Entourage Health Corp. reported a net loss and comprehensive loss of nearly $8.4 million from $13.6 million in revenue and $9.5 million in net revenue for the three months ended September 30, 2024 (Q3 2024).
Revenue was up from the previous quarter (Q2 2024) and the same quarter in the previous year (Q3 2023), which the company says is primarily due to an increase in bulk B2B sales.
The company sold nearly twice as much cannabis at twice the price compared to the same quarter last year. Kilograms equivalent sold rose by 59% to 6,246 kilograms compared to Q3 2023, while the weighted average cost per gram of inventory on hand increased by 93% from $0.58 to $1.12.
Net loss and comprehensive loss were also down from the previous year Q3 2023, and the previous quarter, which the company attributes in part to a recent increase in its adult use sales with the introduction of new products and operational enhancements.
Of the $9.5 million in net revenue, $3 million were medical sales, $5.5 million were adult-use sales, and about $1.1 million were bulk sales. Medical sales were down year-over-year by 7%, and adult-use sales declined by just 1%. There were no recorded bulk sales in the same quarter in the previous year.
The company says the decrease in medical sales is due to lower patient renewal rates and reduced basket sizes, which it says is consistent with seasonality experienced in previous years.
The average selling price per gram for medical sales was $2.85 in the most recent quarter, $1.91 for adult use sales and $0.46 in bulk sales. The average selling price for medical use was up 5% and down 5% for adult use year-over-year. The average selling price (net of excise taxes) per gram declined from $2.23 in Q3 2023 to $1.53 in Q3 2024.
The company attributes the overall decline in the selling price for adult-use cannabis to the higher proportion of sales in its value-focused Dime Bag brand.
“Our increase in net revenue for Q3 reflects the success of our strategic shift into different markets, allowing us to diversify and tap into new opportunities,” said Vaani Maharaj, CFO of Entourage. “While the adult-use and medical segments faced shifts in market dynamics, initiatives like the launch of our Dime Bag value brand are helping us address evolving consumer needs and expand into new segments. These efforts demonstrate our adaptability and commitment to growth in a competitive industry.”
The company’s selling, general and administrative expenses, including salaries and benefits, dropped by 32% year-over-year.
The company sells under the brands Color Cannabis, Saturday Cannabis, and Dime Bag, and under Starseed Medicinal in the medical cannabis stream. It also sells products under its health and wellness brand Syndicate Cannabis.
As of September 30, 2024, Entourage held adult-use distribution agreements in Ontario, Quebec, Alberta, Manitoba, Saskatchewan, and British Columbia. The company sells dried cannabis flower, pre-rolls, vapes, cannabis oils, topicals, edibles, and a “micro inhaler”.
Entourage is now producing over two million cannabis pre-rolls per month.
The Alberta Gaming, Liquor and Cannabis (AGLC) has made amendments to its Retail Cannabis Store Handbook and the Cannabis Representative Handbook Cannabis.
In a November 28 bulletin, the provincial cannabis regulator noted several updates to the two relevant handbooks to cannabis retailers and registered cannabis representatives. AGLC is responsible for overseeing relationships among cannabis suppliers, cannabis representatives and cannabis licensees.
One change allows cannabis retailers to now use their secure cannabis rooms for more than just the storage of cannabis, and another allows cannabis stores to now sell lighter fluid refills. The policy that previously didn’t allow the off-site sales of non-cannabis items has also been removed.
The rest of the changes are related to advertising and promotion, primarily to create more clarity of existing policies.
For example, cannabis suppliers, cannabis representatives and licensees are now specifically responsible for ensuring their advertising, including any advertising conducted jointly or by a third party, complies with all legislation and these policies.
Other changes/clarifications include:
Advertising may not include content that displays or identifies a cannabis product or accessory.
The definition of “Product Promotion” now includes activities not only within licensed premises.
Clarification on how cannabis representatives and retail cannabis store licensees are permitted to promote cannabis products.
Promotion outside of places where persons under the age of 18 are prohibited from entering by law must: a) be directly communicated (i.e. mail-outs, email, etc.) to an individual, by name, who has been confirmed to be 18 years of age or older; or b) include reasonable steps in online promotion to ensure that persons under the age of 18 cannot access the promotion (i.e., age verification)
Free cannabis or cannabis accessories are now prohibited in the promotion of cannabis products and accessories (this does not apply to sampling to retailers).
The Société québécoise du cannabis (SQDC) is adding vaping products to its product offering, but consumers will have to wait a year or so to buy them.
In an information note to all suppliers posted on November 28, the provincial cannabis wholesaler and retailer says it has decided to finally allow the sale of vape products in order to provide a lower-risk alternative to Québec customers compared to unregulated vape products that are easily purchased across the country.
The SQDC company will hold an online meeting on December 10 to explain to suppliers its requirements for batteries and cartridges. To ensure products comply with regulations and that the new process goes smoothly, the SQDC says it is giving itself approximately one year before beginning to sell these products.
“In a year or so, Québec consumers will have access to quality regulated products, will know exactly what they are inhaling and will be guided by knowledgeable trained advisors,” reads the bulletin, in part [translated].
