News Focus
News Focus
Followers 18
Posts 1767
Boards Moderated 0
Alias Born 01/16/2018

Re: IndustryParticipant post# 921

Tuesday, 12/18/2018 2:04:21 PM

Tuesday, December 18, 2018 2:04:21 PM

Post# of 5536
Yeah, I just joined the FB group and was reading a member's DD. A snippet regarding NY:
4: MMEN will dominate California. It has approximately 6% market shares right now, most of them are in Southern California, but MMEN has many more pending acquisitions in Bay Area. California is projected to have 11 B market for MJ sales, which most of them are sales in black markets. California’s 11B is larger than Canada’s whole market (1.8 B medical + 8.7 B Rec). In comparison with MMEN’s US major competitors, Acreage only has a cultivation license in CA, and Curaleaf only has manufacturing licenses and mobile dispensaries without retail stores. This is huge first move advantages for MMEN comparing its peers in California. In addition, New York is an important market which only allow 10 ROs, and MMEN own two of them (20% share in NY).

Here is the link, but not sure if it will open since it is a closed group. Lots of good info there, too, from savvy investors.

https://www.facebook.com/groups/307290210056591/permalink/347962489322696/


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today