Receptive Capital Blog
Opinions and updates on the East Coast cannabis markets.
Old Pal “Baked At Home” Hits The Mark
This product hits the mark and, in our view, provides validation for the "cannabis will be everywhere" element of our thesis. The cannabis plant is so dynamic and we have decades of product innovation ahead of us. That is what makes the consumer side of this business so attractive to us as investors.
This product hits the mark and, in our view, provides validation for the "cannabis will be everywhere" element of our thesis. The cannabis plant is so dynamic and we have decades of product innovation ahead of us. That is what makes the consumer side of this business so attractive to us as investors.
Some people may see this as a "clever product". We see this is as a company who knows their customer base and provides straight forward solutions to their needs in the form of a product. Making your own edibles seems daunting. This product makes it possible.
Cheers to Old Pal for keeping it simple and sensible when it comes to new products. Will this be a big category? We don't think it matters. This is a showcase of cannabis product development, branding and marketing maturing in the cannabis industry and we're very excited about it. And we can't wait to try them...