Flurotech Ltd (FLURF)

[xwing229]

Roadside tests are very high profile and will eventually become a good revenu stream but right now they want to monitor what will happen in court before allocating resources to product line. Here’s what the CEO said in this interview(https://investingnews.com/ceo-interviews/flurotech-ceo-danny-dalla-longa-cannabis-testing-technology/):

« We’re also monitoring roadside testing legislation. To date, one supplier has been picked and the lawyers are lined up to litigate this testing protocol on each side. We don’t want to get involved until the litigation clears, therefore, we will focus on industrial testing in the near term as it provides a much larger market opportunity. »

Besides they are trying to get that first mover advantage in the US so I’m more than OK if they can get a strong presence in the US market while waiting to see how litigations are resolved.