RE:HAND CRAFTED, SELECT BATCH, ULTRA PREMIUM SUGR Good post WNBacon
For some reason, I fully expect news this week coming from AGLC, this could be next step coming from Alberta Gaming and Liquor Commission.......this would be HUGE for Sugarbud
Benjamin A. Smith: Does Sugarbud have any supply agreements, Craig? Or, and if not, are there any supply agreements in the future upcoming in the next quarter or two?
Craig Kolochuk: Well, we are just in the process of looking at that. We have had some conversations with AGLC; right now they would like us to have our cultivation license first, but we’re looking at getting vetted by them. With us being on the verge of getting our cultivation license, what’s really changed here since kind of post-legalization is the ability to export. And some of our competitors have been tying up these sales contracts in Europe, more specifically Germany, Spain, Denmark, and so, from what we’ve heard, the pricing is phenomenal. They’re getting roughly $8 CAD per gram, and the appetite is huge. The market is untapped. This is primarily just for, or solely for medical.