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Re: TheGanjaGuru post# 161209

Friday, 02/26/2016 12:13:49 PM

Friday, February 26, 2016 12:13:49 PM

Post# of 290030
TSLA is in an industry which requires a lot of technical know-how to enter. MJ on the other hand is extremely easy to enter, as long as you have money, you can start your own brand (e.g. tokyo smoke). This market is therefore fiercely competitive.

When many established private MJ enterprises become cash-flow positive and opt for IPO to finance their next-stage of growth, TRTC will be in trouble.

Bottom line, financing a money-losing business in an extremely-easy-to-enter market doesn't make sense for the investors, unless you are short.