Friday, October 11, 2019 6:31:50 PM
Quebec already sells legal for $5/gram.
it is well worth it to grow your own. Some could save thousands of dollars every year.
There isn't anything in the world that could save you more money.
Why is this?
Fundamental economic principles reveal the answer.
Simply, when there's money to made.. humanity will take opportunity.
How do you fight competition when anyone CAN produce the same exact product?
The only way.. with price.
Historically the pricing battle continues until the bare minimum.. until.. its not even worth the effort to grow your own.
That will happen to this industry. Just as it was hundreds of years ago.
The prices we see now are the prices of an illegal black market product. This industry, and even governments are severely exploiting the consumer.. just because they can.
Prices will fall under $0.50/gram severely decapitating the value of the global market.
Producers projecting billions of dollars in potential revenue would see sub hundred million.. but when this time comes, the ones projecting the billions.. will be well out of busines from commiting to extremely unsustainable busines models as a product of either stupidity or greed.. maybe a bit of both.
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