Wednesday, November 14, 2018 3:36:28 AM
While the project is still a ways out I'm happy to see at least some progress. I spoke with an individual involved in the nm medical cannabis program who told me that as they understand it the production capacity won't affect the states program because Stockwells operation will not be a part of or compete with the states program.
What that means has yet to be seen, I suspect what one may find in kiosks in the future will be the tip of the iceberg if this comes to fruition over the next two to five years, I suspect you'll see pharmaceutical grade products put out on an national possibly global market,this won't be a pot shop where you go buy flower,concentrates or editables and the like that will be the states market and won't be infringed on.
infact as has been mentioned previously cannabis while important will not be the main focus, so think about all the other medicinal plant uses not only in a pharmaceutical form but also as all the essential oils and extracts you'd find in health food and grocery stores.
Now obviously there's some big assumptions I'm making towards distribution routes but if those assumptions hold true my original thoughts for investing in this will come to fruition as the cannabis side will pale in comparison to the revenues generated from the medicinal plant essence and extract market.
You see cannabis is only going to become less and less costly to produce and purchase.
I still have my reservations as the announcement of a start and completion date was clearly a mistake and frankly handled poorly as the corresponding period of leaving a whole community in the dark for years now has been concerning to say the least. Honestly I still wish cannabis would have been added latter as we'd be up and running already without it and once federally legal could have easily been added .
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