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Re: happyglass post# 3715

Saturday, 01/14/2023 12:48:39 AM

Saturday, January 14, 2023 12:48:39 AM

Post# of 3740
Africa is also not one of them, at least not Akanda.

CEO Tej Virk is under investigation and on paid leave. https://is.gd/PUAx80

I'm not surprised to find what may be another scumbag fraudster hiding under Halo's umbrella. Seems EVERYONE there is a crook.




I think cannabis is a dead-end road no matter where you go. There are too many growers with too much acreage harvesting too many plants and flooding markets. Prices have plummeted, growers are cannibalizing each other, and in the end only the biggest and strongest will survive.

The pot bubble burst several years ago and is NOT experiencing a resurgence.

Shrooms have been gaining in popularity and are the new cure-all for PTSD, anxiety, depression etc. etc. and psilocybin treatments are now legal in Oregon.

Oct. 24, 2022

An oversupply of the cannabis flower has caused major retail competition between dispensaries in Michigan. Jerry Mullen, owner of Greenhouse Walled Lake, says cannabis prices have dropped about 50%, causing businesses to close.

“Prices are cheap,” says Mullen. “There’s an oversupply and the demand is still there, but there’s so many growers and processors in the market and they’re all cannibalizing each other.


Jan. 9, 2023

Tilray May Move Into Fruit, Beer as Cannabis Legalization Stalls

Excess growing capacity may be used for fruit, vegetables

Tilray Brands Inc., a marijuana company with a strong presence in Canada and Europe, may make more acquisitions in the alcohol space or even get into growing produce since US cannabis legalization hasn’t progressed as expected, Chief Executive Officer Irwin Simon said. 

The company, which sells products with marijuana’s psychoactive ingredient THC in Canada, has a plan to set up an infrastructure for potential distribution in the US, should THC become federally legal. But following a lack of US political action, it no longer sees that happening in the near future, the company said on its second-quarter earnings call. 




TAAAAAAAAAAAAT also appears to be on a dead-end road. I said that long ago and was ridiculed, but who's laughing now?