OTCPK:SPLID - Post by User
Comment by
INVSTIGAT0Ron Mar 12, 2018 8:27pm
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Post# 27703937
RE:RE:For Those who thought Cali was gonna be Easy
RE:RE:For Those who thought Cali was gonna be Easy
It seems as though we won't have our own license in Cali for a while. From what I understand they are using contract manufacturing in California to produce FLi and once they've captured enough market share then they'll switch over to their own facilities to increase profits (this method will allow us to capture the market faster while growing our brand name FLi). That combined with various brand aquisitions I think we could capture a pretty decent piece of the pie in California. Besides the facilities in Oregon and Washington and whatever comes from the joint venture in Canada short term, I think we're all pretty much just playing the waiting game here. Side note: Canopy just partnered with an extraction company that uses the CO2 extraction method (only getting about 85% THC), where we are getting 95%. Makes me pretty confident here.