This is because they were predicting many more locations selling, and not factoring in any supply problems. The fact is it will take a solid 6-12 months before a steady supply is able to meet the true demand.
And the great news about that is that once they have a solid supply, the price will be driven down. Price coming down sounds bad, but it will be able to increase volume not just from new entrants but also stealing market share from the black market.
Chef get your head out of the oven, the short bread cookies are all burned up. Now is the time make and a pineapple longside down cake.
"Colorado, the first state to tax legalized recreational marijuana sales, expects to bring in an estimated $98 million in revenue this year, exceeding the state's original expectations by 40 percent."
Once again "ITS TAX DAY PEOPLE<" this happens every year, just like Christmas. Buy Buy Buy.
Personally I forgot about it and have now cash :( I will be going to the Tattoo parlor tomorrow and getting "APRIL 15" tattooed on the palm of my hand.
Its kind of pathetic to condemn a stock just because its a penny. I got wind of this stock just recently only have 300k at .0037 I live outside of Portland Oregon and have been envolved in the drug world one way or another for 37 years. This is a amazing opportunity that only happens rarely. Those who take a chance will lose some and win some. At these levels losses can be minimal but wins at this stage have unlimited upside potential. Don't miss the boat because of fear, the risk is worth the reward. Of course IMO Yes I puff
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