Wednesday, June 14, 2023 2:56:16 PM
Simple due diligence.
I know the cannabis market really well…
You believe in lps.
I don,t.
I called this Ponzi in my first post here in 2014.
Awesomesound also made this call.
Dude also has a licence to grow and knows this market well.
Got lots of flack for my predictions but it,s fun to speculate on this bubble.
You have 3 kind of buyers.
Due diligence buyers, emotional buyers and your gambler.
Emotional buyers have their own theories…
I.E. if it rains for 3 days in a row its time to splurge on Tilray.
You also have gamblers…
I prefer to do my own research!
Aurora just lost another cool 87 millions by-the-way.
I may be wrong but, so far, so good
Lps are doomed trying to sell bunk weed lower than production cost.
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