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Canadian Marijuana Market
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Canadian Marijuana Market
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#1451 | |
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Member
Join Date: Mar 2018
Location: Hop, skip and a jump away from YYZ
Posts: 97
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Quote:
for canadian Lps to have actual value in those market, black market needs to be killed before they drop the price here. Run the math The bottom line puts you in the very high price commodity range, think exotic fruits? Maybe? How long it takes to get there depends on the black/grey markets. as the white markets won't be budging anytime soon. (many have debt they need to pay back before price plummets) not to mention ridiculous taxation, since those taxes have been announced its almost like the wild west here the first real increase in price in the last decade. (that i've noticed anyway) It won't be long before the only real money in this industry is owning and licensing unique intellectual property, and testing. |
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#1452 | |
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Senior Member
Join Date: May 2008
Location: evil store owner
Posts: 1,648
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Bottom line is that cost of production will be less for growers in the states. |
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1 members found this post helpful. |
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#1453 | |
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Member
Join Date: Nov 2014
Posts: 438
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I really can't see how the big LP's expect to survive, I'm sure those selling shares don't care as they've already cashed in and will probably leave a shit load of bag holders. It'll be CEN Biotech all over again lol |
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1 members found this post helpful. |
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#1454 |
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Newbie
Join Date: Feb 2018
Posts: 4
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#1455 | |
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Dipshit Know-Nothing
![]() Join Date: Aug 2013
Location: Van Isle, BC
Posts: 4,971
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#1456 |
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Member
Join Date: Feb 2017
Location: under fir and cedar
Posts: 94
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Now you are just cherry picking facts. Terrible jokes aside, broke the hymen in what way? Aphria being the first to tap into the export market? List on an American exchange? I think a few Canadian LP's have already been exporting to countries in Northern Europe.
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