OTCQB:EMHTF - Post by User
Post by
VENManon Apr 03, 2019 8:37pm
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Post# 29579528
Today's News
Today's NewsToday's news came out with little fan fair but does anyone remember the deal HEXO got with the SQDC. Well here is a refresh a little blast from the past: |
Source: The Hydropothecary Corporation
multilang-release
- Hydropothecary becomes preferred supplier to Quebec market for a five-year term.
- Total volume estimated at more than 200,000kg over five-year term
- Option to extend term for an additional year.
- Largest supply agreement between an authorized producer and a provincial authority responsible for the supply of cannabis for the adult-use recreational market.
AMAZIN!
All i know is that we (PSF) have a lot of pot. What if we get the same deal or a bigger deal. EMH, thanks for nothing made no mention in their news release how much pot the SQDC (Quebec's sole distributor of recreational cannibis) wants. AMAZIN!
So i have no option but to speculate about the size of this deal. So, i think the deal could be as big or bigger than the HEXO just based on the fact of how much pot PSF can produce. Lets just look at that for a second. PSF 50% production equals 75,000kg per year for a 5 year deal for 375,000kg.
SQDC could ask for current small supply deal in the second quarter and as things work out a much bigger supply in the future.
The bottom line is that the SQDC is a great client to have in your back pocket.
EMH could capture real market share from HEXO who currently enjoys 30% market share in Quebec. HEXO may try to buy out anyone trying to take their market share in Quebec as it's known now as a cannabis leader in Quebec. AMAZIN!
Bottom line for EMH is your share price has to go up or you remain to nice a takeover target!
ALL imo!