There are several ingredients to acknowledge here
1. Management delivery - tick
2. Raw material pipeline in place( Cannabis/Cannabinoid) - tick
3. Target markets - medicinal & cosmetic, multi BILLION $$$$$$$ dollar markets - tick
4. Cosmetic range in place with more products in the pipeline - tick
5. Distribution structure, in place with more distributors being put in negotiated globally for cosmetic range - tick
6. Medicinal market,white paper presented, at forefront of being a major player in this market - tick
7. Regulatory approvals for cosmetic range - In place for Europe with FDA and TGA in process - tick
8. Disrupting staid markets - Cosmetic markets have not had any new innovation since Helena Rubinstein in the early 1900's. It is now possible that MXC with the cannabis formula could completelty disrupt a multi billion dollar cosmetic market - tick
9. About to be cashed up with several million $$$. Action plan to be expedited. - tick
10. Access to global markets - tick
11. Potential product range adaption for cannabis/cannabinoid is vast. Opportunity for collaborations with major players in the cosmetic/medicinal markets is enormous. MXC management have demonstrated that they are professional deal makers - tick
.....yes, I think it is a good thing.
Your call.
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