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Bullboard - Stock Discussion Forum MYM Nutraceuticals Inc MYMMF

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.

GREY:MYMMF - Post Discussion

MYM Nutraceuticals Inc > Email from IR.
View:
Post by Cc0123 on Oct 10, 2019 7:26pm

Email from IR.

sent email in regards to how this international brands is suppose to make us money...here's the response.. Hi Mike, We're currently exploring white label partners in North America and Europe to help us with the formulations and packaging. We would then sell the finished products in health stores, pharmacies, etc...We're making progress and hope to see orders in early 2020. There will be updates coming out for 2020. We're working on our strategic plan as I type and are hoping to have it out before the end of the year. Thank you. What y'all think??
Comment by SolidInvestment on Oct 10, 2019 10:23pm
The marijuana industry is in it's infancy. Look at the liquor industry when it started. My opinion is that MYM will get to the point that it is aquired by a bigger player. The international brands adds to it's appeal. IMO.
Comment by Cc0123 on Oct 11, 2019 11:16am
another response.... What other license is there? A cultivation license allows a company to cultivate cannabis destined to be sold in Canada. Period. Two year wait was due to problems with the application that HC did not disclose to us in a timely manner. I can't speak to what you were "told a while back". I can only give you an update on the matter as it stands today. Our recent PR ...more  
Comment by Cc0123 on Oct 11, 2019 1:27pm
"All licenses limit capacity based on the information submitted in the application. Trichome relationship is very strong and has not changed. "
Comment by WeeblesWobble on Oct 11, 2019 1:30pm
IMO another useful comparison is the beer industry: https://en.wikipedia.org/wiki/AB_InBev_brands
Comment by Muttmom on Oct 11, 2019 10:18am
What product will they produce to sell without a license?
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