Wednesday, November 30, 2016 1:23:00 PM
Up to now some of the growers and their shareholders are enjoying been in the lime light having achieved spectacular capital gains. Recently V.ICC a new CSE listing announced it is building a grow operation in Uruguay. This is on top of the more then 350 MJ operations.
The announced growth in production plans by growers is going to continue to lower the price of marijuana. As prices fall, the usual response is to increase production to make up for the reduction in revenue which happens in other commodities, like pork and most recently oil. Further lowering the price of the commodity.
In the case of oil it is the refiners and consumers who reap the benifit of the lower commodity price. I look upon Kushtown USA as a refiner turning marijuana into various products selling them to consumers, both benifiting from lower raw material costs, the company from increasing profits and the consumer from more affordable prices. Which would create higher sales.
This is why I am such a firm believer in the ultimate success of Kushtown USA and back it up with a 6 figure investment in the company.
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