This is because they were predicting many more locations selling, and not factoring in any supply problems. The fact is it will take a solid 6-12 months before a steady supply is able to meet the true demand.
And the great news about that is that once they have a solid supply, the price will be driven down. Price coming down sounds bad, but it will be able to increase volume not just from new entrants but also stealing market share from the black market.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.