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Molecule Holdings Inc C.MLCL

Alternate Symbol(s):  EVRRF

Molecule Holdings Inc. is a Canada-based licensed producer engaged in creating cannabis-infused beverages (CIBs) for the Canadian market. The Company operates through one segment being the production and co-packing CIBs. The Company produces drinks to provide opportunity and choice for people seeking a convenient and social way to consume cannabis. Its brands include PHRESH, embody, CANAJO and KLON. It is also focused on growing both its portfolio, and the overall cannabis beverage market.


CSE:MLCL - Post by User

Post by dart321on Aug 09, 2022 6:07pm
122 Views
Post# 34883155

Housing prices have burst

Housing prices have burstIn the past couple of months houses in the greater TO area have dropped 500k and in the burbs as much as 400k, all major cities accross Canada are seeing the same thing and intreset rates will continue to rise putting even more donward pressure on house prices as more and more people see their ability to obtain a mortgage disappears. Every 1% increase in interest rates take 10% of people looking to buy out of the market. The last time this happened it took over 3 years to bottom and it stayed at the bottom until all the forclosures where sold and that took 5 more years. Now most financial institutions are saying the bubble has burst and the race to the bottom has started. The losses reach as high as 60% of a houses value from the peak of the bubble to the bottom of the bust. As an example an average house price in Vancouver at the peak was 1,450,000, it could bottom out at 580,000, good luck to the flippers.
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