OTCPK:SPLID - Post by User
Comment by
mrmonopolyon Sep 12, 2019 8:50am
49 Views
Post# 30119157
RE:RE:RE:RE:Sounds good
RE:RE:RE:RE:Sounds good I think NH is a special case though. Pairing manufacturing with distribution has same major competitive benefits. Firstly, they have direct knowledge of what they should be manufacturing next based what's selling well at a variety of dispensaries, and secondly, whatever new product they come out with has immediate high-priority access to hundreds of dispensaries (600 in Californias case).
So to your point, I would say they should focus on their manufacturing in California where they have strong distribution, then Nevada next when GT closes.
Speaking of which... What are the chances that GT doesn't close? Is that why the president was forced to step down? 18 months and counting to close this deal... my guess is it's dead and they haven't told us.
Tundra14 wrote: I’ll say it again, NH needs to to dump or spin off the manufacturing side and concentrate on what will truly make them big profits and put them in a buyout position, distribution. Regardless of how big the edibles market is expected to be, competition is just too much for them to compete with. Competitive pricing and government regulartion will handcuff any small time company on earning good margins on their cannabis products, and for NH, considering their track record of handling the expense side of things, are even further out ot their league. They have a good thing going with their distribution division, stick to it. The oligopoly that will be created in this industry will literally “eat” up these small guys. Value added and ancillary products is where they need to excel in, and it’s certainly not in the handful of “FLI” branded SKUs they have on the shelves.
LiquidOctopusV2 wrote: Since you brought this up, one of the reasons that I like the idea of edibles as a product is the social aspect. Something you sort of tease here a little is the idea of when someone would use a chocolate product socially. The scenario that I imagined after Colorado went legal was one where dessert following a dinner party was "enhanced". EAT was the forerunner to the idea of microdosing for casual users. They've apparently got good product but it's a bit of a mess on the licencing side.