RE:CannMart Acquisition RoundTree wrote: with just an application to sell they dont need to be caught up with costs associated in the process of growing the plant and building green houses, they can simply buy product wholesale from an LP and sell it directly on their ecommerce stores to their already established clientele. The location of the proposed facility (etobicoke) is ideal, enabling for same day shipping to Greater Toronto Area customers. If namaste builds www.cannmart.com as a makret place to buy an assortment of items (Concentrates, bud, vapes...etc) they will have the potential to generate huge revenue.
Thoughts?
I think you are bang on here except they don't need a new website they have 30. Selling flower alongside vapes, grinders,edibles and glassware is perfect. Bundle them together you get large basket prices. Repeat customers.
It is my thoughts that just like vape manufacturers, LP's will stand in line to make deals with Namaste and the 300000+ (and growing) customer base. Not to mention the tentacles reach far beyond North America.
I hear footsteps. Giant footsteps..