RE:RE:It's good to have financing set upIf I remember correctly, Tilray coughed up $300 million for Sweetwater Beer who aren't geared for THC beverages but stuck in beerland until they go through the same hurdles.
Soft Alcohol is gearing for cannabinoid beverages because they anticipate losing marketshare to this type of sku.
Constellation STZ was the pig in the bacon and eggs story with a $5 billion committment to Canopy and most of the other alcohol beverage guys followed suit, setting up their own segways to cover their azzes.
Cannabinoid infused beverages for rec use and pharma use bring a healthier option to consumers than traditional alcohol beverages.
All the overweight, pre-diabetic crowd will migrate to this and also some of the patients using narcotics for pain relief.
Just need to get a level playing field with alcohol in normal alcohol venues and some consumers will switch.
Science has tweaked the cannabinoids for rapid onset and offset, similar to alcohol in duration which should help with overconsumption before the buzz kicks in like some of the old edibles and I will welcome the day when I can go to my favourite watering hole and have a cannabinoid option that might help with my aches and pains.
And I could use the less calories than booze benefit.
Tinley20xx wrote: How do you get to a 350 million market cap at the present moment?