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Seed banks in Europe are churning out numerous new cannabis strains each year. However, soon, these seed banks might face a revolution in the marketplace brought on by the act of legalization. Cannabis prohibition is not as prevalent as it was in decades past. Things are changing and the cannabis culture is being accepted by many Americans and people from all over the world.
These days, cannabis growers and owners of marijuana seed banks have so many different options to choose from.
There are so many seed banks that are springing up all over the world with a long list of seeds in their catalogs. Seed vendors might have been fortunate enough for their brands to be lodged in the minds of their customers, but they still face a budding danger as it relates to their businesses being intimidated by growing enterprises from Canada such as Canopy Growth, Aurora Cannabis and Tilray.
These companies are not wasting time, but forging ahead and taking on bigger mergers with seed banks that are currently developing new cannabis strains for the market. This gives them a competitive edge in a marketplace that has wild genetic dominance.
Stabilizing the Process
Instead of mother rooms and clone cutting, stabilized marijuana seed are a reasonable option. However, it needs market maturity and a scale, which does not yet exist. In terms of other crops that grow from seeds, there is a significant cost, advantages to infrastructure and pest mitigation. The time and costs related to stabilizing a large number of good characteristics would definitely work for all levels of cultivation.
It is very difficult to say how it is going to work out long term, but in the same way as it is with other things, people who can see the future prospect will be able to have a serious competitive edge once everything is in place.
The Cannabis Market
The cannabis market continues to change all over the world. There are new developments on a continuous basis when it comes to new applications of genetics. It is evident that change is happening fast in marijuana seed banks and in the industry at large.
In a few years from now, the crowd is going to get thicker as more companies merge to develop more new strains from various types of seeds. In Canada, you can grow your own marijuana strains. Growers in the United States are doing some of the same things; mainly for the love of the marijuana plant and then for supplying to the marketplace.
There will be a shift though in the near future and this will cause consequences that are irrevocable. This is especially true for seed banks, which have been in operation behind the scenes for decades without prying eyes, except for the cannabis growers.
As cannabis becomes more popular, it has become a medical and an agricultural commodity. This means that it is scrutinized more and there are more restrictions and control. In a lot of ways, this is not a bad thing since we no longer have to smoke strains that are heavily sprayed with toxic fungicide and pesticide.
In addition, there are no more risks to inhaling pathogens including mold. For all this comfort, though, the marijuana seed banks have to pay higher taxes.
Final Summary on Marijuana Seed Banks Face Changes Due to Prohibition
For small players in the cannabis industry, the idea of dealing with intellectual property laws can be quite scary. For larger companies, it is easier to take advantage of these laws and the financial obligations that go along with it.
To learn more about marijuana seed banks, visit the Cannabis Training University blog.