RE:RE:RE:RE:California is not in Ontario!Yes I love the fact that we are the middle man for many of these players' sales. The insight we gain is priceless and we get a cut from everything. Moreover, I was going say the same about the fact that nobody complained yesterday, but refrained from even writing that. This is by far the best MJ board on stockhouse. Seems like there are only serious and level headed people who understand how real investments work. Cheers to all!
RockMaschine wrote: California market > Canadian market. Canopy at 8 billion valuation in the same market in which many other players exist and are competing for shelf space and consumer dollars. Cannaroyalty is working on locking up entire distribution channels across the state. RVR and Alta with total exposure to roughly 1000 dispensaries. Also acting as tax collecting agents for the state. Total valuation roughly 240 million; amazing.
Schedule 1 is the big cap on the entire US market. That and the inability of major US finance and banks to support the companies. At the same time you have Medmen, GTI and others pushing a billion dollar market cap. Heck RVR sells to Medmen for their retail outlets! So there is money there to push up CSE listed companies to wild valuations.
Respect for everyone here on this board who remained quiet during yesterdays turmoil. Keep loading shares, our day will come.