RE:RE:Cannabis edibles to be available for sale before Christmas..The Moosehead JV is major. Wary consumers will be far more willing try their first cannabis bev if it comes from a trusted name delivering a guarantee of measurable dose, rapid onset/ offset and no chemical additives etc.
Do we want more JV’s? Absolutely. But if you’re the only serious player that can presently deliver the truly water soluble tech to a burgeoning billion dollar market that views said water soluble tech as crucial...well, then you have the power to cut your own deal.
Make no mistake, Sproutly could have gone down the road of multiple JV’s with many smaller companies... but instead they are looking to build long term relationships with major brands that will respect their tech.... 50/50 deals like the one struck with Moosehead.
What lies ahead ? Major JV’s well beyond the Canadian beverage market, and major JV’s in the worldwide edible and pharnaceutical space.
Chocdee wrote: I agree with you statement,but I would definitely like too see them come out with great new s of JV in the next few days since there’s a re way more stable and predictable time of and so on....