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Californias Cannabis market will be almost as large as Canadas whole market. Antler retail having a delivery app in California would be like creating a delivery app for all of Canada.
“For comparison, Canada is only expected to yield $2.7 billion in 2019 legal sales, whereas California already hit $2.5 billion in sales in 2018, and is expected to grow rapidly.”
https://www.baystreet.ca/stockstowatch/5547/Innovation-and-New-Banking-Bill-Could-Surge-US-Cannabis-Companies-Permanently-Ahead-of-Canadian-Counterparts
“The Yield Growth Corp. announces subsidiary Thrive Activations Inc. Has been retained by Antler Retail to build a technology platform to support California-wide delivery of Cannabis and cannabis products pursuant to new California rules.”
https://www.globenewswire.com/news-release/2019/04/02/1795101/0/en/Yield-Growth-Retained-to-Build-Cannabis-Delivery-Platform-For-Antler-Retail-in-California.html
“Payment for the initial order will be converted to shares in Antler Retail at CAD$0.20 per unit by issuance of 1.5 million units with each unit consisting of one common share and one common share purchase warrant at CAD$0.75 exercisable for a period of 12 months.”
https://www.newswire.ca/news-releases/crop-and-hempire-make-a-big-step-forward-in-california-with-antler-retail-825919314.html
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