Followers | 235 |
Posts | 5668 |
Boards Moderated | 3 |
Alias Born | 04/30/2017 |
Monday, October 09, 2017 9:23:45 AM
"The business model the Company has developed does not limit Cannabis Consortium to a single state or two. Instead where ever Cannabis is legal for medical or recreational purposes, Cannabis Consortium will have a
market to sell into."
----There should be updated by Thanksgiving 2017 with the legal updates on Trademarks Patents etc on the products
"Cannabis will only seek licensing in a total of four (4) markets: Colorado, Florida, Nevada and California; and will use licensing and Joint Venture agreements in all other markets."
----JV in Oregon for Example
"Under the Non-cancelable Exclusive Master Sales
Agreement Trans Global shall be entitled to 50% of income from the sale of all products offered by
Cannabis"
----Remember stock transfer is Voluntary and .10 base for Cannabis for accounting reasons. More developments to follow
"By the second quarter of 2018 Cannabis should have its first edible license and facility established. The
license and facility will allow Trans Global to sell Cannabis pre-filled devices direct to retail-facing
vendors for up to $5 per unit, and direct to consumers for up to $8-$10 per unit"
----REMEMBER this is still a "Risk Play" but evidence is looking good.
Seems like MD wants us to stick around until after Q2 2018. I will keep decent position if PPS hits and over .0027 by EOM and .01 by EOY. Low probability but we'll see.
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