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Vandalayind

11/22/19 8:05 AM

#61651 RE: JohnCM #61649

I do not.

https://faisamtrader.com/cannabis-stock-rally-looks-overdone-with-profit-expectations-still-too-high-mkm/

Kirk reiterated his expectation that over time, flower and extraction production will become commoditized and profitabiliy will decrease, similar to how other agricultural products perform. U.S. producers have seen the same trend in the first years of their operation with most still unprofitable after three years. “We are already beginning to see the cracks in Canada: Pricing is down, gaps to illicit aren’t closing, and consumption per federal license is contracting

Vandalayind

11/22/19 8:07 AM

#61652 RE: JohnCM #61649

Margins have already been the best they'll ever be. Now it's a volume game, and decreasing volume isn't promising.

genos1234

11/22/19 4:03 PM

#61689 RE: JohnCM #61649

You hit this right on the Head ! back where we open at .

JohnCM

11/22/19 8:31 PM

#61691 RE: JohnCM #61649

Even today. Pretty good.