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Re: Pencow post# 62126

Saturday, 05/08/2021 7:55:46 PM

Saturday, May 08, 2021 7:55:46 PM

Post# of 69610
But couldn't you say the same thing for marijuana? Big tobacco already had millions of acres to plant on, and the infrastructure/network to do everything from grow to packaging to distributing to retail stores and medical marijuana dispensaries. Same goes for CBD products, only moreso because CBD products are being sold in probably every retail outlet that also sells cigarettes. Coulda, woulda, shoulda been a home run for big tobacco and they could have scaled up so quickly and priced it low enough to create a difficult barrier to entry for competition from new small companies entering the field. And yet it didn't work out that way. I'm not saying it can't be different this time, but big tobacco has failed in the past. Yes, they definitely "could" become competition for Hempacco. I think they try to buy a piece of Hempacco instead. And if they do bring competition, I agree with absintheminded90210 that it will validate the hemp cigarette space and bring more eyeballs/buyers. I think he's spot on there. After all, there's room for multiple companies in almost every industry