OTCPK:SPLID - Post by User
Post by
geodcanon Aug 27, 2018 1:12pm
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Post# 28523405
greenrush is
greenrush ispretty upbeat based on the Canopy/Constellation deal as well as the Heineken Co, Lagunas and now a real biggie, Diageo is making their presence known in the Canadian LP market. With Canopy getting 5.5 Billion C reasons, it shows huge support and concern by liquor makers that they better move or be left behind.
The rising tide will raise all the good boats and EAT is getting a little lift, not for that self-patting on the back they gave themselves over the AURA connection. EAT is in a race to succeed or burnout their ability to raise cash and based on how AURA is doing, the smart money is still looking before they plunk their investment dollars down.
Serious licensed producers in Canada are the rage right now, especially with Diageo showing their intentions of doing some deals which could potentially be bigger dollar value than the Constellation investment.
Canada is on the verge of a sudden new market with rec use going legal for adults. Edibles and drinkables are still a year out as Canada is stuck on the old pharma rules of smoke and oil. So innovative for taking a stand and so political in taking small steps to test the water as we go.
Drinks are why the alcohol guys are getting on board for fear of losing some marketshare. Smoking will never go away but there are nicer ways of getting high and taking medicine, which is why I invested in EAT in the first place.
EAT needs to push through the beaurocracy in California and go full boar to make it successful. glta and dyodd