GREY:IVITF - Post by User
Comment by
ManUnitedon Aug 06, 2019 2:06pm
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Post# 29998295
RE:RE:RE:RE:RE:Only 7.500 per year??
RE:RE:RE:RE:RE:Only 7.500 per year??Good post fmab011. I agree 100%. But I still see small steps in the right direction. Health Canada is a disaster for young companies like INVICTUS. It usually takes half a year to get a license, which is actually prohibitive! The most important thing in the coming months will be to raise buyers for the cannabis that is currently being produced. The key to success would be a GMP certification, but that is probably not realistic before 2021. Another challenge is the already existing oversupply of the market. Without the opportunity to sell abroad, most of the small businesses will not survive. The biggest hope for the investors of INVICTUS is a possible takeover by a big competitor like Aurora or Aphria.