Tuesday, November 28, 2017 12:50:09 PM
-No American company can touch the Marijuana market in Canada. It is illegal under Federal law. There has to be a way to purchase Marijuana in Canada. So your Google, Paypal, Apple, and everyone else with American apps and credit cards cant touch it, not Canada based. Banks are also steering from it because of risk, an No american bank can touch it either.
-Ill low ball the number severely, there are 2.5 million pot smokers in Canada a lone. Are they going to all be paying in cash? What Canadian company will take this business and with what app?
-That a lone is enough to call this a safe play for now, besides the fact, the company has no debt.
-Ill put money on it this cash advance is the direct result of buying into more firms, like they have already done 3, for return in ownership to get this app into as many peoples hands as they can. The more people that have the app, the higher the growth. This is an expansion move while no one else has the the same design concept, meaning, no one that I know of.
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