Great post, Future. SK as licensor and licensee an
Post# of 36729
Posted On: 09/13/2013 8:56:26 PM
Great post, Future. SK as licensor and licensee and important helpmate to state govt in regard to mmj industry (Newsom endorsement). I also like the thinking about how SK can lawfully conduct business interstate. Add it all together and the brands they're harnessing, the money will be rolling in. Max out revenue. Minimize overhead and liabilities. No wonder Benz momentarily dropped his cool and got so excited about SK collections. This is a very big deal they're into!
Furture's morning post:
"Sorry to jump in so late...the licensing is brilliant and an area I specialize in. This goes back to MG owning brand names which I think is HUGE. Recognition is why mass distribution will work. Sovereign OG/Yak. Remember all the Fed talk about tracking from "seed to sale"?
2 things here - 1st SKTO is working directly with collectives and now dispensaries to provide them with branded seeds/formulas. If they seek multiple state expansion they will not be producing any goods in CA and shipping them to another state, that's illegal. Rather they will provide services and license the formulas so that local producers can make their branded product, and SKTO will get a fee from that.
2nd - I think SKTO is going to be working with the government/legal side of the situation to keep all those involved operating within clear boundary of the law. The profits on licensing are endless."
Furture's morning post:
"Sorry to jump in so late...the licensing is brilliant and an area I specialize in. This goes back to MG owning brand names which I think is HUGE. Recognition is why mass distribution will work. Sovereign OG/Yak. Remember all the Fed talk about tracking from "seed to sale"?
2 things here - 1st SKTO is working directly with collectives and now dispensaries to provide them with branded seeds/formulas. If they seek multiple state expansion they will not be producing any goods in CA and shipping them to another state, that's illegal. Rather they will provide services and license the formulas so that local producers can make their branded product, and SKTO will get a fee from that.
2nd - I think SKTO is going to be working with the government/legal side of the situation to keep all those involved operating within clear boundary of the law. The profits on licensing are endless."
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