OTCPK:NWKRF - Post by User
Comment by
silkroad007on Sep 20, 2018 3:01pm
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Post# 28658072
RE:RE:RE:RECREATIONAL VS. MEDICINAL
RE:RE:RE:RECREATIONAL VS. MEDICINALexactly - look up any case study as to why beer sells way more than wine in the USA . Common conclusions are all "too many choices in wine". This is a well understood marketing issue.
As stated before call it the "Budwiser" approach. Few strains, easy decision, become a household name. "know what you do well and do it well"
I also think focusing on Canada "only" is smart in the long run. Short term international exposure helps especially in thiis euphoric retail bubble but after a few years every single country will establish local markets for thier own companies. Why - TAXES. so alot of these majors will see a contraction in market share. In the meantime HIP/UP will have established itslef as a goto top 5 hoursehold name in Canada.
blobboy wrote: so further to that thought - I`m not sure the average health plan will cover one`s mj needs. Most of the guys I know aren`t sick and in need of the stuff so much that they need to see a doctor...hey doc, I`m having anxiety attacks how about a scrip for some green - just beating the legalities of having a bag big enough to supply all their pals. As far as Jay Wilgar and his mandate to stay focused on the recreational end of things - well, I think his foresight into a waning medicinal market for the average Joe shows he is a leader with vision. This speaks volumes to the type of company I want to be invested in. A company with a visionary at the helm...even the best positioned companies can be run into the ground by inept management teams. I like the fact that HIP stays true to it`s core values and can carefully step out into different forays as the opportunities present themselves...over diversification can be more of a hindrance than a benefit.