Deepak Anand of Cannabis Compliance

2019 Canadian Cannabis Summit Speaker Feature – Deepak Anand

Get to Know: Deepak Anand

Deepak Anand

  1. Q: What company are you with, and what is your area of expertise?
    A: Cannabis Compliance Inc. We are a global regulatory compliance firm that assists applicants with licensing (Federal & Provincial). We also assist international government shape and develop policy and regulations in relation to Medical and Recreational Cannabis.
  2. Q: Where are you located?
    A: I am physically located in Vancouver, BC and our company is headquartered in Mississauga, Ontario.
  3. Q: What is your presentation topic at CCS 2019?
    A: Canada and the Global Markets – where are we and where are we going?
  4. Q: How did you first become involved in the Cannabis Industry?
    A: I got involved in the Cannabis industry 6 years ago. Before Health Canada was launching the MMPR (Marihuana for Medical Purposes Regulations), I setup an all encompassing industry association called the CNMMA (Canadian National Medical Marijuana Association).
  5. Q: Do you consider yourself a historic supporter of Cannabis, or a budding one?
    A: I have certainly been a historic supporter of cannabis.
  6. Q: Is there a common misconception about Cannabis you’d like to address?
    A:
    Yes, start low and go slow! Also, it isn’t a benign substance – whilst it might be safer than many other substances, it does have some associated risks that users should be aware of before consuming it, (like any other substance).
  7. Q: In your field, who are the benefactors of your products/services? Millennials vs baby boomers, etc.
    A: I would say both – all groups really.
  8. Q: The industry is already becoming a crowded one. Who do you believe will prosper and why?
  9. A: I disagree. I think the industry is just beginning to bloom. There are plenty of opportunities still. Those that look beyond the (investment) hype and aren’t looking to make a quick buck or those with serious business plans will be the ones who are successful.
  10. Q: What has been your biggest challenge thus far?
    A: One word – stigma. Plenty of stigma exists with the words Cannabis, Marijuana, Marihuana or Pot. Using or not using it aside, even being associated with it as a business or a profession has been rife with stigma. It’s a challenge I take on and am proud to help shed to a great extent.
  11. Q: What are your thoughts on the black market? Do you expect the black market to remain viable?
    A: Yes, it will. No one expected the black market to disappear on October 18th and it didn’t. Until the legal industry is able to sell the products currently offered by the black market, at a price which is competitive and has the ability and means to fulfill supply obligations to the various provinces/ territories, the black market will exist, (dare I say even prosper in the short term).
  12. Q: For those who may be against legalized cannabis, what knowledge would you like to share with them?
    A:
     The war on drugs has (clearly) failed! If society is using it and we have regulated it, let’s understand and encourage its applications on the medical side, at the same time try and determine its risks on the recreational side. Let’s not jump to any conclusions because of the previous stigma associated with it, which in many cases clearly hasn’t proven to be true!
  13. Q: What is your favourite Canadian Activity?
    A: Hockey!

We hope you enjoyed learning more about our 2019 Speaker.
Meet Deepak and other cannabis professionals May 30th-June 1st at the 2019 Canadian Cannabis Summit. Tickets are on sale now.
For more articles on cannabis, and the cannabis industry, please click here.

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