$MSPC Canadian suppliers were unprepared for the d
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Posted On: 12/26/2018 9:38:24 AM
$MSPC Canadian suppliers were unprepared for the demand of Cannabis when it was legalized nationwide in October. "MarketWatch talked to officials and retailers in eight of Canada's 10 provinces, and all said they are receiving only small portions of the product they have ordered. One of the provinces, British Columbia, said supply issues aren't expected to be resolved for six to 18 months, based on discussions with licensed pot producers." wrote Max Cherney of MarketWatch. This clearly highlights the massive opportunity Metrospaces has right now, ahead of any easing of US cannabis regulations, to procure real estate for cannabis growth, sales, etc.
The US Federal government is on the cusp of a cannabis regulations change as states continue to ease their own laws. The passage of the Farm Bill with provisions for Hemp is only a teaser for whats to come when cannabis regulations are relaxed. The time is now to secure land and facilities, something Metrospaces is focused on.
Discussing the recently announced acquisition, Mr Brito stated, "This acquisition would introduce us in the cannabis industry through the front door. It's a very neatly run operation, with substantial upside potential. We think it's the perfect operation for us to focus after our very positive experience in IQSTel" [now public, trading on the OTC] Metrospaces is set to grow rapidly, like it did with IQSTel, leading one to expect a spin-out or other potential lucrative transaction in the near future.
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The US Federal government is on the cusp of a cannabis regulations change as states continue to ease their own laws. The passage of the Farm Bill with provisions for Hemp is only a teaser for whats to come when cannabis regulations are relaxed. The time is now to secure land and facilities, something Metrospaces is focused on.
Discussing the recently announced acquisition, Mr Brito stated, "This acquisition would introduce us in the cannabis industry through the front door. It's a very neatly run operation, with substantial upside potential. We think it's the perfect operation for us to focus after our very positive experience in IQSTel" [now public, trading on the OTC] Metrospaces is set to grow rapidly, like it did with IQSTel, leading one to expect a spin-out or other potential lucrative transaction in the near future.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005
info@stockmarketpress.com
https://twitter.com/PressStock
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