InvestorsHub Logo
Followers 21
Posts 4840
Boards Moderated 0
Alias Born 12/21/2016

Re: awesomesound post# 123470

Monday, 04/26/2021 2:29:30 PM

Monday, April 26, 2021 2:29:30 PM

Post# of 128600
This is the natural evolution of any new sector. We have the template for what will happen by looking at Colorado, Oregon and California who are years ahead of us. There will be scarcity first, then everybody and his brother will have a license and over grow and crash the price then it will come in to a proper balance of supply and demand. There will be a great deal of consolidation of companies going out of business or being bought or joining up to make a stronger company. We are still very early in this and it is incredibly exciting. Canopy will have its place, if it is McWeed fine, if it is premium because they buy good growers (and leave them to do what they do best) fine, if they jerk around until they are insolvent, fine. That is the market.

Anything I post is my opinion only and subject to change on a whimsy