Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #537 on ETFMG Alternative Harvest ETF (MJ)
JohnCM
04/14/18 1:43 PM
#540 RE: Snotbubbles #537
It was compelling right up to the part where they talked about demand. Compared the demand in Canada (pop. 36M with $120B+ tourism industry) to Oregon and Washington (pop. 10M with $12B tourism industry). A better comparison of demand will be California with pop. 38M and $125B tourism industry. The demand numbers in Oregon and Washington were 563,000 kg in Year 1 and 902,000 kg in Year 2. Not hard to project double the demand with double the population and a 10x larger tourist industry.