise interest rates to offset
inflationary pressures, reducing
investment stimulus. In addition, there was potential pressure
on retail salaries given declining
unemployment rates and more generous provincial minimum
wage policies. Other economic
indicators captured by the company for planning purposes are
included in exhibit 8.
4
REGULATORY FRAMEWORK
12. Legalization meant that Canadians could now possess up to 30g
of dried cannabis and grow four
cannabis plants with licensed seeds or seedlings. However, it
was expected that the majority of
users would want to purchase rather than grow their own
cannabis. In this regard, the Canadian
Government, through Health Canada, would control both the
quality of supply, through strict
licensing of producers, as well as individual consumption risk
through regulatory control of the
product marketing mix (i.e., significant product, packaging,
advertising restrictions). In contrast,
each province would be responsible for decisions surrounding
the supply chain and retail
distribution of cannabis to Canadians. In some markets,
municipalities would also be granted
authority over whether to participate or decide on the number of
retail locations they would allow
within their community. This resulted in a complex patchwork
of regulations for companies to
navigate as they developed launch strategies. In addition,
cannabis ecommerce was limited to
online purchases made through provincial government websites.
While private retailers were
13. technically free to set their own prices, in reality there were
numerous pricing constraints at play.
First, retailers had to purchase supply at regulated, wholesale
price points which effectively set a
price floor for all legal competitors. Second, provincial
government website prices for online
purchases established a price point for legalized cannabis in the
minds of consumers. Lastly, black
market sellers consistently undercut the legal wholesale rate,
establishing a price range for
consumers willing to purchase illegal product.
The market potential for private retailers was very regionalized.
Quebec and the Atlantic provinces
chose to utilize their own public, retail liquor networks to sell
cannabis, eliminating any private
retail opportunity. Alberta, using its experience in privatizing
retail liquor decades earlier, chose
to permit private retail distribution. However, the province
delegated site selection and building
permit decisions to municipal governments with mixed results.
Some municipalities were quick to
establish guidelines, creating an investment frenzy, others chose
to opt-out completely, while the
14. remainder established excessive restrictions, making it virtually
impossible for private firms to
operate successfully.
British Columbia was slower to establish regulations, already
having a stable grey market (not
legal, but not enforced) which they were concerned about
disrupting. The guidelines they
ultimately established delegated location decisions to
municipalities and allowed for only 5 stores
per firm. In addition, they also chose to sell cannabis through
their own retail liquor network,
which would compete directly with the private retail firm’s they
were offering licenses to.
While most provinces established clear guidelines with minor
changes during implementation,
Ontario was the most problematic. In early 2018, prior to
legalization, the provincial government
indicated that it would be using the province’s retail liquor
network (the LCBO) for cannabis
distribution. However, one day after legalization, the
Progressive Conservative Party of Ontario
won a provincial majority and quickly abandoned these plans in
favour of private retail.
For those provinces which allowed private retail distribution,
15. store licensing procedures were
somewhat similar. Each firm had to submit an application to the
province, which included a non-
refundable fee of thousands of dollars per location, and
evidence that an executed, unconditional
5
retail lease had been signed for each location. The application
also authorized the provincial
government to conduct a full criminal and financial check of
company officers, directors and large
investors.
MĪHĪ CANNABIS INC.
mīhī Cannabis Inc was founded in Toronto, Ontario Canada, in
August, 2018 through a joint
ownership agreement between Blackshire Capital Corporation
and mīhī’s management group.
Thomas (Tom) Dyck, the company’s new CEO, was given the
mission of developing a world-
class cannabis retail chain within the Canadian marketplace.
Tom had just recently retired from a
16. successful 32-year career in banking at Toronto Dominion
Bank, where he held senior
management positions in a variety of financial business lines in
both Canada and the United States.
In Tom’s last role as Executive Vice President, Community
Banking, he was responsible for the
bank’s commitment to deliver a “legendary bank experience to
Canadians”, leading 25,000
employees in 1,150 branches. At mīhī Tom would have to create
a new organization from the
ground up, while navigating significant external hurdles, a
nearly 180-degree shift from his
experience at the bank.
