TSXV:RLV.H - Post by User
Post by
smallcapcanadaon Apr 26, 2018 6:31pm
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RLV Adding Value with Cannabis Brands
RLV Adding Value with Cannabis Brands RLV announced the creation of their first two cannabis brands today, LeefyLyfe and Biocannabix, brands that will find their way into the North American and European markets.
The plan is for Biocannabix to target the Canadian market pursuant to ACMPR regulations while LeefyLyfe will target CBD sales outside of Canada in full compliance with local legal and regulatory framework.
Of course the CBD oil market is expected to skyrocket over the coming years due in large part to the medical benefits along with more favorable policies being adopted by countries. Canadian companies seem to hold an advantage due in large part to an established infrastructure thanks to a government that has fostered growth in the industry.
Have seen projections for the global medical MJ market at $55.8 billion by 2025 according to Grand View Research, if RLV can create an international footprint then they could be in great shape.
SmallCapCanada (.com)