InvestorsHub Logo
Followers 9
Posts 2000
Boards Moderated 0
Alias Born 05/11/2015

Re: TheRealMrPirate post# 46363

Thursday, 09/06/2018 10:47:30 AM

Thursday, September 06, 2018 10:47:30 AM

Post# of 52915
Now it’s the water, first it was electricricty that didn’t work so switch concerns to water. You make it sound as if every company is going to close due to an electricity cost increase.

When your cost go up, the price of the product does so if they end up paying more to produce that means all growers will be paying more and the price of flower will increase to cover the higher cost. Just as the power company will increase prices because their cost went up from the wild fires in 2017. Just as the the water company may increase their price because their costs went up so will the MJ cultivators and dispensaries. Really the ones paying for the fires in the long run are the residents because their costs of goods are going up for everything they buy. The wholesale price of MJ has already risen in CA due to increased regulations and the price may go up again due to increase in cost to produce.
Join InvestorsHub

Join the InvestorsHub Community

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.