RE:A shift into minor Cabinnods...away from THC...?Fingers crossed!
That's why I have mentioned repeatedly that cbd chocolate of good quality or thc infused that targets patients to treat specific ailments that we are showing promise for should be where the effort goes.
It could be a successful niche in an oversaturated marketplace where mainstream skus are in abundance and oversupply for most to make any money.
Now we are faced with the reality that we might not make it doing what we have been doing and despite less than stellar management, now, I daresay, we have management who wanted to coat-tail on a potpreneurs success rather than run it themselves. The reality is that right now, that is what we have until such time as we can find a leader that can pull this off in a oversatuated market that is going to do some serious rightsizing by attrition.
Pain relief, sleep, anxiety and another favourite of potential, fat reduction are all good objectives for profitable skus but require tested approval from them that set the bar for true medicinal product which translates to costlier to develop and produce but also have promise of higher margins for proven products.
Charlottes Web and GWP are two that went the distance to get pharmaceutical approvals for their product skus and lots of people made money.
The world is hot for weight management, health and build a better body products and there are cannabinoids that show promise and have self treating consumers that are working with bud tenders to learn about this type of strain for specific results.
They have come up with a few weight loss pharma treatments and a ton of herbals, most with side effects and not overly effective for weight loss but they got their din numbers to call them pharmaceuticals and they are not cheap or fun, which our cannabinoid strains, could be!
If you only have a few skus of promise in an oversaturated market, you need to change or be the best. Our shareprice says we are neither.
Having stated that, even bad products can be successful for some periods of time if they are exceptionally well promoted. Eg: The New Coke!
Fat old North America is ready for a familiar new treatment for overweight, obesity, diabetes and pain, sleep and anxiety.
If you can combine your medicating with beverage forms of sku you can kill two birds with one stone at the same time by socializing over a beverage sku and helping whatever ails you.
Lots of potential there because socializing over a beverage may be a daily occurence but treating ailments is for sure a daily occurence.
Bars, lounges and social drinking venues should be rubbing their hands in anticipation while writing their politicians and lobbyists to change the overprotectionist rules in place at present to not allow cannabinoids in drinking venues.
Bhang needs a rainmaker to bring some rain to grow this seed called Bhang in this environment and I don't feel good about our sideline, capital pool people to be able to pull this off.
JMHO, glta and dyodd