$CSUI The biggest issue in Switzerland is to find
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Posted On: 09/30/2020 9:23:05 AM
$CSUI The biggest issue in Switzerland is to find a landlord for indoor grow who accepts CBD production. But our situation is unique, and we managed to rent the territory of 556.5 m2 and get approval for our 4000 m2 place which is planned to be available on December 1, 2020.
The prices on weed have been dumbing in Switzerland, so in order to get a part of the market we have to reduce the price and produce more weed. For the EU market we will make an additional product line with dietary supplements, cosmetic, soft drinks etc.
In 2021 we will organize our working process involving first outdoor field to make 16,000 kg of raw material for our oil production."
When asked what investors should be looking for from CSUI as well as how the Swiss and EU cannabis space might change over the next year, Parrick commented, "There are coming big changes in the EU regulative connected with cannabis nowadays, but in some countries the healthcare department treats CBD only as a medical product and will not allow it as Diet Supplements or Food Supplies. So people can only buy CBD on the internet under their own responsibility. However, we managed to launch the import of CBD-vape oil and Sativa hemp flowers to EU as B2B and direct shops sales. Cannabis Suisse Corp. has forward-looking plans to expand outside Switzerland developing customized products. Some European countries like Germany, Denmark, Malta, Greece, and Italy discussed the possibility of creating a completely regulated cannabis market by 2028. Furthermore, Luxembourg intends to introduce a regulated market for adult use of cannabis by 2023.
Based on all of the above advantages of the Company's products, the situation in the European market and forthcoming amendments to the legislation, the Company's decision to launch new product lines and enter the EU market is more than an appropriate and timely one."
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.
Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
Or www.potcasts.ca
To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
https://www.barrons.com/press-release/investo...mp;tesla=y
The prices on weed have been dumbing in Switzerland, so in order to get a part of the market we have to reduce the price and produce more weed. For the EU market we will make an additional product line with dietary supplements, cosmetic, soft drinks etc.
In 2021 we will organize our working process involving first outdoor field to make 16,000 kg of raw material for our oil production."
When asked what investors should be looking for from CSUI as well as how the Swiss and EU cannabis space might change over the next year, Parrick commented, "There are coming big changes in the EU regulative connected with cannabis nowadays, but in some countries the healthcare department treats CBD only as a medical product and will not allow it as Diet Supplements or Food Supplies. So people can only buy CBD on the internet under their own responsibility. However, we managed to launch the import of CBD-vape oil and Sativa hemp flowers to EU as B2B and direct shops sales. Cannabis Suisse Corp. has forward-looking plans to expand outside Switzerland developing customized products. Some European countries like Germany, Denmark, Malta, Greece, and Italy discussed the possibility of creating a completely regulated cannabis market by 2028. Furthermore, Luxembourg intends to introduce a regulated market for adult use of cannabis by 2023.
Based on all of the above advantages of the Company's products, the situation in the European market and forthcoming amendments to the legislation, the Company's decision to launch new product lines and enter the EU market is more than an appropriate and timely one."
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.
Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
Or www.potcasts.ca
To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
https://www.barrons.com/press-release/investo...mp;tesla=y
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