The new category will be introduced gradually, with an initial rollout of around 20 products.
The SQDC will hold two separate product calls, one for batteries and the other for cannabis vape cartridges. The first online meeting on December 10, 2024, will also be the opening date of the battery product call, with an end date of January 31, 2025.
The SQDC will then open up a product call for cannabis vape carts on March 31, 2025, which will end on April 25, 2025.
The planned start of sales will be fall 2025.
Despite a provincial ban, a quarter of cannabis-using Quebecers report using cannabis vapes, according to a survey from the Institut de la statistique du Québec (ISQ) in early 2024. Twenty-five percent of Quebecers who reported consuming cannabis in the past year said they have vaped it.
Quebec banned cannabis vape pens in 2019. Since there is no legal source for cannabis vapes in Quebec, residents told ISQ that they sourced their vapes from family and friends, from legal sources in other provinces, from illicit suppliers, and/or online. Newfoundland and Labrador had also previously banned the sale of cannabis vapes but began allowing them in 2022.
The survey results come from the 2023 Quebec Cannabis Survey (EQC), collected between February and July 2023 from 13,209 people. The first results from the survey were released in October 2023.
Most Quebecers who consume cannabis do so by smoking it (81%), while 31% reported using edibles and 23% consuming oral cannabis drops such as cannabis oils. These oils have the same active ingredient as in cannabis edibles.
About three-quarters (71%) of Quebecers over the age of 15 who consumed cannabis in the last year reported getting at least some of their cannabis from legal stores in Quebec (SQDC).
November 30th, 2024, is Small Business Saturday, an initiative encouraging people to support local restaurants and retailers and keep their money close to home. With the holidays approaching and many people shopping for gifts, the campaign is timely. But eating local food, shopping locally, and supporting small businesses are things we should strive to do year-round!
Why Shop Small and Local?
Over the last several years, I have made a point of shopping locally when looking for gifts or things for the house or my family. From food items and clothing to pottery, plants, jewelry, and soaps, I always feel better about purchasing quality items I know were made and sold close to home.
We needed to shop locally when the global pandemic caused widespread supply chain issues. Small businesses supported us through challenging times, and keeping our money with them is a trend that needs to continue because it offers many benefits.
Small Business Saturday is celebrated worldwide on various dates around the holiday season. TheCanadian Federation of Independent Business (CFIB) runs a campaign highlighting the many benefits of supporting small and local:
Love Local
According to a CFIB report calledSmall Business, Big Impact: Small Retailers’ Local Contributions, 9 out of 10 people value having local businesses in their neighborhoods. There’s a nostalgic feeling associated with getting to know your farmer, butcher, barista, or seamstress. Building relationships with others makes life more enjoyable, and when you support locals, you show them love.
Keep Dollars Close
When you support local businesses, your dollars stay close to home, and everyone in the community wins! The CFIB report finds that 66 cents of every dollar spent at a small business stays in their neighborhood. This leads to more local jobs, sponsorships of local clubs and teams, and better community infrastructure. Shopping online from big box retailers doesn’t carry any local economic benefit, except for a delivery person.
Make a Difference
As many of us look for ways to reduce our climate footprint, part of the solution is right in front of us: shopping local. Eating locally grown food supports a small farmer and offers consumers more nutritious selections that don’t carry many food miles. The same can be said for everything produced locally. The CFIB says shifting a small portion of our spending away from major retailers makes a big difference!
Discover Hidden Gems
I have always found local products from small businesses to be better quality than anything I’ve purchased from a big box store. Local artisans put love, time, and energy into their products to keep their local customer base happy. They sell unique items because they don’t participate in mass production and often offer specialized advice that can help with longevity and proper care. For example, my favorite local plant shop has gone as far as to look at photos of my living room to help me choose the right houseplant for my space. That’s service! Small businesses offer a personal touch because they get to know you.
Mobilizing For Small Businesses
When you get to know a local business and appreciate its products and everything else it offers, you’re more likely to recommend it to friends and family. The CFIB points out that these personal and positive reviews go a long way and serve the entire community. Be a champion for small businesses and tell people you know if you’re happy with locally purchased products!
Supporting Small Businesses: Time To Act
Finding small businesses and local artisans to support this time of year is easy. Head to your local Christmas market or mom-and-pop shop and make connections you can carry throughout the year.
“By failing to prepare, you are preparing to fail.” – Benjamin Franklin
Molds, pests, below par product and crop failure are just a few of the implications caused by a poorly designed grow room. To properly setup a professional grow space you need to first take it to the drawing board and ensure that these crucial steps are taken care of.
Room to grow?
The first step is to assess your growing space or facility by measuring everything and creating a floorplan of the area. It is important at this point to mark down everything about the area that you will be growing in such as water hook ups, power supply, ventilation, and drainage if you have that already situated.
If your room or facility requires these services still that’s fine, in this case its best to re-visit this once we have a plan in place so we can have the services installed exactly where we want them. If you are starting from the ground up just skip this step and move on.
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End goal?
