InvestorsHub Logo

shylo14

03/04/18 9:43 PM

#33586 RE: shylo14 #33585

At that point, Caston predicts prices will run around $900-$1,400 for a wholesale pound of average quality marijuana, with premium cannabis selling for $2,000 a pound

growdoe

03/04/18 9:48 PM

#33587 RE: shylo14 #33585

Industrialization and innovation brings higher-order cannabis products that are not widely made at mass-scale by black market or end consumer. Products like Moon Rocks, extracts in fancy vape pens, cannabis lip balm, etc. will enable profit margins to remain up or increase.

If flower prices drop, SIGO becomes solely an extract company, for example.