RE:RE:RE:RE:RE:Ongoing concernsCryopharm who have an undefined relationship with NU have an award winning powder pack beverage product that has won an award.
I don't know if NU is supplying their magic to Cryopharm with the same kind of a deal as the Tabletz deal for a royalty or piece of the action.
I get your concerns with the big player beverage companies piling in and there are a lot of product offerings making their way to shelves in Canada.
Imagine that there is still room for another energy drink like possibly a NeuEnergy ready to serve getting a slot or two beside the Redbull or Gatorade or Monster.
Formulating a winning product seems like a longshot but you mentioned Canopy/Constellation who were some of the first out in Canada and they flew off the shelves because the beverage concept is huge but all the ones I tried weren't going to win any awards.
One good product can make a company and I'm invested in several that are in the cannabinoid infused beverage business.
NU might have connections to that magic that won awards in the beverage category and most investors know that beverages and pharmaceuticals are high turnover and high profit items. Our guy said we are going to have beverages by the end of July but temper those expectations because they are all late to shelves from my experience.
If our magic is better than Canopy/Constellations and the product grabs marketshare then we will be in the crosshairs for a takeover, buyout or at minimum, shareprice appreciation.
Neutrisci has made serious efforts and coming up with winning products, especially in the cannabinoid infused category means they are going to have to be good and have the ability to supply. 11 years survival as a company in this business is something too.
They haven't given up trying to come up with a winner or two and still have a listing and lifelines thrown to us when I thought we were a dead stock.
Keep in mind that we don't have much overhead because of the royalty for our ip magic ingredients and others have liked what we have enough to make those deals.
Downside is 100% of invested dollars but the upside could 5000% if we get a hit!
glta and dyodd