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Hydropothecary Corp (OTCMKTS:HYYDF) Focus On Strong Product And Branding

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Hydropothecary Corp (OTCMKTS:HYYDF) focus has been on advancing great offerings and distribution channels to boost its growth over the imminent years. This dual focus establishes the firm apart from several other licensed producers whose focus remains purely on recording scale as well as others that are focused on advancing pharmaceutical-grade offerings, and could prepare the stage for remarkable value creation over the imminent years.

The buzz

Hydropothecary has invested greatly in product R&D. Its Decarb cannabis pills can be defined as ready-to-consume activated pot powders. These pills are priced between $3 per gram and $15 a gram, while its Elixir sublingual mist offers an easy-to-use consumption way. The offerings have already obtained awards at the initial Canadian Cannabis Awards, counting a preliminary place honor for its Decarb cannabis powders as well as third place for Elixir.

Concurrently, the firm is investing around $25 million in establishing a 300,000 sq. ft. facility. The expansion would allow the firm to generate a projected yearly output of around 25 tons of cannabis. This would turn it into among the leading producers of legal cannabis with many competitors trading with over $1 billion market capitalizations.

Hydropothecary was incorporated in 2013 with an objective to offer Canadians with medicinal pot combined with a remarkable consumer service experience. Established by brothers-in-law Adam Miron and Sébastien St.-Louis, and associating with Louis Gagnon, the company is based in Gatineau, on a 65-acre farm along the Rivière des Outaouais. The firm’s founding objective is to combine artisanal cultivation techniques and quality manufacturing with the highest levels of consumer service, satisfaction and privacy. Its medicinal cannabis is naturally cultivated, without the application of synthetic pesticides in advanced greenhouses.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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