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CannaInvestor Magazine: Who are your competitors? What are your disadvantages? What are your advantages?
Cannalogue: In Canada, our competitors are the black market suppliers, other licensed producers, various warehouse-based marketplaces, and clinic access groups. In the US, black market suppliers, various CBD marketplaces, as well as low quality CBD producers are competitors. The illegal market continues to thrive and disregards compliance, thus saving time and costs. Other large licensed producers are better capitalized with more human resources. However, Cannalogue is an agile team that adapts quickly and moves fast. Our drop-shipping business model also saves warehousing cost and mitigates risk while allowing no limit to the amount of producers that can list product on the platform.
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CannaInvestor Magazine: What experience does your management team possess that would help investors sleep at night?
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Cannalogue: Cannalogue is built by doctors and made for patients. In medicine, the trust of our patients and the reputation among colleagues are paramount where we carried forth that same mentality into our business. Mistakes could mean life or death with zero tolerance for error. Running a medical practice also requires running a business and includes employees, medical equipment, and patient satisfaction. Furthermore, our diverse team comes from healthcare, banking, technology, and business where we are accustomed to heavily regulated environments and have track records of success.