I think as soon as the air clears with the AG, we will be showing even more interest. As erbb is the only true player that has the ability to capitalize on the true legalization effects. As they are the only branded dispensary there is. And from just a rough low end estament of funds to be had from just Colorado alone is insane. After they see the feds and most other states will jump on quick! So think of these numbers. Say low end we have 2mill residential users in colorado. Say each person buys just one gram herb not to mention anything else these places sell(given most will purchase at least tens grams daily).
Thats is 2million x $10pergram(rough assessment say some oil or dabb that's tripple per gram) you get 20million dollars per day. now you do 20mill x 364 and you get $7,280,000,000 coming in on just a very low low scale assessment of the situation. Now think of if the sales are tripple that and the state has a 35% tax on physical mj. That's well over 7.2billion that the state and the feds have subsidized from just colorado alone!!!!!!!!!!!!!!!!!!!!!!!!
And that is just with the 2mill residential users. Think of tourism from neighboring states and travel from out of country. and High times Cannabis Cups, promotional events. Man I see easy in two years, a 120bill a year in this industry that the nation can muster up, and that's just to start. The future holds great potential. GLTA
