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Tuesday, February 13, 2018 11:33:30 AM
That's the first time I've ever seen THAT fact acknowledged here !
And it's precisely what my down-to-earth Ex-BC Ferries Captain, has been pointing out all along....That with the black market AND all these LP's around ?....There's going to be a huge case of oversupply !
He also points out that the black market currently sells its' product for far less than the LP's (we know this to be the case thanks to his son's supplier pricing). Guy's selling an ounce for $190 whilst LP's will be selling for between $280 and $440 !....People are gonna stick with the $190 (just like the awesomesound's pointed on out).
Yeah/No : The LP's can't compete. They'll truly be needing that subsidy to do so.....*which could take some time to set up (if enacted).
And all this if true wouldn't bode well for share prices (perhaps as the past month has suggested).
My goodness.
Would'd love to see a 2yr chart of Canopy's weekly order sales....
They might just be flattening out....I dunno
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