![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, December 01, 2016 7:51:51 PM
While the Germans are structuring their market with a lot of influence from the Canadian experience, and a similar set-up, apparently one key difference is that anyone with a doctors prescription for medicinal cannabis, can have it covered by insurance... so, on top of a market larger than Canadas, it will be considerably less expensive for patients. He seemed to imply also that their might be broader acceptance in the medical community there, though maybe I read too much into a comment he made about obtaining prescriptions.
Germany seems to be where we were in 2014... but it sounds like their regulations will be implemented imminently, and CGC, and possibly a few of its Canadian peers, are ready to hit the ground running. It does sound like we have a bit of a head start there too.
This German market could double our medical market... that's a tremendous bit of business to pursue while building and positioning for domestic rec' whenever it arrives.
BK was somewhat bearish on the timing of when rec sales will actually begin here, though I don't share his pessimism. He had some great observations on why large scale branded production is the best way to combat the black market - and I think he may underestimate the government's resolve to get down to business tackling the black market.
On the whole he was a reassuring voice as to the merits of our LP system - pointing out that the rest of the world is impressed with what we've done, and are doing, and watching closely... he also noted that the rest of the world views this market as a bio-tech business, not a "pot" business... that is, they are approaching it as a serious legitimate business, without the kind of negative innuendo we see from a good segment of society in North America (like that talking head on the BNN interview you guys were just mocking... who really did seem ill-prepared, and uninformed)
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM