RE:RE:RE:RE:RE:RE:Evolving business
The adressable market for medipharm is close or near that 200M as Brazilian pharmacy market is mostly composed of tinctures. There is limited flower from information I gathered.
Also, the way medipharms revenue will evolve in that market is 100% dependent on Teutos strategy (look towards STADA for previous experience with pharma). Given Teuto is a low cost/ affordable drug provider, I would assume they need volume to make those margins make sense business wise.
As Brazil mj market is in a high growth phase, Teuto has a decent distribution network, there is limited competition from flower and tinctures have longer shelf life than flower, this could be an opportunity to take a stance and really fill up shelves.
I agree there is alot of uncertainty and ups and downs to come while they dial in demand.