Your case study check list now includes several reputable third party sources such as CIBC and Deloitte.
There are many companies looking to enter the beverage market including several LPs (WeedMD, HIKU [via Canopy], Harvest One, TGOD, Delta-9, Auxly, Aurora, Organigram, etc) – remember please that including or excluding a company is not inferred investment sentiment but rather a function of their being too many to mention.
There are also many other companies looking to the beverage segment such as one of the companies featured this month (Naturally Splendid Enterprises Ltd – Click Here) and I encourage you to read that investor focused content. As we near the end of this case study there is one more “must” that we emphasize – talk to the companies! It baffles me to no end how people will act on what they see and read on bulletin boards and platforms but will not pick up the phone or send an email. Often what a company tells you also applies to the subject matter at large. For this section of this case study, I reached out to a few household names. As you read earlier, you can look forward to the Q&A with Auxly either in August or September. We also contacted Phivida (VIDA), Xanthic (XTHC) and Province Brands (COLS.P) for this article. Despite them issuing frequent press releases regarding their years of beverage development, they declined to provide product status updates or information on store availability for this article.
In my article last month in both editions and in other past content, we discussed in detail Harvest One Cannabis Inc and their recent acquisition of Dream Water. I was fortunate enough to secure a CannaInvestor Magazine exclusive – a Dream Water exclusive interview with Harvest One …. Please enjoy ….
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Louis Kyron, CPA, CGA
Editor in Chief
@LouisKyron