InvestorsHub Logo
Followers 14
Posts 1160
Boards Moderated 0
Alias Born 03/25/2014

Re: GreenReality post# 28109

Sunday, 02/26/2017 3:58:55 PM

Sunday, February 26, 2017 3:58:55 PM

Post# of 32851
I agree, but if you do some math you will see we aren't going to the moon on a controlled substance license for testing. I thought I was generous when I said $5k/week in revenue. How many LP's are there now, around 30+? Those 30+ companies have 18 labs to choose from. Competition means lower prices and lower margins.

The big money is pharma, like GW. Abattis needs to get their license amended for this step. I believe I posted the response from HC a while back. That process is not going to be helped my Rene's failure to operate like a legit company. Unfortunately it could still hurt that Withrow was Tweeting out overly optimistic messages like "almost there", which got his hand slapped and forced the big HC / CSE (?) warning letter.

The nutraceutical product line will face an uphill battle without the amended license for export. There are TONS of other companies in China and South Korea that sell pills that claim to help XYZ. They need to put CBD in there to stand out.

Best chance, IMO, is to get the license amended and sell out to an LP with deep pockets.

Either that or hemp water! LOL, HTH.