Blum Holdings Inc (BLMH)

[BidnessMan]

The Canadian pot stocks are failing their stock holders with massive debt and over valued prices. The government in Canada has been over supplied with pot and are cutting back buys. Then there are some like CGC, that made huge mistakes in product and had them recalled or had other management problems.

Pot growing is no different than Wheat growing. If to much wheat is grown the price goes down and the farmers make less and have to borrow more.

Try learning the underlying reasons for the industries failures. Who controls the growth of pot in Canada? The government.

The US pot stocks are failing because of governmental neglect. The Canadian pot stocks are failing because their government has no idea how a logistics system works. If Canadian provenances were able to forecast the demand correctly and worked closely with their growers they would not be jerking their suppliers around and causing over production and debt for these companies.

The savior for Canadian pot is the same savior the US pot stocks needs - US legalization. Canada has to much production capabilities and not enough demand. CGC all by itself could supply all of Canada.