Marijuana Business Magazine April 2019

Month 2019 | mjbizdaily.com 13 optimistic forecast for this industry—has helped our company in Macedonia to get a solid team of experienced people. We have fewer problems in Slovenia. There, we have two major pharma companies, which makes Slovenia one of the hubs for young, talented chemists and pharmacists. When you mention the cannabis industry, nobody turns down an interview. Most of them are keen on working with cannabis, and the main motivation is potential for innovation. What are your tips for evaluating possible business partners and avoiding bad actors in this industry? Be wary of traders and high promises or predictions. Give your potential buyers or suppliers a complex Quality Target Product Profile (QTPP). The ones who take time and effort to reply are usually worth your time. Pay special attention to potential investors. You can lose a lot of time and give out a lot of valuable information, and things rarely get done if they’re not led properly and based on internal due diligence. Looking back, what would you have done differently? Maybe pay more attention to communications when deciding about collaboration with others. Most cannabis companies’ press releases are exaggerated to say the least, and your expectations may not be realistic. Time lost for unrealistic promises is very expensive. How do you see the industry changing, and what role will Macedonia play? I see CBD becoming a new star component in superfoods with wide diversity of benefits/effects. I see the medical market getting fully developed using extracts and final products with simplified delivery methods and standardized dosage forms. Macedonia will have a significant role in the production of flower because of the amazing climate conditions and low cost of production. Also, tax policies are friendly. It’s in the middle of Europe and has a long tradition in pharmaceutical active ingredient production. (This interview has been edited for length and clarity.) Stock Colors Info@JupiterResearch.com J U P I T E R R E S E A R C H . C O M (480) 867-6100 All of our Power Supplies are crafted with state-of-the-art components including Ceramic Cell atomizers, breath actuation , and an LED activation indicator . These compact devices are 510 Thread compatible and rechargeable via USB adapter (Included). Discover the CCELL difference today. Form & Function Available in Jupiter or CCELL Packaging $24.95 MSRP $24.95 MSRP 500mAh Li-Ion Battery Available in Jupiter or CCELL Packaging Ask About Customization Options