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mattysimone

02/29/12 10:11 PM

#46672 RE: StockBang #46665

Go look at there menu and prices. Id say a heavy pot smoker for rec use is 1-2 ounces and the same for a medicinal user. a casual user would be a half ounce to a ounce. a weekend smoker would be 1/4-1/2 ounce a month. The beauty of the cannacig will be there is no waste so you take a puff with no bud burning away :)

go rfmk
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BayouTrader

02/29/12 10:19 PM

#46676 RE: StockBang #46665


California has 1.1 million medical marijuana users



http://blogs.sfweekly.com/thesnitch/2011/05/norml_medical_marijuana_11_million.php


This is an article from 5/31/11 so the number may have grown or not, I can only go by what is presented but if I was a betting man I would put my money that this number is higher.

From the article:

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"In Colorado and Montana, which do keep such tallies, 2.5 to 3 percent of the population are medical marijuana users. There are approximately 37 million people in California -- 2. 5 percent comprises 750,000 patients, and 3 percent of which is 1,110,000 million legal medical marijuana users."

"That's up from 75,000 in 2004 and 300,000 in 2007. In other words, there are more licensed medical marijuana users in California than there are people of Native American tribal descent, according to Census data."

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The trend of medical MJ users is rising and these numbers are not including every state. One must also take into consideration that more states have started initiatives/steps to have medical MJ laws like such states as California. Will they be successful, maybe or maybe not.

How much will the CannaCig retail for? I don't know. What percentage of medical MJ users will use the product? That's yet to be seen. But we do know that as of 10 months ago CA had 1.1 million users so that would be a good starting point to do one's own calculations. Along with the increase in users that is rising every year.

So just for hypothetical situations, let's say that with CannaCig being an improved product takes the market by storm and becomes the premier choice for users. Let's just use a round number of $25 dollars for easy math. 1.1 million users X $25 equals $27,500,000.00 dollars.

How often would it need replacing? How long does just one last? Could users need more than one? Those are questions I don't have the answers to but I think are valid. Hopefully we will learn more in the coming days.




Hope this helps some. I will share any other DD I find with the board. These are just my opinions posed to the board, always make sure one does their own DD.

GLTA