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Headtalk

02/28/18 4:39 PM

#1906 RE: jmoney360 #1905

The Canadian feds are losing tax revenue also so they want to get recreational use setup ASAP.


https://ipolitics.ca/2018/02/27/feds-expect-35m-tax-revenues-cannabis-sales-first-year/

This is normal .... in MA it took over a year to get setup for recreational use.
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Gauge1

02/28/18 5:19 PM

#1907 RE: jmoney360 #1905

Spot on.....people have super unrealistic expectations on the pot stocks. The actual numbers required to justify the current prices are just not feasible. In reality each pot company would have to strike lightning perfectly...It's just not going to happen. $7 for sure price target within next 90 days.