Following Canadian legalization in October, it became legal for adults in Ontario to grow up to four plants per residence. Before anyone could kick off their at-home cultivation, they’d need either seeds or clones. Until recently, both have been hard to come by.
Sure, there have always been illegal seed banks that mail marijuana starting materials around the globe, but many home-grow hopefuls avoided these in an effort to embrace the new legal framework and do things the right way going forward. The only issue was how incredibly difficult it was to find legal seeds.
This finally changed last week when cannabis seeds became available on the Ontario Cannabis Store. While many Ontarians were happy about the news, many were equally unhappy about the lack of selection and high prices. Based on the fact that the OCS is now sold out, neither price nor lack of selection deterred consumers from purchasing all of the inventory.
For its initial seed offerings, the OCS only carried one brand, Tweed. As an Ontario-based licensed producer and wholly-owned subsidiary of Canopy Growth Corp. (TSX:WEED) (NYSE:CGC), Tweed’s seed monopoly was a huge edge for the company with two popular strains up for grabs – Argyle and Bakerstreet.
Argyle, an indica-dominant hybrid strain identified by its dark green buds and orange hairs, has a near 1:1 ratio of THC to CBD. Having already been available in flower, oil, and soft gel forms, it comes as no surprise that these Argyle seeds sold out quickly, even at $60 CAD for a pack of four.
Bakerstreet, another indica-dominant hybrid strain, is high in THC and smells like juniper. Having already built up a big buzz in flower, oil, and pre-roll forms, it was even less shocking that high-chasers around Ontario lined up for $60 CAD 4-packs of Tweed’s THC-dominant Bakerstreet strain.
Since nobody wants male seeds, Tweed makes sure to note that “all four seeds are feminized” regardless of which strain you chose.
With each seed selling for $15 CAD, it is safe to assume that Canopy’s Tweed subsidiary made a good amount of money selling seeds last week. We’ll be interested to see what new seeds are available when the OCS re-stocks.
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