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Re: damAcon1 post# 19270

Tuesday, 01/17/2023 3:21:46 PM

Tuesday, January 17, 2023 3:21:46 PM

Post# of 21245
I think this is the year they will do two things to improve growth:

1) On the one hand they do nothing different and just continue to run a tight ship and be a strong contender, then wait for the weak to fall. Over time, less competition = more traffic driven to SHWZ stores. I don't think a lot of people fully grasp the significance of the fact these companies that are in trouble CANNOT FILE BANKRUPTCY. Cannabis is still illegal on the Federal level, so they can't gain relief through the Federal court system. That means they either sell for pennies on the dollar, or they just run out of money and close up shop.
2) Cherry-pick the best locations at bargain basement prices.

I don't anticipate them going to another state at this point, but you never know...
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