Of course, you want to set up a successful grow space, but what is your end goal? If it is to grow your legal amount for personal consumption, medical reasons or you are starting a commercial recreational facility for profit this needs to be incorporated into the planning at this point.
We also want to make sure the grow area is purpose built, meaning if you are growing for extractions, or setting up a vertical farm that we incorporate the right grow systems, lighting, and floorplan.
Diagram by 4trees owner, Daniel Vaillancourt
Budget
Before we dial in the best grow systems and equipment to install into your new grow room its important to go over your budget for this project as this will greatly determine the equipment and amount used.
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Make sure to think ahead when you consider your budget and equipment as it may seem cheaper to get into this by just outfitting as much cheap stuff as possible, when that can cause a lot of problems down the road. Its often better to start smaller with good equipment and a proper functioning room and then work your way into a larger space if that works better for your budget.
LED lighting at 4trees
Lighting
While a good LED grow light is ideal due to their high PAR values being closer to the plants, cool operating temperature, and reduced electricity consumption they do cost roughly twice what a 1,000w HPS light and ballast costs. This comes with immediate savings in HVAC needs and energy consumption though so consider everything and try to think about costs down the road.
CMH or HPS lighting will require the bulbs to be changed often so keep this cost in mind with them. The bulbs will look okay still at a glance but when looking through a PAR meter they often tell a different story.
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LED lights generally last for 50,000 hours or more, while HID/HPS lighting typically lasts for 10,000 – 18,000 hours
LED lights can come with a plethora of spectrum options that are near impossible for other grow lighting options to mimic such as far red and UV that can be easily turned on or off. LED lights will also reduce your HVAC and energy requirements by roughly half compared to its 1,000w HID/HPS lighting counterparts making LED our first choice if your budget complies.
White walled cannabis warehouse with mature cannabis plants hung upside down. Photo: 4trees
Grow Systems
Choosing the right grow system is crucial to the quality of product, speed of growth and on-going maintenance of your grow. Just like LED lighting if you spend a bit more on an automated hydroponics system you will be rewarded with much less on-going maintenance opposed to soil, faster growth and larger more potent flowers.
Depending on the type of hydroponics system chosen you can also save up to 93 per cent of the water or nutrients being used in the grow as well.
Your end goals will also help you determine the best type of grow system to go with, if growing for extracts then large soil plants or deep-water culture hydroponic buckets would be great. Meanwhile if you are growing for flower production or in a vertical farm then rock-wool drain to waste style grow tables are ideal.
There are many types of hydroponics methods and soil mixes, all of which are adding oxygen and nutrients to the root-zone. With soils or hydroponics, we are always trying to add aeration and nutrients to help the roots thrive and have an easier time traveling through it. The biggest difference with hydroponics is the lack of resistance on the roots vs soil depending on the system of course.
Coconut husk although considered hydroponics will offer a similar growth speed as soil due to its dense nature. In general hydroponics methods such as drain to waste, deep water culture or aeroponics has a 3x – 4x speed and yield over soil grown plants due to the lack of root resistance as well as ability to dial in exact nutrient and temperature levels.
HVAC
Heating, ventilation, and air conditioning are all required for your grow space to operate properly. While your grow room will be heating up from the dehumidifiers and lights during its day cycle, you still need to have heaters to regulate nighttime temperatures.
Sealed grow rooms with no outside air exchange are ideal to not rob your room of CO2, introduce bugs or molds from outside or change your desired environment we still require some ventilation to be able to vent the room during cleaning or emergencies.
Because of this, ductless wall units are one of the best choices for indoor grow rooms.
Additionally, it is much cheaper to have ductless wall units installed due to their efficiency over time, initial cost and lack of trunk lines.
Rare landrace seed genetics. Photo: 4trees
Nursery
Every good functioning grow space has a nursery as well. In this nursery you should have your mother plants that you can clone from so you don’t need to take clones in from an outside source, and a cloning station where you can clone or spout seeds to start in your new grow.
Seeds are the preferred way to start in any clean new grow space so that you can pheno hunt the best strain and keep it for mother(s). If you have the space, it is ideal to have a small vegging area in your nursery as well so that you can pre-veg them prior to putting them in the flower rooms. The veg area can be joined with the nursery as it will be on a veg cycle as well (18 hours daylight, 6 hours nighttime) as well as require the same humidity and temperature levels.
Environment
Aside from HVAC, we still need to keep the air moving in the room, add c02 and keep the right humidity levels depending on the plants stage. Ensure to hang lots of wall fans and floor fans to keep canopy and under canopy air circulated. You may only need a few fans in the room when the plants are young but as they mature, and the canopy gets thick you need much more wind power to move through them.
Ensure that you not only outfit your flower rooms with dehumidifiers but also humidifiers so you can adjust the environment both ways as required depending on stages of growth (Although your nursery should only require a humidifier).
Floor plans Photo: 4trees Cannabis Building
Planning the grow space
Now that you have the preliminary planning and end goals completed its time to plan the grow area. If you are starting a build from the ground up that’s great too, a blank canvas is always nice. Be sure to contact a professional for the setup of your floorplan if growing recreationally as there are more strict guidelines for rooms incorporated and general floor-planning.
