OTCPK:SPLID - Post by User
Comment by
CannaBakedon Sep 06, 2018 9:55pm
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Post# 28576649
RE:This is why I'm staying Long on EAT
RE:This is why I'm staying Long on EAT This is exactly what im sure a lot of us connected with! great post pointswest2! Compared to other companies we're up against, its all about attachments and what connects you to the company. It's all truly a gamble at the end of the day, im sure most companies have other great things going for them too. Personally I love Toronto (Headquarters), and their play in Merca was exactly what i'd do if i was them! Love seeing this company grow, hopefully we take over!
-Cannabaked
pointswest2 wrote: Tormont Group CEO Patrick Wood on BNN
Wood said that companies operating in the U.S. states where cannabis is legal will benefit from the head start they’ve had over Canada’s pot players, having had the opportunity for their businesses to mature beyond just production.
“In the U.S., they’re a much more mature market than us – Colorado and Washington were legal way before Canada even had a listed company – so, branding, distribution, all these key things that are missing in the Canadian market space have really been formulated and perfected there,” Wood said.
Wood said that despite the current legal restrictions and concerns investing in the U.S. marijuana space, Canadian investors should take advantage of the opportunity to get involved the American market.
“These are more mature markets down there and they really are focused on really hitting those top and, more importantly, those bottom line numbers now,” he said.