TSXV:CYX.H - Post by User
Comment by
mRtwiddleRon Nov 22, 2018 4:35pm
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Post# 29011492
RE:RE:DEVELOPMENT UPDATE
RE:RE:DEVELOPMENT UPDATERed5Luke wrote: "Cannigistics Agri-Solutions Corp., has completed the wholesale component of the application, and is now ready to proceed with the identification of third-party partners for the testing of the platform."
So they've finished the platform but haven't tested it? You finished the platform 6 months late, post legalization and are now going to test it out to see if it works and get the bugs out? Is that what you are saying? And then once you think it has been satisfactorily beta tested then what? You start marketing it for sale at some point in 2019?
Every major LP already has a platform they are using and I highly doubt they are going to dump their current platform this early into the retail landscape. I think I was happier when they hadn't released news. Balance of NR is literally verbatim verbage from past ones.
As long as they follow-up this up fairly quickly and not sit on it for another 8/mo i don't see this as a negative. The retail landscape is still in it's infant stages as you pointed out, so it's very likley whatever platform these companies are using could be easily replaced if/when something ebtter comes along. If CANNIGISTICS is everything Roger has elluded to over the last year (inbetween the silence), then this third-party testing should be a small hurdle to clear.
My bigger concern is the current SP and the overall market conditions. If we are headed for a recession... well then F***