I would have preferred more details, no doubt. So I'll just take advantage of the sell-off and will buy lower.
But longer term, it's still the same thing that keeps me here...
- Lower labor costs
- 3 growing seasons
- Up to 15x bio availability
- Economies of scale
That will simply make it very difficult for many other growers to compete on a cost basis. They'll still have plenty of competition but I see long-term growth in the billions of dollars, annually. It's a longer-term play at this point, but relatively safe from my perspective.