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Nutritional High International Inc. Ordinary Shares SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.


OTCPK:SPLID - Post by User

Comment by DustinFon Dec 12, 2019 6:53am
104 Views
Post# 30446719

RE:RE:RE:It is better to cut costs now than later , good move

RE:RE:RE:It is better to cut costs now than later , good move The only way I see this deal working is if we renogotiate the GT Deal to pay more cash than stock. I'm not aware of what assets they have in oregeon or washington, but they should be the first to sell. I wouldn't be disappointed if they sell the % of their facility in Pickering Ontario as well. The canadian regulatory drama is burdening the entire sector.
If those funds are not enough, we turn to Colorado. Anyone who has followed EAT has heard how saturated the market is, and the licensing problems. If manufacturing licensing isn't viable in the next 6 months, get rid of it and focus stricty on Cali and Nevada. These funds would likely be around >US$8M at minimum(Only canada/colorado faciility included)
Lastly, bring in that Golden triangle brands in bulk, and efficiently infuse CBD. Hardest part about that last case is CBD supplier/Brand packaging.  
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