Creative Edge Nutrition Inc (FITX)

[stupified777]

Here is some great pricing information regarding Marijane sales from businessweek:

How much money is made from this single illegal substance? In fairness, nobody knows for sure. "Illegal" means hard data are difficult to come by. We do know, however, that according to recent figures, U.S. consumers number anywhere from 25 million to 60 million (depending on how likely survey respondents are to tell the whole truth), and at an average cost of $5 per cigarette (and factoring in one per day for each user), total spending on marijuana may add up to $45 billion to $110 billion a year.

What about possible tax revenue? From Canada we’ve learned that the production cost of (government-sponsored) marijuana is roughly 33¢ a gram. Currently, U.S. marijuana consumers pay at least $10 per gram retail for illegal marijuana. If the cost of retailing and distribution is the same as for legal tobacco cigarettes, about 10¢ a gram, then selling the (legal) product at exactly the same price as on the street today ($10 per gram) could raise $40 billion to $100 billion in new revenue. Not chump change. Government would simply be transferring revenue from organized crime to the public purse.


This is a higly profitable business and will be very lucrative for CENBiotech.

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