Cannabis has come to Canada. It’s already here in terms of medicinal usage. It’s coming soon in terms of the recreational market. But cannabis is coming to the United States too. It’s evolution in the U.S. is on a state-by-state basis. However, because of the much larger American population, this already means even greater economic potential in the U.S. than for the entire Canadian market.
Just one state – California – represents a larger cannabis market than all of Canada. Recreational cannabis is already legal in California, along with seven other U.S. states.
This has lured a number of Canadian cannabis companies to base their operations in the U.S. One of these companies is Nutritional High International Inc (CSE: EAT, OTCQB: SPLIF, Frankfurt: 2NU, Forum) [symbol “EAT”]. As its name implies, one of EAT’s focal points is the high-margin market for cannabis edibles products. It’s equally involved in high-margin cannabis extracts.
In a Q&A from May 2017; CEO Jim Frazier discussed EAT’s cannabis business. At that time, Nutritional High’s U.S. operations were spread across four states. Along with the enormous California market, the Company is also active in Colorado, Illinois, and Oregon.
Today we interview David Posner, Chairman of Nutritional High. He’s looking to talk about acquisitions, joint ventures, and Nutritional High’s growth strategy.
Read more at http://www.stockhouse.com/opinion/interviews/2017/11/17/a-multi-state-strategy-for-cannabis-success#8Dou8Fxo3XfIG721.99