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Re: tmonkey post# 4726

Saturday, 04/09/2022 6:57:53 PM

Saturday, April 09, 2022 6:57:53 PM

Post# of 4862
What niche?

What is it you think Halo does that few others are doing? They aren't even growing their own weed in California or Canada! (ditto for Africa, but that's Akanda's problem now).

They're sinking in Oregon and treading water in Calif. Their entire future is dependent on revenue from dispensaries that don't exist yet.


Halo is a small boat in the vast sea of the pot sector. There are larger, more valuable ships with considerably better captains on this sea with the ability to destroy or take control of Halo's boat any time they wish.

Even the 'shroom market isn't really niche anymore, and R.L.H didn't even make it onto most lists of top Psychedelics stocks this year:

https://www.greenmarketreport.com/?p=75837

https://thedalesreport.com/?p=20275

https://is.gd/eRQZun



As for Akanda, Bophelo's not the largest grower in Africa.

Nor were they the first in Lesotho to receive a license to sell medical cannabis to the EU. That honor belongs to MG Health,who bested Bophelo by four months.

Reuters - April 15, 2021

MG Health chief executive Andre Bothma said the firm had received certification to export cannabis flower as an active pharmaceutical ingredient (API) under the EU's Good Manufacturing Practices (GMP) protocol.

"What this means is that we have authorisation to export our products as an API into Germany and the wider European market. We expect to start in June," he said on the sidelines of a media event with his Munich-based import partner, Drapalin Pharmaceuticals.

Launched in 2017, MG Health has its cultivation and modern processing facilities at a secluded location some 2,000 metres above sea-level in mountainous Lesotho, which is completely surrounded by South Africa.

Besides the EU and Germany, Bothma said they also planned to enter the UK and Australian markets.

"Our contract is for a minimum of two tonnes for the first year," Bothma said.




To put it succinctly, Akanda's late to the party.

Fortunately the UE is a massive venue and there's plenty of room for late-comers. But they may have to fight their way past the bouncer trying to keep out the riff-raff and party crashers.