https://www.prnewswire.com/news-releases/aurora-cannabis-to-strategically-enter-the-united-states-with-acquisition-of-reliva-llc-a-market-leading-mass-retail-cbd-platform-301063067.html
ALPS is in the biz to build greenhouses. They have a presence in Canada? I could not find a single project in the USA. As part of LowCapEx "model", it's my understanding that ALPS is going to build greenhouses for OTHER entities - and work in a contract where a part of crops are reserved or grown using AUSAF genetics? Otherwise, how would they control quality and cultivate "boutique" type of strains (think micro brews - and you get micro tokes of sativa or indica)
Green Therapeutics is in the CBD biz, not THC/MJ biz. I guess they have a greenhouse in Las Vegas - but couldn't tell what they're growing.
Which is fine - but the US market still needs medicinal and recreational MJ and THC products too.....not just CBD products/edibles.
And, industrial hemp for cbd is NOT USUALLY GROWN INDOORS. Most cultivators/producers are growing hemp outdoors - which doesn't bode well for ALPS.
Aurora abandoned Australis a while ago.
So, AUSAF has some work to do to. I'd like to see new sales contracts in the USA for greenhouses....and GT needs to dispense MJ/THC products in the USA in order for Australis to become a USA MSO
Booth is either going to be a hero or a goat.....a second time.
Everything posted is MY OPINION! I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE!
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