Start by incorporating your grow systems, then layout your lighting to be able to cover all the grow systems adequately. After your grow systems and lighting are planned then you can plan out the right amount of dehumidification, c02 and fertigation.
We must also consider the end goals when planning the room(s), if growing for extractions then a smaller plant count with large plants is ideal to create lots of sugar leaf.
If you are focusing on high quality flower production, then a high plant count with smaller plants is idea to create lots of top focused flowers.
A vertical grow space will of course require high ceilings and it will be subjected to a certain group of hydroponics or soil grow systems that would be ideal for that type of growth and maintenance. If growing on a larger scale indoors then it is recommended to stay away from soils as they can be very labor intensive, messy and harbour bugs or molds.
Grow systems: Plan these first considering budget and end goals
Lighting: Plan lighting according to grow systems
Dehumidification/ Humidification: Ensure you have proper dehumidification according to the size and number of plants in the room (not room size) and do not forget humidifiers.
C02: Add cold c02, or mushroom bags depending on the size of the room (propane c02 burners are not ideal but do work as well)
Nursery: Depending on the size of your grow or facility your nursery may not need to be very large, but this is necessary for a well functioning grow space.
Fertigation or Irrigation: Irrigate your plants so they can be automatically fed or go the extra mile and add automated fertilizer applications to your feed.
HVAC: Incorporate your HVAC last so you can include all the heat from the dehumidifiers, lighting and other heat generating equipment and size the equipment properly.
4trees Cannabis Building
Construction
When building your grow room(s) you do not want any wood or cloth in the room that can absorb bacteria.
Walls and ceilings should be covered in either PVC wall panels or liners to keep a sterile environment that is easy to clean.
Your sprays or humidity will not affect these walls or ceilings by allowing moisture to be absorbed or bacteria to hide. If you must have exposed wood in your grow room its recommended to paint with an anti mold paint.
When constructing the growing area its best to start from the top and work your way down, taking care of the poly or PVC wall panel installation, then lighting and anything hanging from the ceiling, followed by the walls, wall fans and then finally the grow systems and irrigation.
The proper setup of a grow space is essential to your success. This is not only due to the quality of your product but also the performance of your grow facility. Its important to look down the road at your ongoing expenses like hydro, equipment costs or fertilizers used. Setting your grow space up with sustainable practices such as solar, hydroponics or recapturing water expelled from your plants can save the planet and your wallet so be sure to think hard about how you build your next grow.
Ayurcann Holdings Corp. reported a net loss of $356,711 from $14.8 million in gross revenue and $8.3 million in net revenue for the three months that ended September 30, 2024 (Q1 2025).
This represented a 25% increase in gross revenue compared to the same reporting period from last year (Q1 2024). The company’s net loss in the most recent quarter was a significant improvement on the $2.7 million loss the company reported in the previous quarter ended June 30, 2024, but an increase from the $208,999 loss reported in the same period in the last year.
Excise fees for the three months ended September 30 were nearly $6.4 million. Most of the company’s product sales were B2C ($14.1 million) while B2B sales were $188,566.
As of the three months ended September 30, 2024, the company’s accumulated deficit was $14.7 million, primarily due to a reverse takeover reverse-takeover transaction from 2021.
Ayurcann was the number one producer of vapes in Ontario and a top five pre-roll manufacturer by volume in Ontario during the most recent reporting period, based on data from Hifyre IQ and the Ontario Cannabis Store Data, respectively.
“Our business model and disciplined execution have enabled Ayurcann to expand both locally and nationally,” said Igal Sudman, Ayrucann CEO in a press release. “By focusing on innovation, building strong partnerships, and growing our signature brands—such as Fuego, Xplor, Xplor LevelX, and Happy & Stoned—we continue to deliver consistent quarter-over-quarter growth. Our vision remains clear: to become a dominant player in the cannabis industry.”
The company has also announced the appointment of Yisroel Zuchter as Ayurcann’s new CFO, replacing Roman Buzaker, effective December 2, 2024. Buzaker will remain the company’s President, COO, and a director of the Company.
In a recent investor presentation, the company says it has over 70% Canada-wide store penetration, with products in Ontario, Alberta, BC, Saskatchewan, Manitoba, New Brunswick, and Yukon with over 80 unique SKUs. Over half of the company’s sales (55%) were in Ontario.
Ayurcann recently reported a nearly $4 million net loss for its year-end fiscal filing.
Health Canada’s cannabis program will see about $20.5 million in cuts over the next three years as part of the federal government’s goal of finding some $15.8 billion in savings over five years under its ongoing “Refocusing Government Spending” initiative, reports the Hill Times.
The cuts to Health Canada’s cannabis program constitute the largest made in order to reach the budgetary goal. Health Canada’s pharmaceutical drugs programs and management and oversight services will also see millions in reduced spending.
In Budget 2023, the federal government announced the “Refocusing Government Spending to Deliver for Canadians” measure with a goal of reducing the pace and scale of growth in government spending back to a pre-pandemic path.
