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Friday, January 25, 2019 1:46:52 PM
Some large companies diversifying into the cannabis industry are restricted by cumbersome decision making processes and risk averse which is demonstrated by small commitments to entering this market. Added to which, prices changes to stocks can be attributed to a range of factors. An established brand in the drinks sector diversification into CBD products is a natural complement to the spirits and wines already available, especially CBD edible products.
It will be interesting to see how ISBG progress. The indications are full of promise because of an already established reputation and a sensible strategic vision that has been well informed. Time will tell as to how ISBG stocks perform but at the current competitive prices the likelihood of good returns for investors is healthy.
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