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Re: In Plain Sight post# 18823

Friday, 11/25/2022 2:00:12 PM

Friday, November 25, 2022 2:00:12 PM

Post# of 21207
I agree with your assessment of said overvalued company....however for some strange reason people seem to think that interstate commerce is going to happen sooner rather than later. You listen to comments on Twitter spaces acting like it is some under the radar stock pick because of it's capability to product product at scale. It is a complete re-gift of 2018 Canadian players...apparently people forget (pretty fast) on just how well that worked out! Plus, it is laughable at this point to think that it is anywhere close. Sure it is happening in the illicit market, daily, but to have new states turning online knowing that the win is in everything seed to sale within their borders, why would any state give up a possible, significant, revenue stream even if it was acceptable? Then you look at all the states that are talking about IC and realize just how hilarious it is. It is the states with an oversupply issue! Of course they need to come up with some type of (investor) sales tactic, if they want to remain relevant.
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