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Posted On: 03/01/2018 2:33:39 PM
Post# of 103534
$ACG Green heading into power hour. Looking for a strong close today.
Alliance Growers expansion into Jamaica will be a strong strategic move for the following reasons:
Provides further geographical diversification
Anticipated lower cost setting than Canada
Canopy Growth Corp. has a subsidiary in Jamaica which validates the potential of the country by one of the largest, most respected Cannabis companies in the world.
Canada-based Timeless Herbal Care Limited announced it has secured a US$100-million deal to develop medical marijuana products in Jamaica for the international market.
Export potential to Canada, Europe and Uruguay and other South American countries.
With a population of approximately 2.8 million, there is also the potential for the local market due to high acceptance of usage among the population.
Alliance Growers expansion into Jamaica will be a strong strategic move for the following reasons:
Provides further geographical diversification
Anticipated lower cost setting than Canada
Canopy Growth Corp. has a subsidiary in Jamaica which validates the potential of the country by one of the largest, most respected Cannabis companies in the world.
Canada-based Timeless Herbal Care Limited announced it has secured a US$100-million deal to develop medical marijuana products in Jamaica for the international market.
Export potential to Canada, Europe and Uruguay and other South American countries.
With a population of approximately 2.8 million, there is also the potential for the local market due to high acceptance of usage among the population.
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