North American Cannabis Holdings Inc (OTCMKTS:ALGA) has in numerous instances expressed its interest to enter the California cannabis market. The letter of intent targeted at taking over the California business has come as a beautiful surprise to many. It made the announcement today citing that it is part of its long-term plan to beat it rivals and as a result raise its rankingsin the market.
If all moves according to plan, it is expected that in the course of tomorrow it might move ahead to post an online presentation. It is expected to unleash several details in line with the set plan to enter the cannabis market of California. Experts have made projections that it might end up realizing $5.1 billion in sales in 2019.
It was recently that the company disclosed all regarding its developments in Canada and California as well as its strategic intentions. An official well conversant with the matter while addressing several news reporters said that similar progress was expected in Canada and of course that was to be in line with the meeting schedule for the coming week.
Turning Point Cannabis Strategies is at the moment focusing on coming up with a brand strategy for a cannabis grower and dispensary co-op situated in the greater West Coast and California and the opportunity being eyed with much zeal is that one in Washington.
Turning Point Cannabis Strategies is hoping that matters work out according to plan now that it has already done its part acquiring and implementing the model co-op operation.
A lot or businesses are in the current times learning about the essence of adopting model operation practices as well as the art of coming together to market the various products under the co-op brand name.
Turning Point Cannabis Strategies insists that it will soon be exchanging equity in Turning Point for equity in USMJ but to this point in time it hasn’t yet disclosed the specific details in line with the exchange. For now there might be a lot of speculations, but we will just have to wait and see.