You may not know; Indiva has the Canadian and global distribution rights except for USA where the brand started. They pay royalties to the USA company.
I don't anticipate the USA allowing imports.
I don't anticipate without national THC recreational legalization that interstate commerce will be permissible.
I am definitely holding long term. Besides, I would anticipate someone wanting to buy them out by the time they are posting $10M - $15M quarterly revenues and pushing money to the bottom line. There aren't many accretive acquisition candidates in canadian cannabis.
fink Thursday, 03/11/21 08:28:45 AM
Re: FUNMAN post# 299
Post # 300 of 300
Might be a good one to hold.
Gummies are it. Who wants to smoke that chit. It reeks.
Canadian supply has Canadian demand covered, so market share is king.
My biggest question. When America goes to pot, will it allow product to cross its boarders?
Or do American pot lobbyist keep Mexican and Canadian product out?
Will Stares allow interstate commerce?
Texas and Fla alone will consume all American pot supplies in a snap.
I only want to invest in edibles.
Smoking and vaping is nasty
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