InvestorsHub Logo
Followers 68
Posts 2718
Boards Moderated 1
Alias Born 06/15/2010

Re: None

Thursday, 03/20/2014 12:15:41 AM

Thursday, March 20, 2014 12:15:41 AM

Post# of 57066
$ILIV Advisory board looking to park cash in more profitable places.

The vaporizer/Smoking equipment market is over saturated, and the Big players in the sector were established well before the legalization/decriminalization laws -AKA- the 'Green Rush' in America were in force.

This is another great reason to have seasoned cannabis investors, like 'Tom Bollich' (a member of the elite Cannabis investment group) http://arcviewgroup.com/ , on the advisory board In the Ganja War. The advisory board of Intelligent living inc chose to back out of this purchase for a reason. Very good call imo, the $ of this acquisition could be used in better places.

Glad to see the company is focused on planting it's seeds in the eCommerce technologies and nutraceutical operations end of the industry. This is a great strategy to slip into the backdoor of the crowded cannabis sector, while the other co.'s scramble for "Pipe-dream" positions on the front lines.

~LONG

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.