CPH 0.00% 0.9¢ creso pharma limited

Ann: Creso Pharma to Acquire ImpACTIVE Holdings Ltd Assets, page-27

  1. 453 Posts.
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    As a shareholder of Creso, and an interested observer of this new emerging industry, I know all of those companies. In fact, so does Creso and we already have relationships with at least 3 of them.

    This still has a long way to play out. Terrascend and Canopy are struggling to secure market share in the US market as we speak - and are advancing their positions via ............ aquisitions !

    The major obstacle to getting ahead in the US for now are the regulations. In a nutshell, foreign weed companies cannot do business in the US because our product is still technically illegal - and nobody can list on US exchanges with an illegal product, including the big guys that you mentioned. It's a very good thing that Creso are present in the mix. The Biden decision will be MASSIVE.

    Maybe Creso will end up being suppliers to some of those larger concerns - just like independant grape growers supply the big labels ........... who knows at this stage. It is already being reported that US demand will outstrip supply when the floodgates open.

    Nobody is cocked and ready or something.
 
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