PINL:GRPOF - Post by User
Comment by
4evergreenon Jan 10, 2018 1:11pm
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Post# 27325033
RE:RE:RE:RE:RE:RE:RE:LP's
RE:RE:RE:RE:RE:RE:RE:LP'sI think it all bodes well for Tetra in the Canadian MJ space though. They have the inside track with Health Canada and the FDA with the first legit clinical trial data to back up the safety and efficacy of it's use. With the DIN it will be covered by health insurance and prescribed further by doctors all over Canada. That isn't new info to most on this board but good to reiterate and to keep in mind. This is unique to the MJ space in Canada and when the LP's become cutthroat competitive Tetra will be rising to new levels and getting their products into the hands of consumers through the most professional medical/pharma outlets. The large national/international distributor that is to be named will be huge for getting Tetra's OTC products to market. I can go on with more that's happening in their product pipeline and clinical trials but you get the idea. If you do your DD on Tetra you'll see it's setting up to be the golden goose -- it has massive revenue pontential.
ScienceGirl wrote:
I was talking specifically about the growers. If you think about it all of our produce comes from those third world countries. Why? It is simply not worth it to grow it in Canada, it is actually cheaper to grow that far away and transport aaaaallllll the way to Canada. I think weed will be no different. I do agree there will be room for derivatives like oil and other products, but it makes no sense to grow in Canada because it is to expensive. The way I see this working in the future is that raw product (dried cannabis) will be imported from somewhere where it is cheaper to grow. It will be tested against our standards and processed in Canada (that part will still make sense to do here to get Canada's stamp of approval). So overall, I think oils and derivatives will always have a place here and companies focused on derivatives and medical oils will still do OK. But at some point, companies will have to drop their prices to be the most competitive and this is how I see it happening. Of course, this is just my opinion.