RE:RE:New SedarChuckFoo wrote: After reading what Moosehead was bringing to the table, I can see why Sproutly may not have wanted to keep the terms after Cannabis 2.0 was official. But I'm biased....
At the time, MH was the best option to validate the tech and get rolling. They have large enough sale volume with established distribution channels in and outside of Canada. They also had a means to bottle/can until HC over regulated. MH was a prime partner at that stage in time.
MH could have made out like bandits with the 5 yr exclusivities clause. They had more leverage and got more out of the JV. IMO, they instead squeezed $PR for more in terms of packaging and ended up squeezing themselves out of the opportunity to monopolize and dominate the THC Bev sector.
They would still be a prime partner moving forward without exclusivities and or extra capital required from $PR. They have well over a year of time and resources invested in THC bevs and dealing with $PR. It would be in the best interest of both companies to make it work!
Even if MH is not ready to move, a purchase/contract of Infuz20 now to use later before someone else possibly locks up exclusives or Sen shuts down $PR all together. Or, perhaps MH is waiting for $PR to fold and to move forward with IB. Maybe MH would rather work with a private company as they are and always have been?