Sunday, April 06, 2014 12:43:17 PM
Lets be honest, When you want to invest in gold, you buy gold miners cause they produce the stuff. Tons of mining start-ups popped up in the wake of 2008 financial crisis... this did not hurt Barrick or Goldcorp.
It is legal to brew your own beer... do you see everyone doing that? No Canadians flock to the beer store @ $40 a case. Legalization of pot wont put Tweed out of business. Quite the contrary.
Tweed is focusing on selling weed. That is guaranteed to make money. These other companies touting new technologies and such may or may not be vindicated, but there is a LOT more risk involved. Tweed is relatively safe because they are focusing on the product for which there is ample demand.
To the point about them renting out space. This is a good business decision. The first couple rounds of quarterly earnings statements will be important to investors. They want to make as much as possible. Why leave the space empty if you aren't going to use it right away. This is a good decision by management.
This is my last post cause im limited to 3, but please refute if you are so inclined.
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