InvestorsHub Logo
Followers 12
Posts 2484
Boards Moderated 0
Alias Born 06/09/2017

Re: Dalian post# 47563

Friday, 03/29/2019 4:38:45 PM

Friday, March 29, 2019 4:38:45 PM

Post# of 70363
So far, it seems all of the Big Deals have been with Liquor Conglomerates.

This seems to be a great fit because the Liquor Industry is seeing Cannabis as a real threat to their liquor sales.

Millenials are drinking less beer in favor of smoking Cannabis, etc.

So it is going to be interesting to see if Nelson can bring-in a partner that is not a Liquor Company.

The "Stigma" around Cannabis still exists for a lot of people in the world. They were just taught early on to say "no" to all "drugs' and that attitude has not changed.

So the non-liquor companies are going to have to weigh the increased sales of their new Cannabis or CBD Product against possible lost sales in their existing lines.

It is a strange way of thinking - but there are a lot of people that could boycott a company that partners with a "drug dealer" company like ACB all together.

IMO - This is why Cannabis will have a tough time taking hold in the US South if ever it is taken off of Schedule 1.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ACB News