Business
RavenQuest BioMed CEO Outlines Progress in Exclusive CFN Interview -- CFN Media
RavenQuest BioMed CEO Outlines Progress in Exclusive CFN Interview -- CFN Media.
About this update from Ravenquest Biomed Inc
[{"type":"text","content":"\nSEATTLE, May 09, 2018 (GLOBE NEWSWIRE) -- CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article and video interview covering RavenQuest BioMed Inc.'s  (CSE:RQB) (RQB.CN) (CNSX:RQB) (OTCQB:RVVQF) recent progress. CFN recently sat down with CEO George Robinson to discuss the company’s approach to the market, and what sets it apart from competitors.\n Canada’s cannabis industry is projected to reach C$22.6 billion over the coming years, according to Deloitte, driven by the legalization of adult-use cannabis nationwide. While there are over 100 licensed producers planning to have over 700,000 kilograms of production capacity online by the end of the year, Marijuana Policy Group estimates that demand could exceed 900,000 kilograms and there could be a shortfall in supply. Investors looking to capitalize on these supply and demand economics have many options, but the best opportunities are companies with strong management teams focused on a niche market that won’t be eroded by the commoditization of the industry over time. RavenQuest BioMed Inc. began as a management and consulting firm that helped nearly 60 clients become licensed producers of medical cannabis under Health Canada’s ACMPR program. After taking the time to understand their problems, the company partnered with McGill University and began researching technology solutions and began pursuing partnerships that leverage its public company status to finance projects. Four Pillar Approach RavenQuest BioMed’s experience helping companies become licensed producers helped form the four pillar approach that guides its current business. The company began by looking at some of the Good Manufacturing Processes, or GMP, issues facing their consulting clients. From there, they started asking if they could help out with the cultivation side of the business. Breaking down these problems led to the realization that many clients wanted bundled solutions. CEO George Robinson outlines these four pillars as questions in the interview: How could we be a company that consulted to generate immediate revenue?How could we work with companies from a targeted acquisition standpoint?How could w...