From Emblem Investor Relations: We have not started construction on Paris Road yet. We are looking at other solutions to have supply online in the short term, but I can't say any more than that at the moment. Paris Road is still in our plans.
Unrelated to Paris Road, please have a look at our press release from yesterday (if you haven't seen it yet). Massive news for us as we can receive much greater margins in Germany due to their insurance coverage of medical cannabis.
I can't give you investment advice but if it puts you at ease, we consider this a huge vote of confidence that we will be able to execute. Between the Acnos deal, Shoppers, and Fire & Flower, we have supply agreements in place that should de-risk any investment we make to wards expanding capacity.
Best,
Ethan
Ethan Karayannopoulos Investor Relations
t. +1 (647) 748-9696 m. +1 (647) 206-1549 e. ethank@emblemcorp.com w. http://emblemcorp.com
If they need more capacity, I imagine they can purchase whatever inputs they need for their oils, and then resell at a higher price. They don’t necessarily have to grow their own cannibas, especially with the oversupply coming into the marker.