CANNAINVESTOR Magazine February 2020 | Page 106

Last but certainly not least, it should also be kept in mind that in

addition to its pharmacy network, Elemental Pharma has also set up other lines of marketing. Some of those include MLMs ( multi-level marketing companies), online affiliate markets, social media marketing, and direct marketing among others. The company currently has as many as eight wholly owned subsidiaries under its control and hopes to fuel its growth through those entities.

However, it is also necessary to keep in mind that the total

addressable market for Elemental Pharma is significant and

if it can corner a portion of that market, then it could

possible turn into one of the larger operators in the

industry.

Research suggests that the total addressable market could

eventually grow into as much as $11.3 billion and hence,

it is quite clear that there is an immense promise for a

vertically integrated company like Elemental Pharma. The

company is currently harvesting 55,000 kilos of biomass a

year and it seems to be on the right path to prominence in

the CBD market.

For the full-article and presentation on Elemental Pharma, Inc., please click on this link https://joom.ag/jpOe.

Elemental Pharma, Inc.

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