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happyglass

10/01/20 12:59 PM

#32713 RE: Giovanni #32704

The black market has gone from 100% of cannabis sales to 75% and the full licensed industry is not even at 1/2 speed yet.... whose ass is being kicked? Black market has had to cut their prices so their margins are the worst they have ever been. This price reduction on the part of the LPs is short term and it is a way to get rid of the over supply backed up from the slow rollout. A couple of quarters off loading the overstock, analyzing the feedback and tweaking the production to be well received going forward the legal guys will be just fine. The black market guys who have talent will start their own artisanal grows and everybody will be better off in the next 3 years :)