The Hill Times’ reporting comes from recently tabled House of Commons documents showing cuts to federal programs from affordable housing to vaccines, the Department of National Defence, and more. The tabled documents are in response to a question from Peter Julian, the NDP MP for New Westminster—Burnaby, BC.
The cuts were first announced as part of Budget 2023, which announced a goal of refocusing $14.1 billion over five years from different government organizations and $1.3 billion over five years from enterprise crown corporations.
The 2023 Fall Economic Statement announced that the government will extend and expand its efforts to refocus government spending in the amount of $345.6 million in 2025-26 and $691 million ongoing.
The Public Safety Portfolio is contributing a total of $141.1 million to refocusing government spending through the 2024-25 Main Estimates. Ongoing savings total $247.3M for the portfolio.
In response to a request by the Standing Committee on Government Operations and Estimates, the Office of the Parliamentary Budget Officer issued a report that provides an overview of the $500 million in announced reductions in spending on consulting, professional services, and travel for 2023-24 proposed in Budget 2023.
The report identified $179,000 in savings from Health Canada’s cannabis file, which it said would have no impact on service levels.
The Public Service Alliance of Canada has expressed concern at the scope of the cuts, which it says will open the door “for departments to slash permanent employees through Workforce Adjustment.”
In Health Canada’s 2023–24 Departmental Plan, a decrease in planned human resources (full-time equivalents) and a decrease in planned spending in 2025-26 arein part from the expiry of budgetary authorities for the renewal of the federal framework for the legalization and regulation of cannabis in Canada.
CanadaBis Capital Inc, the parent company of cannabis brands like Stigma Grow and Dab Bods, reported a positive net income of $600,285 for the year ended July 31, 2024, from consolidated gross revenue of $30.4 million.
The bulk of the company’s annual gross revenue in its most recent fiscal year came from the sale of cannabis extracts, for a total of $24.3 million. The company also reported nearly $6 million in gross revenue from its cultivation and wholesale businesses, and $152,530 from its retail operation, the INDICative Collection, located in Red Deer Alberta.
INDICative is now listed as closed and was removed from the list of authorized cannabis retailers in Alberta in December 2023. The same location is now a Rocky Mountain Cannabis.
Gross profits from its cultivation and wholesale business were $721,053. At the same time, the company reported a $4,961 loss from retail and $8.1 million in gross profits from its cannabis extracts sales, for a total of $8.8 million in total gross profits for the year.
Extracts sales were attributed to the company’s introduction of new high-potency THC products under the Dab Bods brand.
CanadaBis sold over 1,800,000 units of combined concentrate and dry flower for the year ended July 31, 2024, a 6% increase compared to the 1,700,000 units sold over the comparative period in the previous year.
“As we close out fiscal 2024 with a positive net income, we are encouraged by the momentum we have built and the opportunities that lie ahead in the coming fiscal quarters,” said Travis McIntyre, CEO of CanadaBis Capital. “The financial performance for fiscal 2024 reflects both the growth we’ve experienced and our ongoing efforts to control costs through strategic purchasing and operational efficiencies. We are pleased that product diversification has proven effective, and we are confident that these strategies will continue to drive long-term success for our company.”
CanadaBis Capital’s integrated subsidiaries are Stigma Pharmaceuticals Inc. (100% held), 1998643 Alberta Ltd. (100% held), Full Spectrum Labs Ltd. (100% held), 2103157 Alberta Ltd. (100% held), and Goldstream Cannabis Inc. (95% held). Brands under the Stigma Grow label include Dab Bods, Black NGL, White NGL, and High Priestess.
In late March 2024, the company’s stock, which trades under TSX-V:CANB, dropped from $0.22 a share to $0.11 in a matter of a few days.
MTL Cannabis Corp brought in $1.3 million in net income from $26.4 million in total revenue for the three months ended September 30, 2024 (Q2 2024).
This represented an increase in total revenue from the previous quarter ($25.8 million in Q1 2024) and the same quarter in 2023 ($24.2 million in Q2 2023). However, the company saw net income drop from $2.2 million in Q1 2024 and $3.4 million in Q2 2023, the latter representing a 63% year-over-year decline.
The company incurred nearly $5.6 million in excise tax in the most recent quarter.
As of September 30, 2024, MTL had an expected yield of 562 grams of dried flower per plant, up from 548 grams as of March 31, 2024. The estimated selling price was $1.79 per gram of dried flower as of September 30, up from $1.76 in the previous quarter. The cost to complete and sell a gram of cannabis was $0.80 per gram dried flower in the most recent quarter, down from $0.87 in the previous quarter.
“We are immensely proud of our record-breaking results this quarter, demonstrating momentum in our strategic growth and ability to deliver sustainable value for shareholders,” said Michael Perron, CEO of MTL, in a press release. “These results reflect the high quality of our team and their efforts to deliver the best products and services to our customers and medical patients.”
MTL is the parent company of: Montréal Medical Cannabis Inc., a licensed producer operating from a 57,000 sq ft licensed indoor grow facility in Pointe Claire, Québec; Abba Medix Corp., a licensed producer in Pickering, Ontario that operates a leading medical cannabis marketplace; IsoCanMed Inc., a licensed producer in Louiseville, Québec, growing best-in-class indoor cannabis in its 64,000 sq. ft. production facility; and Canada House Clinics Inc., operating clinics across Canada that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions.
