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Posted On: 12/02/2024 12:00:15 AM
Post# of 75038
We are not the only bonafide vendor with good product playing the waiting game on the U.S. to open up federal legalization of marijuana. We sell cbd infused beverages in Mexico waiting for the opportunity to expand into the U.S. Im pretty sure the THC infused product is in our crosshairs. Most of us are probably aware of Tilray out of Canada and their expansion in the U.S with craft beer breweries. I bring this up because i was encouraged about their CEO recent comments on their spot here in the U.S. and what they project. Their stock has not been doing well. Sound familiar? If its ok i will share. Remove if i broke some rule.
Anyway i was encouraged because we are sitting in a similar space ready to go. Here is his comment from wall street journal on the 23rd.:
“I’m either real smart or real dumb,” Tilray Chief Executive Irwin Simon said in an interview.
Simon said he aims to generate new revenue, build relationships with beer distributors and eventually use that network to sell marijuana-infused drinks if and when they become federally legal in the U.S.
In Canada, Tilray sells THC drinks, along with marijuana pre-rolls, vapes and gummies. The company doesn’t sell recreational marijuana products in the U.S., where 24 states and the District of Columbia have legalized recreational cannabis but the sale of marijuana remains illegal under federal law.
https://finance.yahoo.com/news/cannabis-compa...00859.html
Obviously RMHB is not the only player waiting to sit at the domestic table. Like others they have a strategy. When prudent they will play their hand. Good reason for me to stay long. Thats my 2cents!:
Anyway i was encouraged because we are sitting in a similar space ready to go. Here is his comment from wall street journal on the 23rd.:
“I’m either real smart or real dumb,” Tilray Chief Executive Irwin Simon said in an interview.
Simon said he aims to generate new revenue, build relationships with beer distributors and eventually use that network to sell marijuana-infused drinks if and when they become federally legal in the U.S.
In Canada, Tilray sells THC drinks, along with marijuana pre-rolls, vapes and gummies. The company doesn’t sell recreational marijuana products in the U.S., where 24 states and the District of Columbia have legalized recreational cannabis but the sale of marijuana remains illegal under federal law.
https://finance.yahoo.com/news/cannabis-compa...00859.html
Obviously RMHB is not the only player waiting to sit at the domestic table. Like others they have a strategy. When prudent they will play their hand. Good reason for me to stay long. Thats my 2cents!:
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