The problem with Marijuana in Canada for everyone else is
How to buy it. You cant use standard things like Paypal because Marijuana is still illegal through federal law in the States and every other country except Uruguay unless for medical purposes. This is the same exact problem with banks and financial institutions.
So if a reward system is developed using paybyphone to buy marijuana while also giving customers discounts, they are going to sign up for this service, especially when there is no other competition to speak of.
Hence the partnership with Cannapay. Cannapay designs or is designing phone apps for the sole use of Marijuana. Glance offers the rewards system using the phone app to buy and purchase. And owns almost half of Cannapay.
Glance is going to do the same with other firms. They are buying into firms, and the CEO and COO also said this, they are going to be buying into more at partner levels for rapid expansion. Both commented they want to steer from dilution, but this is word-speak only.
But here is the sweet spot. You have money drivers coming in through multiple sources. One cant even guess how big this will become.
But I do agree with the COO of this firm. Paybyphone is the future, and credit cards are going to be in trouble if Paybyphone is hack-free. This is the sweet spot here. Word of mouth will spread, the faster it spreads and the adoption of users, the more explosive the revenue, thus the price of the stock.
Unlike other companies, this isnt some gimmick company or stock. There looks to be an action plan taking place.
