Post by
Fastlane2 on Jan 17, 2018 7:30pm
What will the revenue look like?
Nutritional High has stated that the edible market has the best profit margins, yet when you look at the manufacturing of the product, packaging and distribution by Calyx what's left? If this was in Canada and edibles was legal I could totally understand the profit potential, but the revenue is shared with so many companies. There is to many moving pieces and I'm ecstatic that I took profits during the run up. Have a look at the amount of people involved in moving this product. Please explain this as stated in the release; "intellectual property and a supply agreement to provide non-cannabis materials" Therefore you have a recipe and some cocoa, wow! As disclosed in the press releases dated December 20 and December 27, the Company's FLI-branded products are manufactured by a company in the San Francisco Bay area ("CA Manufacturer"), and are sold to licensed dispensaries by Calyx, both of which have demonstrated requisite compliance with local municipal and state regulations. At this time, the Company has entered into intellectual property and a supply agreement to provide non-cannabis materials to the CA Manufacturer to allow them to manufacture FLI-branded products. The products are then sold to Calyx which distributes the products to licensed dispensaries in California.
Comment by
DiligentSon on Jan 17, 2018 8:04pm
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Comment by
DiligentSon on Jan 17, 2018 8:09pm
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Comment by
riccio123 on Jan 17, 2018 8:41pm
Diligent son why do you waste your time talking to these hacks. First off this guy fast lane is clearly a hater because a guy who sells on spikes doesnt care to comment on a stock's billboard page. He complains about dilution but I want to ask him how many other Canadian companies working in the USA have facilities in as many states as we do. NONE.
Comment by
BigNutter on Jan 17, 2018 9:22pm
I think the guy was commenting on all the moving parts....supply chain management. I once thought the same thing....but i think they are doing a good job.
Comment by
DiligentSon on Jan 17, 2018 9:52pm
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DiligentSon on Jan 17, 2018 9:53pm
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Comment by
stockvet on Jan 18, 2018 9:02am
By other news I mean positive California SP boosting NRs about finances or licensing!
Comment by
DiligentSon on Jan 18, 2018 9:24am
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Comment by
DiligentSon on Jan 18, 2018 9:32am
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Comment by
Unvme83 on Jan 17, 2018 11:41pm
Lol a recipe and some cocoa. It's a little more complexed than that chief, its not exactly an AERO bar. The hardest part about making edibles is getting consistent dosage in each piece that you EAT while still having a high quality of taste, both of which they have seem to tackled