OTCPK:SPLID - Post by User
Comment by
geodcanon May 13, 2019 2:57pm
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Post# 29741697
RE:RE:News
RE:RE:NewsJmho but I think the biggest greenrush the world will see is just taking root. Canada were the innovators and the US is hot on our donkey. The US is poised and ready to pounce! The lobbying to free all the restraints south of the border is just getting going. Same segway as Canada, swinging the door open with pharma pot and rec is taking hold State by State. I believe that the "Safe" Act will be the most catalyzing event which will allow greenrush entrpreneurs to use the banking system, allow the brokerages to sell stock and raise funds. A lot of the legislation has been derived from watching what is going on in Canada, who came out of the gate with legal rec use for adults and caused a greenrush which has stumbled a bit with their efforts to get edibles through the system. A lot of the rec States have edibles already, in addition to smokable products and beverages are starting to make an appearance in a significant way. My crystal ball is telling me that beverages are going to be the most popular form of ingestion despite what the diehard tokers say. I had high hopes for EAT initially and it could still be a success story if they can keep the revenues increasing faster than the burn rate. I think what you are experiencing is just a lull, not that the greenrush is over. Not by a longshot imho, but whether EAT will still be a part of it is yet to be seen. Lots of competition showing up with well established pharma pot suppliers that see the writing on the wall and cbd is an unsung hero that is starting to get a lot of consumers. The minute Canopy growth felt safe doing business in the US, they took positions in New York and the Acreage deal was genius. Canopy is leading the pack imho and should announce earnings this week. 3 ways it can go, up, down or stay the same, but they seem to be making smart moves to be the International leaders in the greenrush. glta and dyodd