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02/08/19
11:01
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Originally posted by longwindingrd:
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I can't imagine there are any upfront costs involved maybe some collaborative educational and marketing costs about product info and getting the word out. Moving the manufacturing base to Shenzhen is a brilliant move. Apart from the huge savings on manufacture, it's also a really cool city. It's also shaping up to be there equivalent of silicone valley where New tech and innovations will flourish. Who knows we could still do a deal with the UFC. Aurora have the mdicinal sewn up but we have both now, medicinal cannabis and mouth guards together with the added knowledge and IP of soon to commence clinical trials. The lightning speed with the way these guys seem to move it's not impossible to break into the American markets with both the UFC and boxing, the mouth guards could be a huge part of IHL in the future
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yes moving the production to China is a great move, if you work the costs we save doing this we are almost cash flow positive and money in the bank, which other MedCann stock is in this position.