RE:RE:Only the regulars showed up to the pot party in Nov...Ok you link where the projections will be estimated at $700million per year
I will post a link showing otherwise.
Show me your link, not just verbal diarrhea
https://www.bnnbloomberg.ca/canada-s-pot-shortage-could-last-5-years-amid-edibles-demand-expert-1.1202192 ScotiaOne wrote: Careful... most folks here aren't really interested in the truth and when you dare question those with the reose coloured glasses they get mean.
stock1829 wrote: ...only a dismal $54 million cdn of cannabis was sold in the first full month in Canada. That's going to be an annual market of less than $700M if this keeps up. Yeh Yeh I know there were/are supply issues, but the real problem is lack of demand from the other demographics. None of the boomers showed up to the pot party. Something like 93% of all buyers were existing users.
Woha - this is way off the $5-7Billion projections everyone was making. This is turning out to be a small specialty industry - NOT the huge industry everyone was predicting.