Tom had already recruited some impressive talent for key
management positions. His senior vice-
president of guest experience was a seasoned, consumer
packaged goods and mass market retail
executive, and a recognized thought leader in retail innovation
while his chief administrative
officer, had over 30-years of business and technology
experience in highly regulated industries.
Other key management positions included a policy guru with
previous experience within
17. government regulatory teams in both Canada and the U.S., a
product manager with 15-years
consumer packaged goods product and sourcing experience and
a brand leader with over 20-years’
experience developing some of Canada’s most recognized
brands.
Initial revenue and cost planning had also begun. In terms of a
build-out, Tom estimated that each
store would cost between $1 million to $1.3 million to setup,
including the initial working capital
needed to operate the store. On average, he wanted to achieve a
minimum 30% return on store
capital annually. Tom felt that his competitors’ product mix
would likely be 80% cannabis and
20% cannabis related accessories. Based on the regulated costs
of acquiring product from
suppliers, his competitors would likely generate cannabis gross
margins of 28 - 32%. Conversely,
gross margins on cannabis-related accessories were forecast at
50-60% and would form the balance
of store revenue. Tom firmly believed that a top-tier retailer
could achieve a higher gross margin
than the industry average through smarter product mix and price
management decisions (exhibit
18. 11). Total operating expenses, including lease, staffing and
store-related expenses were expected
to run between $650 - $800 per square foot.
EARLY CHALLENGES
The regulatory frameworks established at the federal, provincial
and municipal level created
significant challenges for early industry development and the
conversion of existing cannabis users
to legal channels. At the federal level, initial regulations only
permitted the sale of plant and oil-
6
based products which represented about 40% of traditional
cannabis usage, leaving much of the
market out of reach for industry players. In addition, delays in
the licensing of cannabis production,
and the regulatory complexity established, created a significant
production learning curve,
resulting in supply shortages in the first year of legalization.
Conversely, the black market offered
a full line of products and no supply shortages.
19. The product packaging and dosage regulations imposed by the
federal government did not match
what consumers were used to prior to legalization. For example,
edible products could only contain
10mg of cannabis per package. If the container included five
gummy bears (the most popular
form), each gummy could only contain 2mg of cannabis
compared to the black market which used
an average dosage of 15-25mg per candy.
At the provincial level, retail licensing guidelines caused a
massive “land grab” as competitors
realized they needed to secure locations to meet licensing
application requirements. Commercial
landlords were receiving multiple bids for the same retail
locations, and quickly increased their
lease rates by 3x – 5x the normal price per square foot,
significantly impacting industry business
models. In addition, most landlords would not permit firms to
break their lease despite the
uncertain regulatory environment. This meant that each
cannabis retailer had to decide how much
risk they were willing to accept, based on the number of leases
they were prepared to sign before
knowing whether their store license would ultimately be
20. approved.
Retailers wanting to operate in multiple provinces faced even
greater challenges. For example,
each firm had to manage and negotiate with separate supply
chains in each province. In addition,
store location planning had to consider the fact that overall
customer demand, store potential and
even the prices consumers were willing to pay appeared to have
regional variations.
MOVING FORWARD
Unlike Tom’s previous roles, here, he was responsible for
launching a company in an industry that
did not exist as yet. There were few opportunities to learn from
others, even in other countries.
Both the industry players and the various levels of government
were learning in real-time. He knew
that he needed to flush out a strategy for moving forward. In
particular, he needed to make
decisions regarding, which markets to enter and how big a retail
footprint to initially establish.
While many of the traditional elements of the product marketi ng
mix would be common across all
competitors due to industry regulation, Tom knew he still
21. needed to develop a strong value-
proposition that would both differentiate the company and
support the normalization of the
industry in the eyes of the communities in which it operated.
His choice of value-proposition would
ultimately drive the company’s business model and put greater
pressure on certain organizational
capabilities over others.
