CSE:BRCK.U - Post by User
Comment by
BeeInveSTINGon Mar 24, 2019 6:08pm
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Post# 29529225
RE:10 years
RE:10 years
Good insight. And good suggestion in regards to choosing investments wisely. The tech bubble made a lot of ppl money... and a lot of ppl lost money too. At the peak of the mania... companies were simply adding ".com" to their name and their sp would explode. Some similarities can be found in the current cannabis space. I believe there will be a "thinning of the herd" quicker than ppl realize. Cultivating cannabis (flower) will turn more and more into a commodity business and many companies will not survive the price fluctuations as well as product demands or surpluses. Dixie is at an advantage because their business model relies INdirectly with cost of the "raw material". It is my belief that a lot of companies will try to spread themselves too thin with regards to emerging cannabis markets once legal. Only companies with extensive knowledge and resources will stand a chance to thrive on a large scale, if they don't already have a very large foot in the door. This is all IMO. GLTA and to back what geodcan said.... chose your investments well.