Well it sure is not going to be the normal pump and dump. Ask the day traders.
I want to also make very clear fellow investors these 30 grow life stores or what ever they have now are competing with thousands of other online hydroponic websites, local stores, amazon (yeah search for led grow lights on amazon!), nurseries, hardware stores and Walmart. I could leave Walmart and make a sweet diy setup for very cheap. But that's because I know what I'm doing. However their are lots of websites that teach you all of this Step by step.
Big companies like sunlight supplies and hydrofarm are on a whole norther level for sales. They carry patents, big selection of products that they designed and I could fill my own hydroponic store for 25k. they are just the middle men Owning wear houses across the us! Grow life I'm sure prob sells their products also.
Phots just the best company for now to own shares in. The owners seem to have a good grasp of things and this is a real company! O yeah let's not forget it's still going to be a hot topic for many years to come.
All of these stores could fade away in time. like I said before bud will get very cheap. However it will be taxed... People won't want to spend big bucks to grow inside. Especially when they can grow outside and have enough bud to last them and their best friends for a year. You know in Cali one person can have 100 plants. With the right grower the amount of bud that could be produced is scary for one person. The cost of bud will be so much cheaper in 15 years when I can go into the gas station and pick out my fav bud next the the nasty cigs. A lot of these hydroponic stores won't be doing so well. A lot already did fail.
I will feel so much better if they start to focus on the future of a brand name with quality bud like "Marlboro" anyone know how much money they made off of tobacco? ; )
I wish us all the best I am long but my eyes will be watching that trend.
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