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Saturday, February 22, 2020 4:26:35 PM
I predict that Bordynuik will NEVER get a single Gummy Bear to market and sold.
I think his intended play here was CBD gummies, but NYS decided to disallow CBD food items for now. They just passed a new law in December (right when he was opening up his new business; imagine that!) but didn't go as far as some CBD fans wanted.
https://www.newyorkupstate.com/news/2019/12/cuomo-signs-bill-to-clarify-hempcbd-manufacture-sales-in-new-york.html
He also claims his new company will do 'tinctures'. Watch for Johnny's CBD Juice, coming soon to a website near you.
One of the news stories said he invested $5 million in this venture, above the grants he got from the state.
Gut says this is investor money from some of his favorite private funders. He probably intends to merge into a dead shell, and milk the penny markets again.
It worked out so well the first go-round for Bordynuik.
BCBD.pk
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