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Wednesday, 06/05/2019 1:18:59 PM

Wednesday, June 05, 2019 1:18:59 PM

Post# of 7743
Interesting article about edibles/oils and how LPs are storing product rather than sell dried cannabis is market today due to higher margins expected on oils/edibles.

https://www.bnnbloomberg.ca/canada-s-shambolic-pot-market-will-soon-get-much-worse-1.1268844

Also wondering if Invictus would supply Poda with product to fill their pods. As per this comment from Poda on March 15th, they say they expect to have 3M pods per month that would need to be filled with product

"The initial production run for the entry-level Poda device is now well-advanced, and the Company is
currently constructing a custom-designed production line to produce the empty biodegradable Poda pods.
When the production line is complete, the Company anticipates that it will be capable of outputting over 3
million Poda pods per month, with monthly production capacities expected to steadily increase from that
point onwards. Poda has also been developing a small-scale semi-automated filling machine designed to
enable a single operator to fill up to 10,000 Poda pods per day. The Company anticipates that the modular
design will allow the filling machines to be installed directly inside regional production facilities, and
individual facilities will be able to install multiple machines side-by-side to increase daily filling capacities.
Barring any unforeseen delays, the Company anticipates that both the Poda pod production line and the
modular filling machines will be completed within the next 3 months, at which time the Company projects
that it will have an adequate opening inventory of Poda devices on hand. The Company is still considering
its optimal product launch strategy and is evaluating the available options, however, the exact timing and
location for the launch of Poda's products cannot be determined at this time."