As of September 30, 2024, MTL now has an estimated total production capacity of 19,500 kg per annum after recently completed retrofits and expansions of both Abba and ICM, representing an additional estimated 2,500 kg and 8,000 kg, respectively.
In addition to selling cannabis products in the Canadian medical and non-medical “adult use” market, MTL has established export channels into Germany, Australia, Poland, Portugal, and the UK. The company says it has completed several shipments focused on the German market.
Dried flower, pre-rolls, and hash products represent more than 70% of MTL’s sales in both the Canadian and international markets.
I’d like to start off this foreword by reflecting back to you, at least in my opinion, how fortunate—indeed, blessed—you are to have come across this book. These are authentic teachings, transmitted by realized teachers, whose sole purpose is to help liberate us from our mind-created prison and awaken us to our true nature so we can remember who we actually are.
The teachings contained in this book are not abstract theories or mere speculations; they are pure, unmediated instructions on how to realize our true nature that have been passed down through an unbroken lineage of enlightened masters going back thousands of years, to Shakyamuni Buddha, and to Guru Padmasambhava, the great eighth-century siddha regarded as the Buddha of our age, who concealed these teachings as a mind treasure, or terma, to be revealed at a later time when conditions are right. That time is now.
These teachings undo one little but enormously consequential mistake that all but the most enlightened among us unconsciously make: in essence, as if falling under a spell, we have succumbed to the chronic habitual pattern of contracting against our own light and clinging to a false sense of a separate self, and this has fed a sense of lack and scarcity and a kind of existential insecurity about who we truly are. This is a form of grasping, a holding onto and becoming attached to the way our conditioned mind thinks and believes things—including ourselves—exist. It is a pattern that we continuously enact beneath our conscious awareness, which means it is rendered unconscious. Unless illumined and seen through, this dynamic develops into what in Buddhism is called “ego clinging.” As a result, we invest much of our precious life force in identifying with, defending, and protecting this fictitious identity, this separate egoic self that doesn’t even exist in the way that we’ve been imagining it does. As if weaving a cocoon around our own true nature, we unwittingly suffocate ourselves by identifying with this self-created egoic illusion, a process that endlessly generates a whole host of other illusions that become mutually self-reinforcing. No one is doing this to us—we are doing this to ourselves. This is the essence of the madness that afflicts the human species.
This is a great danger that Western psychiatrist C. G. Jung warned us about—to mistakenly identify with what he called the “fictive personality,” a process that informs and gives shape to the collective insanity that is currently being enacted all over the world. This idea is supported by the revelations of quantum physics, which has been described as “the crowning intellectual achievement of the last century.”* In essence, the wisdom that has been unlocked in discovering the quantum is comparable to the insights that the spiritual masters of the East have already realized. The teachings that Venerable Khenchen Palden Sherab Rinpoche and Venerable Khenpo Tsewang Dongyal Rinpoche, affectionately known by their students worldwide as “the Khenpo Rinpoches,” are offering here transcend time, place, and culture and are truly universal. And even though Khenchen Palden Sherab Rinpoche passed away in 2010—notably only weeks after his final teachings, which are found in this book—his wisdom and compassion permeate the three times. His reincarnation, Khenchen Yangsi Rinpoche, was found in 2016 (the term yangsi is used to refer to the reincarnation of a master).
The dynamic that fuels the ongoing creation and maintenance of this false identity, whose origin and cure is to be found nowhere except within our own minds, drives us into a state of delusion in which we become disoriented and deranged, thereby obscuring the awareness of our true nature. These teachings reveal us exactly as we are, which is to say they reveal our true nature, which is always with us and is already liberated. They help us open our spiritual eyes so that we can finally see, thus healing the chronic, self-induced psychospiritual blindness that afflicts our species.
I have had the honor of knowing and studying with the Khenpo Rinpoches for about forty years. Connecting with these masters has truly been one of the greatest blessings of my life. After meeting the Khenpos I remember feeling so incredibly fortunate, like I had won the lottery a trillion times over. Not quite able to believe my good fortune in finding beings like the Khenpos living in the middle of the samsara that is New York City, I took full advantage of their availability, trying my best to do the practices they taught, which literally transformed my life, leading me to find both my vocation as well as myself. I feel true joy and happiness in being able to share with you what has helped heal and transform my own life.
When I first met the Khenpo Rinpoches in 1984, I was going through a particularly difficult time in my life. They never turned down my seemingly endless requests to meet with them (typically every week), offering me support in every way they possibly could, even going out of their way if they thought it would help. At a meeting with some of my fellow students years later, I shared how the Khenpos had quite literally saved my life. I quickly realized that I wasn’t the only one in the room whose lives they—and their teachings—had saved. The teachings they offer—the nectar of Dharma—can be likened to life-giving oxygen for the soul.
