RE:RE:My bid is still there!If the US Democrats don't get it together and trigger their US greenrush then it is going to be a long row to hoe to wait out the attrition and consolidations that are inevitably going to happen.
Some good posts today with lots of good points being made for Bhang. Survival rate is 11years so far and we have 100skus and International sales which is what got my interest and investment dollars in the first place.
Covid has been a double edged sword for potpreneurs, on one hand consumers have more time to imbibe but I do see the points of not being able to get to a storefront or them not being opened to public sales. There is still online ordering.
The biggest roadblocks still seems to be the regulators doing what needs to be done for a proper launch of legal rec pot. They seem to be putting more effort into the medical side which has drawn a bunch of fence sitters to using pot and edibles are huge too because a lot of people don't want to smoke.
Bhang seems to have it all, although I'm not sure where we stand with beverage options, that I think are going to be hugely disruptive for beverage alcohol, especially when the two merge as far as retailing and consumption.
The Democrats hinted at a lot of things to aid the greenrush but are, so far, kicking the proverbial can, down the road!
I am convinced that Trudeau got in in Canada for his legalization claims for marijuana that got young voters interested enough to go out and vote more than his notoriety of being a Prime Minister's son.
Without some forward movement towards a triggering event, whatever that may be to MSOs and LPs, we could wallow like this for a long time.
Bhang is the deal that PBIC thought enough of to acquire most of the shares along with other junior companies of potential but seem to have no interest in running it, yet!!!
The latest financials still show expenses exceeding revenues, so I may get my bid filled, or not! Bhang is a lot more company than a lot of the competitors but it is the fight in the dog, not the dog in the fight.
glta and dyodd