Replies to post #161714 on Amfil Technologies Inc (FUNN)

[User-65225]

“Because the market is still maturing, there’s not really brand loyalty yet,” he said. “But it’s coming.”

Maybe it will be the brand that uses GRO3?

[User-65225]

Read close: The California Bureau of Cannabis Control’s (CBCC) emergency rules implementing its legal cannabis market phases in quality testing for cannabis throughout 2018. However, when shops open on January 1st, retailers will be allowed to sell cannabis products without laboratory testing for pesticides or other contaminants, though they will have to be labeled as such. Any cannabis products harvested after January 1, 2018 will be tested for “contaminants with a high public health risk.” By July 1, 2018, “moderate relative health risk” contaminants will be tested, and by the end of the year the state will include “minor relative health risk” testing, according to a fact sheet released by the CBCC. A list of what pesticides are considered under each of those categories is available on page 92 of CBCC’s emergency regulations.

https://beyondpesticides.org/dailynewsblog/2017/12/buyer-beware-california-starts-recreational-marijuana-sales-without-pesticide-testing/

[User-65225]

Many of these growers are testing their crop and removing their own products from the market, before it goes into the state system. This is likely being done to avoid lawsuits in the coming months. Gaggles of lawyers are already plotting to pound the MJ sector with lawsuits... Remember, testing can only catch SOME of these issues, because chemicals are not always used on EVERY plant. Its all about the plants that make up the sample.... The lab has to draw the sample, not the grower, but it can still be hit and miss. This means some bad product will get into the stores and there are consumers, lawyers, etc doing additional testing, looking for an easy lawsuit.

Many of these growers are also raising smaller crops which are easier to grow organically. As grow facilities increase in size, there is going to be serious risk of outbreak issues and the only way to save these crops fast is with chems... and if an employee is hungover that day and applied too much to a $XX,XXX,XXX crop, it can be worth nothing, instantly... even if just a few plants out of 10,000 have too much chemicals and those are the plants they draw the sample from, the crop is toast.

Growers will likely increase their prices to offset these risks, but imo eventually some growers will get wise, invest in the next gen equipment (like GRO3) and REDUCE their prices, gaining a larger market share.

Frankly, i dont know if GRO3 will succeed, but there is massive potential if it does... and if it fails, it is valued at zero under the current market cap, so its not detrimental to us. It has solid risk/reward

... if it succeeds, we could become a billion dollar company just from the GRO3 sub. Do the simple math

California Pot Shots: Product Liability Is Coming

https://abovethelaw.com/2017/09/california-pot-shots-product-liability-is-coming/

I’ve practiced law in enough regulated cannabis states to know that quality assurance, testing, and protecting the public through total product perfection isn’t going to be easy or cheap, and it’s going to be mandatory if you want to keep your cannabis license. Still, even with your best quality-assurance game face, you may not (more like never) escape the toe catch that is products liability. And with California being such a litigious state, as the Wall Street Journal editorial board recently pointed out, it’s only a matter of time before even more plaintiffs start suing cannabis operators alleging defective, dangerous, or mislabeled products and Prop 65 violations.

Just the mere fact that my firm’s cannabis attorneys have written so many blog posts and articles on cannabis safety and cannabis product liability ought to tell you how truly important this issue will be in California once things truly get rolling here.