A few questionsHopefully we can discuss this /get me some clarification.
1) In the interview, I believe the Israeli CEO said they are a few weeks behind the expected license("permit") to export. Didn't Sean keep saying January 18th there is a vote to be able to export cannabis from Israel? How are they behind and waiting if they haven't even approved it yet?
2) Hopefully this 'trial' of Cannmart goes well and it leads to selling in multiple countires but, as a non weed smoker , I need to ask: Are people really going to pay for weed from israel? Is there that big a variance in quality? How much is that going to cost the consumer after all of the importing is done? I just don't see how that will be successful when there are so many LP's right here in Canada, likely to produce a cheaper product (because of shipping costs). I mean, there is some Belgian beer I can't get here that I would maybe occasionally pay more to get shipped here. Maybe the costs really wont be that much...but have you seen the shipping costs on international shipments on amazon? Thoughts on this?
3)Just a comment : I'm also in the boat of backing off my large LP's near legalization (in fact I already have big time) to protect profit. Those valuations are definitely forward thinking- however, I feel Namaste's valuation is CLOSER to real time than the LP's.. mainly because they still don't have the license. ie..I think this his HUGELY undervalued (in comparison) to the LP's assuming everything works out in the next month.
I had another question but it has escaped my memory.
Thanks