I am of the opinion that one of the Khenpos’ siddhis, which can be conceived of as being superhero powers that are the result of realization, is their incredible ability to teach and transmit the Dharma. I have personally received teachings from great masters of many different traditions, but have never received such direct, embodied, psycho-activating transmissions—as if from one heart and mind to another—as when the Khenpos teach the Dharma. The Khenpos are considered to be two of the greatest scholar-practitioners in all of Tibetan history. In my mind they are the personification of the archetype of the enlightened teacher in human form. I think of them as a two-headed bodhisattva whose sole raison d’etre for being on this planet at this time is to help humanity wake up and remember who we are.
Years ago, when the Khenpos were visiting me in Portland, Oregon, I set up teachings for them that I had advertised as “teachings and transmissions.” As we were driving to one of the venues, I reminded them that they were not only to give a teaching, they were also supposed to give a transmission. As soon as I said this, the Khenpos broke into hysterical laughter. I immediately “got the transmission” and realized the absurdity of what I had just said. Because they had so consciously integrated and realized their own true nature, their very physical presence, along with their teachings, was the transmission! In other words, they so embodied the Dharma teachings about our true nature, which is all about love, compassion, and wisdom, that they effortlessly and naturally could transmit their realization in each and every moment. In essence, the Khenpo Rinpoches had become transparent to the divine light that shines through all of us—what they call “the sunlight of our inborn nature of primordial wisdom.” The light of this realization is available to each and every one of us if we but have the eyes to see.
I’ve had other lamas who knew the Khenpos tell me that in Tibet they are thought of as living buddhas. The word buddha means one who has awakened to the dreamlike nature of reality. This is to say that a buddha is someone who has awakened to the empirical reality that this universe is a shared collective dream that we—all of us—are dreaming into material form moment by moment. To the extent that we are asleep to our true nature, however, we are instead using our innate power to create our experience against ourselves instead of in service to ourselves. Awakening to the dreamlike nature of ourselves and our situation and discovering our true nature is the medicine needed for the collective insanity that ails our species.
Though Khenchen Rinpoche left his body in 2010, his living spirit comes through the teachings in this book so strongly that it is as if he is fully present with us as we read his words. These very teachings are a form of his subtle body and spiritual legacy that he has left behind for our benefit. There is a sense that linear time has collapsed between the time when he gave these teachings and this very “now” moment. In reading his words, we are—potentially, depending on how open we are—receiving a living transmission directly from his realization into our minds.
The Khenpo Rinpoches are masters of our times, two holders of the Dzogchen (“Great Perfection”) lineage, which is considered to be the supreme, ultimate, and simplest path to liberation in the Buddhadharma. I am of the opinion that the arrival of Dzogchen teachings in the West is the most profound spiritual event that has happened in our world in two thousand years—an event that has as its scientific equivalent the emergence of quantum physics in the early twentieth century. The Dzogchen teachings are not ordinary Buddhist teachings. Dzogchen is not an ordinary practice, and yet it couldn’t be more natural. Because of their psychospiritual power, these teachings were kept secret until relatively recently. Like a time-released hidden treasure, or terma, these teachings are being revealed and shared at the exact moment in time when they are most needed by the world.
In Dzogchen, there is nothing to purify, nothing to transform, nothing to liberate, nothing to exorcise, and literally nothing to do other than recognize and then rest and abide in our true nature. One morning over breakfast, as if giving me a personal transmission, Khenchen Palden Sherab Rinpoche simply said to me, “My one practice is to not get distracted.” This is Dzogchen in a nutshell: recognize our intrinsically pure nature and don’t forget it. This is true anamnesia (the opposite of amnesia)—an “unforgetting” not of a past historical event, but a remembering of something timeless that partakes in the eternal that exists within each of us in every moment.
Dzogchen, the “Diamond Vehicle” (vajra translates as “diamond”), is the pinnacle of the Vajrayana tradition and is also known as “Tantrayana.” In laying the foundation for the realization of our true nature, practitioners of this tradition do practices such as reciting mantra and visualizing deities, thereby engaging their body, speech, and mind. Though the countless variety of tantric deities looks just like the polytheism of old, these deities are not seen as external figures that the practitioner believes in and worships, but rather are understood as representing the diverse qualities of the enlightened mind. To use the language of psychology, these various deities symbolize the multifaceted archetype of the Self, our own deepest and most true nature.
In tantra we focus our attention on the archetypal image of the deity and identify with it in order to arouse the awakened aspects of ourselves, bringing these qualities into our present reality. In these visualization practices, the practitioner is instructed to not just see the visualized deity that symbolizes our enlightened nature as being outside of and separate from ourselves, but to merge with the essential qualities of the deity, thereby identifying with the deity to the point where we creatively imagine ourselves as being the deity itself. This is why tantra is also referred to as “deity yoga.” In doing so, we are tuning in to and helping to bring forth in ourselves what the deity symbolically represents—the part of us that is already healed, whole, and awake.
