InvestorsHub Logo
Followers 0
Posts 886
Boards Moderated 0
Alias Born 11/15/2018

Re: None

Sunday, 05/05/2019 8:22:52 PM

Sunday, May 05, 2019 8:22:52 PM

Post# of 35275
Marijuana has quit a long shelf life. It will how ever start to lose is aroma after about a year. It all depends on how it is stored. Stored correctly it could last even longer. Not much worry about old product yet.
It sounds more like companies trying to move their products more quickly by becoming more competitive.
The black market has been quit active and will continue to be until the prices even out . Let's not forget that a lot of the LP's didn't have enough product to sell. So no need to compete. As their inventories grow then they will be more competitive. They will also have enough volume to be able to sell cheaper and still maintain cash flow. This was a well known fact that their would be shortages at first. Many of the big LP's hope to get their cost per gram down close to a dallor. High quality craft and organic will always have a special market and price tag.

We will see the legal products become far more competitive as the inventories rise and don't forget that Namaste is retail. They make their markup no matter where the prices go.