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Re: Hardcorehodler post# 11518

Thursday, 05/27/2021 8:55:18 PM

Thursday, May 27, 2021 8:55:18 PM

Post# of 21241
Thank you...and yes, in listening a second time, you are absolutely right. Also, thanks for taking the time to transcribe all of that. I know in the past I assumed the shiney new items were the new states coming online and the limited licensed states. The limited licensed states are the ones that have the ability to corner the market and price gouge consumers. I always appreciated Schwazze for focusing on Colorado and waiting for the dust to settle a little bit. Obviously a move to MSO should bring a new level of excitement to the stock price, but being able to create a profit in a highly competitive, typically lower margin, market will be their golden ticket later on...because they are proving to be successful. The companies going into these limited licensed states are overpaying f0r assets, and basically gambling, assuming that the state will remain limited forever. Most of these states are only medically legal. Larger players are jumping in thinking they will be able to flip their medical to recreational...or have first dibs when the state opens. All those thing are uncertain. Even the amount of licenses. I can see, in time...since the landscape is changing daily...that the govt in the states with limited licenses will start to enjoy their new influx of tax revenue and then think, "hey if we double the licenses, we can double the tax revenue". Great 3min company recognition onCannabis Investing Podcast, posted 2 days ago, starting around the 37:30 mark.
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