Given potential market volatility, Tom knew that conducting a
store-profit sensitivity analysis was
going to be a critical component to his decision making. The
data he had gathered could easily be
used to calculate average industry revenue per store, however,
these calculations would be
misleading, as they did not take into account the vastly different
retail formats that would emerge
in the industry. For example, Tom expected that mīhī would
likely see revenues of 2x the industry
average given their larger retail footprint (2,100 square feet),
the use of higher-cost, prime
7
22. locations and the overall marketing strategy he was planning on
developing. One area of concern
he had was the possibility that market demand would be lower
than forecast, while provincial
governments might still license the maximum number of stores
(exhibit 1). This would result in a
reduction in the average industry revenue per store. Thinking
about this further, he felt that he
could use a 25% reduction in market demand in his sensitivity
analysis to account for this potential
volatility.
8
EXHIBIT 1: ESTIMATED MARKET SIZE AND RETAIL
STORE POTENTIAL BY REGION
9
EXHIBIT 2: DEMOGRAPHIC PROFILE OF CANNABIS
USERS
EXHIBIT 3: REASONS FOR USING CANNABIS
24. Growth in Real GDP 1.5 3.1 2.0 1.7 1.8 1.7 1.8 1.8
Consumer Price Index 1.4 1.7 2.0 2.1 2.1 2.0 2.0 2.0
Bank Rate 0.75 1.00 1.73 2.47 2.99 3.00 3.00 3.00
Exchange Rate (US$ per C$) 0.75 0.78 0.82 0.83 0.84 0.84 0.84
0.84
Unemployment Rate 7.0 6.6 6.5 0.6 6.1 5.9 5.8 5.8
source: Conference Board of Canada, 2018 Economic Outlook
EXHIBIT 9: MINIMUM WAGE BY PROVINCE
2018 2021
British Columbia 14.60 15.20
Alberta 15.00 15.00
Saskatchewan 11.45 11.45*
Manitoba 11.90 11.90*
Ontario 14.00 14.35
source: Retail Council of Canada
*annual increase based on change in CPI
13
25. EXHIBIT 10: PRICE WILLINGNESS (PER GRAM) BY
REGION
EXHIBIT 11: PRODUCT MIX AND MARGIN DATA
Industry
Gross Margin Product Mix
Cannabis 30% 80%
Accessories 55% 20%
mihi Target
Gross Margin Product Mix
Cannabis 35% 75%
Accessories 60% 25%
14
END NOTES
1. Sapra, Bani (20 June 2018). "Canada becomes second nation
26. in the world to legalize marijuana".
CNN.
2. Steinmetz, Katy (April 20, 2017). "Why There Are So Many
Different Names for Weed". Time.
3. Brown, Ian (July 1, 2018). “A biography of cannabis”. Globe
and Mail.
4. Daniel Schwartz (May 3, 2014). “Marijuana was criminalized
in 1923, but why?” CBC News.
5. Merwin, K (January 18, 2018). Eaze Insights: 2017 State of
Cannabis Data Report
6. "About Marijuana". (2012). CAMH.
7. “Canadians Worry Roads Will Be Unsafe When Marijuana
Legalized" (November 14, 2016). CAA.
8. Tahirali, Jesse (30 June 2016). "7 in 10 Canadians support
marijuana legalization: Nanos poll".
CTV News.
9. Skerrit, Jen; Lam, Eric (November 30, 2016). "Marijuana
producer jumps 356% as Canada's
investor pot frenzy intensifies". The Globe and Mail.
Bloomberg News. Retrieved 2 December 2016.
10. Cullen, Catherine (November 1, 2016). "Legal marijuana
could raise federal cash – but not right
away, PBO says". CBC News.
11. mīhī sponsored research (December, 2018), Ipsos Reid
12. Deloitte (2018). A society in transition, an industry ready to
bloom, 2018 Cannabis report.
13. Armstrong, Peter (November 27, 2017). "Merger madness:
Canada's marijuana industry enters
consolidation phase". CBC News.