Wednesday, April 07, 2021 2:54:43 PM
Oversupplied.
Retail prices collapsing.
Over 1.2 million kilograms of (legal!) dried cannabis in Canadian inventories (30 grams for all 40 million Canadians)
https://www.canada.ca/en/health-canada/services/drugs-medication/cannabis/research-data/market/dried.html
Oversupply will continue. As prices collapse farther expect to see cannabis sold more often in bulk (as the plastic containers cost more than producing the product itself).
ACB is worthless
Recent ACB News
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
