Canadian cannabis update
Should investors be worried about a further fall in stock prices? Or is it an even better buying opportunity?
www.morningstar.ca
Yeah homie, I basically give away the yield from my four allowable recreational plants. All for free.The Right to grow thing has really screwed them. Last summer many people who didn’t even think about the herb before grew it right in their backyard gardens. This year will be more. The law forces us to give it away for free and they are trying to peddle shit oil that’s worth more than gold.
It's getting to the point where it so cheap that a lot of folks are simply too lazy to bother even. After all, even in the backyard it's some amount of work.Yeah homie, I basically give away the yield from my four allowable recreational plants. All for free.
They won't be able to compete, the Black Market is turning into a FREE Market. lol
How can they compete with FREE?
Give a guy and auto that's got only four weeks of flower left. "Here you go bro, keep it alive for four weeks and chop it to smoke!!"
Know what they do? They buy a light and a tent for that puppy and the rest is history!
True. Was thinking of a 55 gallon rain barrel and a coco drip system outside this summer. Make it easy peasy tree season.After all, even in the backyard it's some amount of work.
From a guy who has run a store and watched the market for a long time.LOL in the US you went to jail for year for a joint and with 10x as many people the market was different. In Canada you got a slap on the wrist for smoking and you lit one up while walking away from the cop.
If they price match the gray market they can't make enough money, if they put a legal dispeansary on every corner they just dilute the current customer base between 100's of stores. Even if 50% more people started to buy the stores can't survive.
we have been yappin this exact idea now for close to 6 years and counting.. lol. same old same old.So with all this clean and tasty stuff going around and even increasing by volume as years go by, how do they expect the LP market to thrive at all?