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Posted On: 01/18/2020 12:39:08 PM
Post# of 75040
Management began serious consideration for THC infused beverages about a year or so back when they discovered just how interested a major U.S wine and liquor distributor was in this market.
It was pushed back some as this large distributor (RNDC I believe) expressed that they didn't intend to enter the CBD infused market until sometime in 2020, likely due to regulatory uncertainties, but they reiterated that they were much more excited about the THC infused prospect.
They anticipated this going mainstream once federal legalization of marijuana is realized, and it's anticipated that THC infused beverages will be regulated in much the same way that wine, beer, liquors and all alcoholic beverages are now. THC prohibition will come to an end, and THC infused beverages will be HUGE.
Given that the management team has seen the writing on the wall, I believe they'll make RMHB a pioneer in the hugely lucrative THC infused beverage market using their Rocky Mountain High cannabis infused beverage trademark. We'll just have to hang in there and see what develops.
It was pushed back some as this large distributor (RNDC I believe) expressed that they didn't intend to enter the CBD infused market until sometime in 2020, likely due to regulatory uncertainties, but they reiterated that they were much more excited about the THC infused prospect.
They anticipated this going mainstream once federal legalization of marijuana is realized, and it's anticipated that THC infused beverages will be regulated in much the same way that wine, beer, liquors and all alcoholic beverages are now. THC prohibition will come to an end, and THC infused beverages will be HUGE.
Given that the management team has seen the writing on the wall, I believe they'll make RMHB a pioneer in the hugely lucrative THC infused beverage market using their Rocky Mountain High cannabis infused beverage trademark. We'll just have to hang in there and see what develops.
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