RE:my 10 grand worthBedrocan has also stated many times that they will not enter into the US MJ market until the laws down there change. So Tweed and Bed are on the same page.
In the future, once HC gives the official ok, they should be able to make edibles or form a partnership with a Canadian MJ edible company and have that company distribute in the US market. Another revenue stream. These companies are always working on things in the background.
It's only a matter of time that the majority of other MJ companies merge and/or get snapped up. I'd rather the two leaders merge rather than fight each other for the limited Canadian market share.
This has become a new MJ juggernaut that can really get things moving much faster than before when they were just individual companies.
geodcan wrote:
One of my concerns is that Tweed management has publicly stated that they will be steering clear of the US market until the feds get on the program. With the increasing demand for mipps (marijuana infused products) and the shortage of the essential ingredient stateside this doesn't seem to be well thought out imho. The Canadian market as it stands is very limited and quality government tested and approved product has to be in demand south of the border and with 15 licensed producers and distributors I suspect that the supply is over-abundant for our Canadian market. .....