Flokk provides the compelling solution for ranchers to secure compliance with imminent traceability regulation. This will secure the market share necessary for Flokk to rapidly grow revenue through brokering the relationships necessary for ranchers to realize sustainability incentive revenue.
Flokk’s strategy advanced significantly with publication by the Canadian Food Inspection Agency (CFIA) of “What we heard report - Consultation on proposed changes to Part XV of the Health of Animals Regulations (Identification and Traceability), Canada Gazette Part I”.
We invite you to read our detailed response, where we respond in detail to the items Flokk is positioned to resolve or enhance.
The highlights of our response:
Of the four “Elements not well supported” that impact cow/calf ranching, Flokk resolves all of them.
From the report:
“The CFIA anticipates publishing the final amendments in the Canada Gazette, Part II in 2024.”
Final hope for those skeptical mandatory animal traceability would come to pass was extinguished when the NDP accepted the pharmacare plan, sustaining the Liberal/NDP confidence-and-supply agreement and ensuring no Federal election before 2025.
We have heard from several reliable sources the soft launch will be mid 2025, and the hard launch (i.e. penalties applied for non-compliance) sometime in 2026.
Successful bureaucrats finalize the regulations they want, then write the report that justifies them. Publication of this report is reliable evidence the amendments are finalized, will be published sooner rather than later, and are inevitable.
From the report:
“Industry and consumers have both indicated that they want CFIA to deal effectively and consistently with instances of non-compliance. This involves issuing administrative monetary penalties (AMPs) as notices of violation with warning or with financial penalty (emphasis ours), depending on the nature of the violation.”
There will be significant financial penalties imposed on ranchers who fail to comply with the regulation.
Avoiding financial penalty provides a compelling incentive for cow/calf ranchers to subscribe to Flokk to ensure compliance at minimum cost, disruption, and effort.
We would appreciate the opportunity to answer any questions you may have about participating in our current $1.2M financing round which will fund product manufacture and execution of our marketing strategy.
Come join us!
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