Some of these deities are in sexual union—called yab-yum—which can easily mislead the uninitiated reader to mistakenly think Buddhist tantra is about sexual techniques, without realizing that these tantric deities represent the union of opposites, the coming together of the masculine and feminine parts of ourselves. This is none other than the hieros gamos of alchemy, the sacred marriage, which symbolizes the wholeness of our being. The practice of tantra is a powerful method to swiftly attain the state whereby we can serve and be of maximum benefit to all beings. Tantra helps us realize that the peaceful and wrathful deities mentioned in the title of this book—which we will invariably encounter in what is called the bardo of death—are ultimately nothing more than projections of our own mind. Once recognized as such, these deities reveal themselves to be the very means for our liberation. In essence, tantra is all about helping us wake up and become lucid in the dream of waking life.
These practices help us realize that our very sense of identity, being a function of our creative imagination and a construct of (i.e., something constructed by) our mind, is malleable. In our evocation, visualization, and identification with the deity, we are not merely creating a fabrication, imagining something that doesn’t exist or isn’t real, but rather through an act of creative imagination we are skillfully getting in touch with and becoming familiar with our always available and already existing enlightened nature. The view of Vajrayana is that within our deepest selves we are already perfect, complete, whole, and enlightened. These visualization practices are a way of dissolving our limited conception of ourselves in order to get in touch with—and embody—who we truly are, our buddha nature.
At the end of the visualization practice we are instructed to dissolve the visualization of the deity as ourself, for this can easily become a subtle form of ego-clinging and inflation, at which point we have arrived at the doorway to the state of Dzogchen, the open-ended, spacious emptiness and intrinsic freedom of our true nature. These visualization practices are thus the skillful means by which we creatively and consciously engage with the natural projective tendencies of the mind. On the one hand, projections in our day-to-day lives create separation between people. Our unconscious projections on others, for example, get in the way of our seeing them as they really are. In Tibetan Buddhism, visualization practices consciously take advantage of our natural tendency to project the unknown parts of ourselves outside of ourselves. Just as psychology teaches us to withdraw our unconscious projections and find their source within ourselves, in these visualization practices we are instructed to recognize that the visualized deity is, like a mirror, reflecting back to us the awakened part of ourselves. We are invited to own and step into what the deity is symbolically revealing to us, a process that helps us deepen our intimate connection with our awakened nature, which has always been with us.
The Khenpo Rinpoches lived through their own hellish, harrowing, life-and-death ordeal of escaping Tibet during the Chinese invasion in 1959. They were refugees in India for many years before coming to the United States in 1984, which is to say that the Khenpos have known and experienced the suffering of samsara firsthand. Talking about their status as longtime refugees, the elder Khenpo, Khenchen Palden Sherab Rinpoche, one day said to me, “Everywhere I go is my home,” which is a perfect expression of having found the ultimate refuge of his true nature within himself.
The Dzogchen realization is said to “cure the disease of effort,” which implies that not only is there no effort involved in this realization, but that effort is itself the obscuration. Meeting the Khenpos makes this statement understandable, as they are always completely relaxed, at ease in the moment, just simply being themselves, living and being in the fullness of the natural state of what it is to be an authentic, openhearted human being. They are simply in service to the field of consciousness that we all share, modeling the very opposite of being anxious and stressed-out in a world gone mad. The congruence and coherence of their very being and the teachings they share offer us a doorway into that same state, a state that is always freely available to us. After all, it is our very nature that the Khenpos are effortlessly pointing to, reflecting at us, embodying, and transmitting.
The teachings contained in this book are pointing at the dreamlike nature of the universe while simultaneously being an expression of that very dreamlike nature at which they are pointing. As the Khenpos say again and again, “Everything is a dream.” They counsel us to deeply reflect on the dreamlike nature of our situation. Why? In their own words, “Because it’s really true.” From the perspective of the teachings, which reveal the dreamlike nature of our situation in this and every moment, you, dear reader, have dreamed up these very teachings so as to potentially awaken yourself! But as the teachings state, you have to implement, put into practice, actualize, and bring into the core of your heart these teachings in order for them to effectively reveal your true nature. And what is our true nature? To quote the Khenpo Rinpoches, “Our nature is love. Our nature is compassion. Our nature is intelligence. Our nature is wisdom. Our nature is beautiful, and we’re going to bring that up. This is known as ‘practice.’”
It is not an accident that these profound and liberating teachings you now hold in your hands have appeared within the waking dream you are currently having. From the point of view of the teachings themselves, this can only be because of previous virtuous activities on your part that have paved the way for you to connect with such wisdom. My only advice is to take full advantage of your incredibly good fortune. Receive the teachings into your heart and do the practice—bring up and share with the world your beautiful inner heart qualities of love and compassion.
I can only imagine how our world would be utterly transformed as more people take in and earnestly practice the teachings contained in this book. These teachings are quite literally the medicine that can heal our world. Change in our world, however, truly starts with the individual, with each one of us. As the teachings themselves point out, our life—just like a dream—is ephemeral and impermanent. Why not make the most of the precious opportunity that life in the form of these truly sacred teachings is offering to us? As the Khenpo Rinpoches say, “Now is the time to ignite our inner light.” What could possibly be more important than accomplishing what we are here to do—to realize who we truly are and let our light shine so that we can help others do the same.
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