InvestorsHub Logo
Followers 147
Posts 15724
Boards Moderated 0
Alias Born 04/20/2016

Re: Floatable1 post# 50270

Wednesday, 01/23/2019 8:34:56 PM

Wednesday, January 23, 2019 8:34:56 PM

Post# of 52915
Marijuana can’t cross state lines legally. So what goes on in other states, stays in other states. Nevada still does not have enough marijuana from the articles I read. Nevada has the highest wholesale price too. The state of Nevada keeps the prices high by limiting the number of grow licenses to keep wholesale marijuana prices high because the taxes are based off percentages and they said that in the local news here. Players not producing any products that they’ve grown since getting their Nevada licenses In 2014 that I am aware of is a disappointing giant wasted opportunity.

If they grew it and produced a menu of products like normal growers do and priced It accordingly, I have zero doubt they’d be selling 100% of it to dispensaries

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.